Us china trade war: The trade war between the US and China is now taking even more complicated turn. The latest case has come from Beijing, where China has clearly spoken that if a country does such a trade deal with America that hurts the interests of China, then the answer will be strict.

Why China is angry

Actually, some reports claim that the US is now “attractive” to other countries, meaning, if they reduce their trade deal from China, they will get discounts in tariffs. China is angry after hearing this. The Chinese Commerce Ministry said in a statement, “If this happens, we will not sit silent at all. If necessary, we will also answer.”

Which countries are the gesture?

Now China did not take anyone’s name, but its indication was clear that European Union, Japan, ASEAN’s country and even India are on its radar. According to the report of Wall Street Journal, America is pressurizing many countries to distance it from China and in return to get access to the market from America.

China made allegations

China has called this trick of America “hegemonic politics” ie domination politics and “unilateral bullying”. China says that America is misusing its strength and threatening other countries.

China is under pressure

China is already facing US tariffs of up to 245 percent of the US. China has also retaliated by imposing 125 percent tax on American goods. But now that China’s own economy is slowing down and global demand is also low, Beijing has become and alert.

What is the status of Asean countries?

The big thing is that the ASEAN country seems to be very balanced on this issue. Malaysia, who is currently the president of Asean, has clearly said, “We cannot choose nor choose any one.” Meaning, there is a balance between America and China.

What will India do?

Now the biggest question is about India. Relations with both countries are important for India. On the one hand, strong cooperation in technology and defense with America and big business relations with China on the other side. In such a situation, it has become a Tetterope walk for countries like India, that is, who should be angry and who should be celebrated?

What will happen next?

This whole story is so clear from this whole story that global trade is going through a big change. While America is trying to serve its interests, China has now come down directly on the language of threat and countries like India, whose strategy will now matter the most.

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Us china trade war: China’s economic condition is now deteriorating due to the tariff tight of US President Donald Trump. The big economists of the country of Xi Jinping themselves are now worried about what the situation of China is going to happen in the coming time. The biggest thing is that if the US seized China’s foreign property, then China’s condition will be like Russia.

What to say of the economist of China

According to a report by the South China Post, a senior economist and former Central Bank Advisor to Chinese U Yongding has expressed serious concern over the safety of China’s foreign properties amid growing trade war with the US. He has advised Chinese officials to be vigilant and make necessary preparations to reduce possible losses.

America can make dollars weapon

In a forum held in Beijing, U Yongding said, “America can make dollars a weapon. Trade war is intensifying, I am afraid that this struggle may reach China’s foreign properties.”

China had foreign assets of 10.2 trillions by the end of 2024. It will be around 850 lakh crore rupees in Indian rupees. Out of which 3.2 trillion dollars are Forex Reserve. Most of these are in US dollars. However, China is decreasing the holdings of American Treasury Bills in the last few years. Since 2017, China has reduced about 25 percent of American bonds.

Russia can also be with China

U Yongding warned that China should be cautious by taking lessons from the way the US seized Russian properties after the Russia-Ukraine War. He said, “We should be ready and take concrete steps, so that future damage can be reduced.”

“Mara-e-Lago Accord” also threatened?

U also expressed concern over a hypothetical plan called “Mar-e-Lago Accord”, in which the US could turn the dollar-dinominated debt of foreign borrowers into 100 years bonds. According to U, “It will be a way default, which can become a big threat to China.”

The confrontation between China and the US can now move beyond trade and reach the financial sector. The concern about China’s foreign properties, especially the funds kept in US dollars, is increasing. Experts believe that China will have to further strengthen its economy as well as reduce dependence on US dollars.

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