Hong Kong -The bombing of drums throughout China this week, and aims to ward off evil spirits in centuries ago where the Chinese welcomes New Moon’s year. This year, the hopes of the New Year in prosperity are more important, as China itself stands for Trump 2.0.
“China hopes for the best and prepares for the worst,” said Dr. Henry Wang, Chinese government adviser and founder and head of the China and Globalization Center. He said that Beijing officials are very concerned about President Trump’s speech on the campaign’s path.
Mr. Trump threateningBefore taking office, to impose a tariff of up to 60 % on all Chinese imports.
This did not pass, but it is expected that the 10 % customs tariffs on all Chinese goods that were exported to the United States will start on Saturday – and Mr. Trump has indicated that it might be just a warning shot. In an interview last week, the tariff was called “a very large force on China.”
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But Mr. Trump can deal with a completely different economic competitor than the last time he called the White House to the house.
Analysts say China is now less dependent on the United States, more economically self -acquisition, and dominates the main industries. Like electric cars The manufacture of batteries that operate EVS and many other consumer devices, along with drones and solar panels.
“You see an absolute epic mutation in the industry, because the fact is that China today may be more productive than any economy ever.” Louis Vincent gave CBS News said. He said that the second largest economy in the world is now better Isolated for a trade war with the United States.
He also gave the amazing news that the tray AI Deepseek corresponds toIf it is not overlooked, the American AI models have emphasized the fact that China should not be reduced anymore.
“The idea that we will win a technical war with China for 10-20 years, when all children who are trained today in technology are Chinese,” gave, “madness.”
Trump administration officials, legislators and cybersecurity experts have a vocal concern that Dibsic technology The threat of national security can pose To the United States
No one at the company’s offices in China was ready to speak with CBS News.
Although China seems less likely to have a strong weapon than it was during the first term of Mr. Trump, the new sharp tariffs will harm.
Paul Ashworth, the Capital Economics report, indicated in a report by investors that the United States represents only 7 % of exports to China. This would give Beijing a lower room for revenge on Canada or Mexico, which Mr. Trump threatened by 25 % of the customs tariff starting from February 1, which is more important markets for American exporters.
A trade war with the United States will also come as China faces slowing economic growth, which leads to additional pressure on Chinese leaders.
Meanwhile, Chinese citizens hope for warmer relations with the United States, but no one is under any delusions.
In response to a question about whether she believed that Mr. Trump would work with China, a young woman told the mainland and Hong Kong CBS News that the American leader seemed to be “great importance to his own interests.”
With prayers all over Asia for a year of snake, many people in China know what is at stake.
“I think it will be very devastating to the world, not only the United States and China. The world does not want to have to choose the two sides,” said Wang, the Chinese government adviser, if they failed the global economic forces to determine their differences.
He contributed to this report.
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