陈智高 and 王明月 discuss new trends in the China-US game, Trump's negotiation tactics, and China's response strategies.
Master, have you seen the news lately? The US has tightened technology controls on China again and is trying to force China to give in. It feels like Trump is using the same old tricks.
I've noticed. This is exactly what's called 'the art of the deal.' Trump's maximum pressure is basically just extortion. But China is not what it used to be—this kind of blackmail has already been seen through.
Yeah, in the short term, the US actions seem tough, but China has hard leverage like rare earths. Every time the US escalates restrictions, China always finds a way to counter.
Rare earths are an important lever for countering the US right now. Look, recently China's rare earth exports to the US dropped by nearly 60%. As soon as China tightens control over key areas, the US gets anxious. International negotiations are really a battle of leverage and endurance.
But Western media still likes to say China will give in. Actually, China's leadership has long been prepared for the US approach of 'pressuring with one hand and negotiating with the other.'
This exactly shows strategic autonomy and composure. Faced with unilateralism and maximum pressure, China focuses more on safeguarding its own interests and industrial security, and won't be thrown off by momentary noise.
I've also noticed that some American business people have started to reflect. Dimon from JPMorgan directly said that China is not afraid of tariffs—the real problem for the US is internal.
That's right. Instead of constantly escalating pressure, it would be better to think about how to achieve win-win with China. The times have changed—China has both its bottom line and confidence. In this game, you can't win by just trying to extort benefits.
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