Comments by "People Liberator" (@lvjinbin28) on "" video.

  1. Americans have never understood that the largest buyer is the United States, which Not naturally has an absolute monopoly, For example, only China has the cheapest and largest rare earths. No matter how the United States raises taxes, even if the tax is increased to 100%, the United States can only buy rare earths from China, because it will take at least 20 years to build a rare earth industry in the United States, because China's rare earths are irreplaceable. Americans have always believed that they are the largest buyer, so China needs the United States more. It seems that once the United States stops buying Chinese goods, the Chinese economy will collapse, so Xi Jinping will definitely kneel down and beg for mercy from Trump. However, Americans seem to be unaware that the trade war has been going on for 7 years, so why is the United States still buying Chinese goods? Are Biden and Trump both kneeling down to lick China? In fact, after so long of the trade war, the United States cannot reduce its dependence on China today, while China can cancel its dependence on the United States. The United States has sanctioned more than 1,000 Chinese technology companies, not just Huawei, but China's trade surplus still hit a new high, and China was forced to complete the Made in China 2025 plan ahead of schedule. Therefore, Trump's trade war and Biden's chip war did not prevent China from earning more trade surpluses and industrial upgrading. Of course, if the United States lifts these sanctions, China will earn more trade surpluses, but don't forget that China has never sanctioned Apple because of Huawei. In the past few years, Apple has filled the gap left by Huawei without 5G chips, which has upset many Chinese nationalists, but Xi Jinping still did not sanction American brands, and even invited more foreign investment. For example, at the height of the trade war, Xi Jinping even gave the best conditions to invite Tesla to the Chinese market to make money, and let Tesla be the catfish in the Chinese electric vehicle market, so why does China do this? If Trump and Biden are both boycotting Chinese goods, especially Chinese brands and investments in the US market, while China is inviting American companies to make money in the Chinese market, isn't this very strange? I think this is a more subtle and long-term consideration of the Chinese government. Since the United States said it wants to decouple and urge American capital to leave China, China will certainly not be fooled. It will learn from the Soviet Union and help the United States to improve this economic iron curtain. What China needs is foreign investment to create jobs, and China needs the United States to remain dependent on it. These are China's killer moves for the showdown later. Otherwise, if China gradually sanctions American companies, then if the United States imposes comprehensive sanctions, won't China be able to give a heavy blow? Therefore, China will continue to let American capital earn RMB, and then continue to upgrade its industry under pressure, allowing non-US markets to absorb China's losses. The United States has basically sanctioned everything it can sanction in the past seven years, and the rest are dependent on China's most cost-effective supply chain and cannot be separated. That means China does not have to pay tariffs to buy American soybeans, because China will buy Brazilian soybeans, but the United States still has to pay tariffs to buy Chinese goods. Since China has been patient for seven years, it has always been defending after being attacked and finding ways to reduce losses, and has almost never retaliated against American companies. China must be waiting for the best moment, but the United States believes that China is only retaliating weakly because China does not have the ability or courage to do so. Now that the cards have been exposed, China will switch from defense to offense. China now has many cards to play, such as comprehensive tariffs on US exports. This is naturally because China has found an alternative, but the United States has not found an alternative but has launched a comprehensive tariff war and even targeted its allies. This is the most stupid and vulnerable moment for the United States. In addition, China can retaliate against US debt and the US trade surplus in services, such as software, Hollywood movies, and even all intellectual property rights. When the US stock market is at a high level, the bubble is the largest, and such retaliation will be effective. However, China will also suffer some impact. China also has a way to stimulate domestic demand to save itself, just like in 2008, when Hu Jintao faced the 2007 Wall Street crisis. 100,000 factories and companies went bankrupt, and 30 million workers suddenly lost their jobs. However, Hu Jintao was able to use 4 trillion yuan to invest in infrastructure to expand consumption. In 10 years, 70% of the world's high-speed railways were built. China saved itself and the United States. Then I think Xi Jinping may also come up with 8 trillion yuan to invest in rural areas and new infrastructure such as 6G communications, AI industry, and biomedicine. The Chinese government has the money.
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