The escalating trade dispute initiated by the Trump administration is not meant to address the trade imbalance between China and the United States, but to curb China’s technological market expansion, experts said on Sunday.
As China upgrades its manufacturing base through the Made in China 2025 plan, the US, the world’s only superpower, cannot accept this and sees China’s fast development as a threat to its global dominance, said Zhou Mi, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation, a government think tank.
“Therefore, it is inevitable for the US to adopt unilateral and protectionist practices to stem China’s growth,” he said. • Related sttorrieiess,>papg3e3 • Editoriall, p>apg8e 11 • Comment, Comment page 12
The US government’s distrust of China can be found in its National Security Strategy report issued in December, which mentioned China 33 times and defined China as its “competitor”. The Trump administration claimed that China attempted to challenge the US status and poses a threat to US prosperity and security.
“The US has focused more on the service sector and spent over $5.5 trillion in wars in Afghanistan and Iraq over the past 17 years. It didn’t pay much attention to upgrading its manufacturing sectors, urbanization and