China’s Foreign Minister Wang Yi said, “Backed by global opposition to the Cold War and division, the United States blatantly violated the policy statement not to seek a new Cold War and united to form an Anglo-Saxon faction.” rice field. September 28, in response to Australian submarine transactions.
The release of Meng Wanzhou, a Huawei executive who had been detained in Canada at the request of the United States, followed by the release of two Chinese and two Americans in China helped to relieve tensions. There wasn’t.
Mr. Trump’s tariffs discouraged imports of some Chinese products, but the coronavirus pandemic caused significant exports to the United States as Americans purchased training equipment, furniture, toys, and other products during the blockade. Increased to.
Chinese leaders have also doubled the types of domestic industrial subsidies that the United States has long opposed. They have significantly expanded the program, which was launched more than a decade ago, and need to purchase computer chips and jet airliners (two of the major exports of the United States to China), among other industrial products. The purpose is to eliminate it.
The Biden administration has sought a way to convince China to limit widespread industrial subsidies, but that would be difficult. George W. Bush, Obama, and the Trump administration have all been almost successful in persuading China to abandon long-term subsidy use to domestic producers as a tool to break its dependence on imports. There wasn’t.
China’s leader, Xi Jinping, called for other countries not to threaten to continue to rely on China for their key products and stop selling to China. The United States has done this on issues such as surveillance, forced labor, and crackdowns on Hong Kong’s democratic advocates.
“The dependence of the international industrial chain on Japan has formed strong countermeasures and deterrents for foreign parties to artificially cut off supply,” Xi said in a speech last year.