China converts Trump tariff increase into opportunities
China converts Trump tariff increase into opportunities
In the past few weeks, countries worldwide has tried to benefit from US President Donald Trump's escalating measures in the trade conflict. In contrast, China Another strategy.
China's reaction to the US tariffs
Within 48 hours after Trump's announcement of market -changing tariffs, the second largest economy in the world immediately with their own punitive measures against US goods and companies. The message is clear: China is well prepared to survive the trade war and to emerge from this situation.
strategic communication Chinas
This message was conveyed to both the domestic audience and foreign countries by wave of reporting in the state media and government expressions over the weekend after Trump's massive attack on the global trading system. A comment in the government's own People’s Daily was: "US tariffs will have an impact on China, but the sky will not fall." The comment emphasized that China has continued to progress since the beginning of the trade war in 2017 and would only be stronger under pressure.
US tariffs and China's countermeasures
On Wednesday, Trump gave another Customs imported to all from China % climb. In response to this, Peking also introduced tariffs of 34 % to all American imports on Friday and issued additional measures, including export controls for rare earths and trade restrictions for certain US companies.
China's strategic considerations
Beijing's rhetoric, whether as a propaganda or not, aims to convey trust to the Chinese public and the international community. The researcher Ryan Hass from the Brookings Institution said on the platform X: "The US behavior could prove to be a mistake that undermines his own global position." He referred to the discussions about a possible global realignment without the United States, which apparently prefers Beijing.
China as a new global player
China is increasingly positioning itself as a defender of a globalized economy that has improved prosperity in many countries. "China will continue to open its doors as the second largest economy, regardless of the international changes," said the Foreign Ministry in a explanation .
competition and economic cooperation
International economic leaders and experts who spoke about Chinese state media emphasize the rivalry and willingness of China to redesign the international trade regulations. "We are ready to accept the challenge and compete with the USA in the global trading system," said Ju Jiandong from Tsinghua University. Nevertheless, it remains to be seen how other countries will react to China's messages, especially in view of the concerns about a possible flood of Chinese exports.
prepared for challenges
Despite all the positive rhetoric, China remains prepared for possible economic effects and further escalations. Last year, the trading volume between the USA and China was about half a trillion dollar. In view of the challenges due to high local debt and economic uncertainties, the Chinese government plans to take measures to support domestic consumption.
summary
The supervision of the challenges by the trade war will not be based on an election evaluation or voting vote, as would be the case in many other countries. Analysts predict that the new tariff China GDP will burden at least 0.7 percentage points and advise against accelerated economic measures. The question remains how far the trade war can escalate between the two largest economies and whether a way out can be found.
reports by CNNS Joyce Jianang contributed to this article.