Global Times - Weekend

China has strategic leeway amid trade war

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Since a trade war began between China and the US, some people have been worried it would obscure China’s future. Such a crisis consciousn­ess is not completely unnecessar­y, as the trade war will be an obstacle for China’s rise and will leave a mark in history.

However, we will only have a better understand­ing of the obstacle when we look at it in the whole process of China’s reform and opening-up. China experience­d several rounds of turmoil since reform and opening-up began until around 2000, including serious inflation, the wave of lay-offs, problems that were not seen during the planned economy, and China did not have much resource to tackle them. Even worse, the West imposed economic sanctions on China during the late 1980s and early 90s, bringing China’s economy to a standstill.

Other than that, the crisis in the Taiwan Straits in 1996, the US bombing of China’s embassy in the former Yugoslavia in 1999, and the China-US warplane collision in 2001 were all severe crises for China.

It would be difficult to compare the trade war with the US with previous challenges, different in causes and damages, but one thing is certain that China now has more resources and space than ever to tackle challenges.

China is already on the road to modernizat­ion, with full self-motivation. It will be a huge gamble unseen in the human history for the US trying to stop the rejuvenati­on of a civilizati­on as big as China, and there is no guaranteed success of the US even sparing no effort.

It is increasing­ly clear that China’s rise is dependent on the country’s own efforts rather than what other countries do. China’s political system, the economic and social reforms, and the continued opening-up are decisive to China’s rise, never the US tariffs.

In fact, China has been plagued by various uncertaint­ies since its comprehens­ive reform and opening-up. We find each year is crucial and believe as long as we stick it out the future will be promising. From a historical perspectiv­e, the difficulti­es China faces today are no different from what it experience­d in the past.

Big powers need to cope with great pressure when they are rising. Their political strategies and philosophi­es vary as their level of stamina is different. The rise of China does not depend on a strike of luck. On the contrary, we need to trust our potential, historical experience and national confidence, which are unique.

A community of shared future for mankind, advocated by China, is a revolution of thought in the era of globalizat­ion. Before the US decides to engage in the zero-sum game, they are well advised to figure out which has a better chance, China’s rejuvenati­on or the US’ firm grip on hegemony. The answer is self-evident.

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