Both sides have learned lessons from the first US-China trade war. For Trump, it's that tariffs and sanctions are powerful tools. For Beijing, it's that a bad situation can get even worse.
I feel China’s hand has strengthened considerably since the first Trump administration. (China’s economy has grown faster than theUS in the 5 years.) If I am right, China might be more willing to ignore Trump and focus on BRICS and the rest of the Global Majority. How much can China appease Trump realistically? The US will never be satisfied, and appeasement does not work in the long run (as the West itself reminds us). China has to play the long game, even if it is painful.
I'm not sure about this take, Tesla came into the Chinese market. Lowered prices to gain share. If it was any other market I'm sure this would have worked well. You now see quite a few highly competitive EV makers. Xpeng's Turing AI chip is quite impressive. I think there might be a miscalculation on Trump 2.0.
I feel China’s hand has strengthened considerably since the first Trump administration. (China’s economy has grown faster than theUS in the 5 years.) If I am right, China might be more willing to ignore Trump and focus on BRICS and the rest of the Global Majority. How much can China appease Trump realistically? The US will never be satisfied, and appeasement does not work in the long run (as the West itself reminds us). China has to play the long game, even if it is painful.
Just my view.
I'm not sure about this take, Tesla came into the Chinese market. Lowered prices to gain share. If it was any other market I'm sure this would have worked well. You now see quite a few highly competitive EV makers. Xpeng's Turing AI chip is quite impressive. I think there might be a miscalculation on Trump 2.0.