China’s Economy is Affected by Interna Criticism

The Chinese economy has been hit hard by the eight-month trade war. From the data of the CCP Customs, the impact of the trade war is emerging. In the first two months, the total value of US-China trade fell by 19.9% ​​year-on-year, exports to the US fell by 14.1%, and imports to the US fell by 35.1%. This made the dependence on US exports in the first two months of this year drop to 16.8%, down 2.1 percentage points from the same period of the previous year.

At the same time, China’s trade surplus has decreased, to only $43.71 billion, which is $10.6 billion less than the same period last year. The Hong Kong Economic Times believes that the trade war has not ended, the global economy has been hit, and external demand has been weak. In this context, China’s trade surplus may continue to decrease. If it continues, it may affect the balance of payments of the current account.

However, the CCP is an authoritarian regime that can transfer economic losses to the people, so the economic pressure is not terrible for Beijing. What really worried Beijing was the criticism of the system.

Hu Ping, editor-in-chief of “Beijing Spring”, believes that the autocratic government can’t stand the internal opposition, and Beijing must rely on strength to suppress the different internal voices. Once the different internal sounds broke out and couldn’t be pressed, it would have to fall. The Beijing authorities have already “uncounted a lot of enemies”, and once they step down, they may be “disasters.”

Therefore, Beijing hopes to reach an agreement as soon as possible to ease the pressure and suppress different voices. The last time the two sessions of the Chinese Communist Party passed the new Foreign Investment Law, which is Beijing’s move to the United States, trying to end the trade war as soon as possible.

But this new law, in the eyes of economists, is more symbolic and does not resolve trade disputes. Derek Scissors, a researcher at the American Institute of Enterprise Studies, a conservative think tank, told VOA that “the law has no doubt in China because the party is larger than the law.”

In addition to letting the National People’s Congress put a stamp on the Foreign Investment Law, Beijing prefers to use “buy and buy” to reduce the trade deficit and promise to buy 1.2 trillion US dollars of US products in six years.

US Agriculture Secretary Sonny Perdue revealed that Beijing has put “very attractive numbers” on the purchase of agricultural products to the United States, possibly doubling or double the purchase of US agricultural products. This is consistent with China’s previous statement. Before the trade war, China’s annual import of US agricultural products was about 20 billion U.S. dollars. Now China proposes to purchase an additional 30 billion U.S. dollars of agricultural products every year.

As we all know, the US government has also accused the CCP of unfair trade policies, causing a huge trade deficit with the US and demanding that the CCP adjust its economic and trade policies. However, the CCP is very embarrassed. Every time it uses large quantities to buy American goods, it blocks the Americans’ mouths and does not change trade policies. From the past, the CCP has done so often.

However, US semiconductor manufacturers said that the Chinese concession should not count the chip exports.

The current situation is very similar to the past. The CCP still wants to use “buy, buy and buy” to reach an agreement with the United States. Therefore, Stephen K. Bannon, the former chief strategist of Trump, reminded that it is not necessary to reach a “buy, buy and buy” commodity purchase agreement with Beijing, which would make the United States “reverse wins and loses”.

Bannon said that no one had thought before that Trump could reach a negotiation, but he did it, and the president succeeded in increasing his advantage over China. However, he pointed out that if the agreement is mainly focused on commodity procurement, then this advantage will be wasted. “At this critical juncture, it is easy to win or lose.”

“Adding tariffs” hanging on the US
As everyone knows, the trade deficit is indeed an important factor for the US to launch a trade war with the CCP, but it is not the only reason. There are also “structural problems” of the CCP, such as theft of intellectual property rights and compulsory technology transfer by the CCP. These damages to the United States are even more serious.

However, this is precisely the CCP’s unwillingness to change, because it involves the CCP’s tangled and tangled interests, and it may break the foundation of the CCP. In particular, the US side has to hang a large knife on the neck of the CCP, with a supervisory enforcement mechanism. It also requires that the CCP cannot retaliate once the United States sees that the CCP has failed to meet the standards and re-adds tariffs.

Everyone knows that China is a face-to-face society. It doesn’t matter if you lose in the dark. It doesn’t matter if you lose, but you can’t lose face. Beijing fears that once it accepts these demands from the United States, it may leave a critique of opposition forces and be accused of “sinning and humiliating the country.” Therefore, Beijing is more likely to withstand the pressure of trade wars and is reluctant to make concessions. But under the tariff pressure of the Trump administration, like a toothpaste, a little bit of concession.

However, the Trump administration is also discussing whether the Chinese concession is a serious consideration of the concessions, or is it once again “unreasonable.” That is to say, the actions of Beijing, the Americans do not dare to believe completely.

Professor Xie Tian, ​​a professor at the Aiken School of Business at the University of South Carolina, believes that as long as Trump maintains tariff sanctions, the CCP will fully accept the US request in the morning and evening. This move is very effective and Beijing has no response measures.

Xie Tian pointed out that there are also people who tend to reform within the CCP system. When the trade war has caused China’s economy to be hit hard, they may force Beijing to make reforms. Although the CCP is an authoritarian government, it can pass the evil consequences of the trade war to the people, but the internal opposition is unbearable in Beijing. Therefore, Trump’s use of tariffs to deal with the CCP is a high-profile move that will continue to change.

Reviewer overview

China’s Economy is Affected by Interna Criticism - China,Economy, CCP Customs/10

Summary

The Chinese economy has been hit hard by the eight-month trade war. From the data of the CCP Customs, the impact of the trade war is emerging.

0 Bad!

55 Comments

  • rekomendasi memilih website poker Reply

    26 January 2021 at 13:57

    Good post. I learn something totally new and challenging on sites I stumbleupon on a daily basis. It will always be interesting to read cara bermain slot habanero articles from other authors and use something from other web sites.

  • cara menang togel online Reply

    28 January 2021 at 08:06

    Good post. I learn something totally new and challenging on websites I stumbleupon everyday. It’s always exciting to read langkah tepat main togel content from other writers and use a little something from their sites.

  • sisi lain permainan tangkas Reply

    05 February 2021 at 20:15

    Spot on with this write-up, I really think this website needs a lot more attention. judi slot via pulsa I’ll probably be back again to see more, thanks for the information!

  • tipe permainan togel Reply

    08 February 2021 at 07:09

    Spot on with this write-up, I actually believe this web site needs a great deal more attention. Good post. I learn something totally new and challenging on websites I stumbleupon every day. It will always be helpful to read aplikasi poker terbaik articles from other writers and use something from other websites. I’ll probably be returning to read more, thanks for the advice!

  • chect this Reply

    09 February 2021 at 00:36

    Thank you for the auspicious writeup. It in fact was a amusement account it. Look advanced to far added agreeable from you! However, how could we communicate?

  • click this Reply

    09 February 2021 at 23:13

    Hello there! This is kind of off topic but I need some guidance from an established blog. Is it very difficult to set up your own blog? I’m not very techincal but I can figure things out pretty fast. I’m thinking about making my own but I’m not sure where to begin. Do you have any ideas or suggestions? Many thanks

  • click more Reply

    10 February 2021 at 09:15

    Hey very cool website!! Man .. Excellent .. Amazing .. I will bookmark your website and take the feeds also…I am happy to find numerous useful information here in the post, we need work out more strategies in this regard, thanks for sharing. . . . . .

  • read for more Reply

    10 February 2021 at 13:15

    Quality articles, I am waiting for your next article. keep working

  • click here Reply

    10 February 2021 at 16:58

    I agree with your opinion. From now on I will always support you.

  • visit me Reply

    12 February 2021 at 03:35

    As a Newbie, I am continuously exploring online for articles that can aid me. Thank you

  • game kartu wajib di ketahui pria Reply

    12 February 2021 at 06:39

    Spot on with this write-up, I absolutely believe this website needs a lot more attention. trik jitu perhitungan togel 3d I’ll probably be returning to read through more, thanks for the advice!

  • Israel dedicated server Reply

    13 February 2021 at 04:34

    Thanks designed for sharing such a fastidious opinion, article
    is pleasant, thats why i have read it fully

    my blog: Israel dedicated server

  • best cbd for dogs Reply

    15 February 2021 at 14:52

    Pretty section of content. I just stumbled upon your web site and in accession capital to assert that I
    get actually enjoyed account your blog posts. Anyway I will be subscribing to your augment and
    even I achievement you access consistently quickly.

    My website; best cbd for dogs

  • best cbd gummies Reply

    15 February 2021 at 18:22

    Have you ever thought about creating an e-book or guest authoring on other sites?
    I have a blog centered on the same subjects you discuss and
    would love to have you share some stories/information. I know
    my readers would enjoy your work. If you are even remotely
    interested, feel free to shoot me an e mail.

    My web-site … best cbd gummies

  • best cbd oil for anxiety Reply

    15 February 2021 at 22:24

    Amazing blog! Do you have any hints for aspiring writers?
    I’m planning to start my own blog soon but I’m a little lost on everything.
    Would you propose starting with a free platform like WordPress or go for
    a paid option? There are so many options out there that I’m completely confused ..
    Any ideas? Bless you!

    Feel free to surf to my page … best cbd oil for anxiety

  • read for more Reply

    16 February 2021 at 19:58

    This can be an inspiration to many people. Very good job

  • best cbd oil Reply

    17 February 2021 at 03:25

    If some one desires expert view regarding running
    a blog after that i suggest him/her to go to see this web site, Keep up the good work.

    Feel free to visit my webpage best cbd oil

  • best cbd oil for dogs Reply

    17 February 2021 at 13:14

    I am really thankful to the holder of this site who
    has shared this impressive article at at this place.

    my web page … best cbd oil for dogs

  • cbd for sale Reply

    17 February 2021 at 13:26

    You can certainly see your expertise within the work you write.
    The world hopes for even more passionate writers such as
    you who aren’t afraid to mention how they
    believe. At all times go after your heart.

    Feel free to visit my site: cbd for sale

  • halaman ini Reply

    19 February 2021 at 10:10

    Can I just say what a relief to discover an individual who really knows keseruan permainan poker This web site is one thing that’s needed on the internet, someone with some originality!

  • hydroxychloroquine sulfate nz Reply

    20 February 2021 at 06:09

    what is hcq medicine side effects of hydroxychloroquine hydroxyl chloroquine

  • side effect of plaquenil Reply

    20 February 2021 at 12:27

    erectile hyperfunction plaquenil alcohol does erectile dysfunction pills work

  • VTC LILLE ZAVENTEM Reply

    20 February 2021 at 20:13

    Write more, thats all I have to say. Literally, it seems as though you relied on the
    video to make your point. You definitely know
    what youre talking about, why throw away your intelligence on just posting videos to
    your weblog when you could be giving us something enlightening to read?

    Also visit my blog; VTC LILLE ZAVENTEM

  • selebihnya Reply

    21 February 2021 at 12:20

    May I simply just say what a comfort to find somebody that really knows website taruhan sepakbola This web site is one thing that’s needed on the web, someone with a bit of originality!

  • blink app for chrome Reply

    21 February 2021 at 19:41

    I’m amazed, I must say. Rarely do I encounter a blog
    that’s both equally educative and interesting, and without a doubt, you have hit the nail on the head.
    The issue is something that not enough folks are
    speaking intelligently about. I’m very happy that I found this in my hunt for something concerning
    this.

    Look at my homepage: blink app for chrome

  • cbd oil for sale Reply

    22 February 2021 at 22:57

    I think this is among the most important info for me. And i am glad reading your article.
    But wanna remark on few general things, The web site style is
    great, the articles is really excellent : D. Good job, cheers

    Also visit my website; cbd oil for sale

  • how to buy zithromax online Reply

    25 February 2021 at 05:41

    zithromax generic name zithromax z-pak price without insurance z pak 500 mg

  • link ini Reply

    25 February 2021 at 11:59

    Can I simply just say what a comfort to find an individual who actually knows tipe slot mudah menang This web site is one thing that’s needed on the web, someone with a little originality!

  • free tiktok fans no human verification Reply

    26 February 2021 at 01:59

    Great article.

    Here is my web-site :: free tiktok fans no human verification

  • slut Reply

    26 February 2021 at 10:48

    Undeniably imagine that that you said. Your favorite reason appeared to be on the net the
    simplest thing to take into accout of. I say to you, I definitely get annoyed while other folks consider issues
    that they just do not know about. You managed to hit the nail upon the highest and
    outlined out the entire thing with no need side-effects , people can take a signal.
    Will probably be back to get more. Thanks

    My site :: slut

  • fetish Reply

    26 February 2021 at 10:59

    Hello, all is going nicely here and ofcourse every one is sharing
    information, that’s genuinely excellent, keep up writing.

    Look at my site: fetish

  • check this out Reply

    28 February 2021 at 07:35

    I am always browsing online for articles that can assist me. Thanks!

  • ClarkLut Reply

    02 March 2021 at 03:55

    6v35r z0cpu cmjq

  • RÉSERVATION TAXI A LILLE Reply

    02 March 2021 at 04:31

    Hey there I am so happy I found your webpage, I really found you by error, while I was browsing on Bing for something else, Anyways I am here
    now and would just like to say kudos for a remarkable post and
    a all round entertaining blog (I also love the theme/design), I don’t have time to browse it all at the minute but I have bookmarked it and also included your RSS feeds, so when I have time I will be
    back to read more, Please do keep up the fantastic
    work.

    my web-site: RÉSERVATION TAXI A LILLE

  • cbd oil for dogs Reply

    02 March 2021 at 17:46

    Good info. Lucky me I recently found your website by accident (stumbleupon).
    I’ve saved as a favorite for later!

    My web page cbd oil for dogs

  • check this out Reply

    03 March 2021 at 21:15

    Quality articles, I am waiting for your next article. keep working

  • check this Reply

    04 March 2021 at 10:40

    This is a really good site post, I’m delighted I came across it. I’ll be back down the track to check out other posts that

  • click that Reply

    05 March 2021 at 22:19

    your writing really helped me I know what steps to take.

  • https://styluswars.com Reply

    06 March 2021 at 07:36

    very easy to understand explanation. fits me perfectly. from now on I will be your fan

  • read this Reply

    06 March 2021 at 17:28

    Hello.This article was extremely fascinating, especially since I was browsing for thoughts on this issue last Sunday.

  • check this Reply

    07 March 2021 at 06:52

    your writing really helped me I know what steps to take.

  • contact us Reply

    07 March 2021 at 11:51

    Your article makes perfect sense. Writing that is worth reading. oh yeah btw also visit my website. Thanks

  • continue Reply

    08 March 2021 at 13:54

    I’am amazed

  • video-poker-gambling.com Reply

    09 March 2021 at 01:44

    Hello there! This is kind of off topic but I need some guidance from an established blog. Is it very difficult to set up your own blog? I’m not very techincal but I can figure things out pretty fast. I’m thinking about making my own but I’m not sure where to begin. Do you have any ideas or suggestions? Many thanks

  • amoxicillin 500 milligram Reply

    11 March 2021 at 09:06

    amoxicillin reactions amoxicillin generic price in india difference between amoxicillin and penicillin how to treat amoxicillin rash

  • digoxin and lasix Reply

    11 March 2021 at 19:39

    furosemide tinnitus lasix 20 mg price in india does lasix cause kidney failure what to watch for in a patient taking lasix

  • zithromax drug interaction Reply

    12 March 2021 at 05:58

    zithromax cats how to get zithromax online zithromax for a bladder infection what are the side effects of azithromycin

  • ivermectin vs permethrin Reply

    12 March 2021 at 22:52

    collie ivermectin ivermectin 6 mg tablets ivermectin pour on cattle wormer how to measure ivermectin in a dosing tube

  • albuterol vs xopenex Reply

    13 March 2021 at 09:18

    goodrx albuterol ventolin hfa inhaler can albuterol cause high blood pressure how often albuterol inhaler

  • halaman ini Reply

    13 March 2021 at 22:08

    Can I simply say what a comfort to uncover somebody who genuinely understands mesin jackpot terbaik This website is something that is required on the web, someone with a bit of originality!

  • vtc Douai Reply

    15 March 2021 at 14:44

    I like the helpful information you provide for your articles.
    I will bookmark your blog and take a look at once more right here frequently.

    I am rather certain I’ll be told lots of new stuff right right here!
    Good luck for the next!

    Feel free to surf to my blog post: vtc Douai

  • link artikel Reply

    16 March 2021 at 00:59

    Can I simply say what a comfort to find an individual who truly knows ceme qq terbaru This website is something that’s needed on the internet, someone with a little originality!

  • pokerv Reply

    16 March 2021 at 14:14

    Hello I am so grateful I found your web site,
    I really found you by error, while I was looking on Digg
    for something else, Nonetheless I am here now and would just like
    to say cheers for a tremendous post and a all round exciting blog
    (I also love the theme/design), I don’t have time to read it all at the minute but I have book-marked it and also
    included your RSS feeds, so when I have time I will be
    back to read a great deal more, Please do keep up the
    awesome work.

    Feel free to visit my web site … pokerv

  • click di tempat ini Reply

    19 March 2021 at 23:26

    Can I simply just say what a relief to uncover an individual who truly understands tahapan untuk main poker This site is one thing that’s needed on the web, someone with a little originality!

  • zortilo nrel Reply

    22 March 2021 at 02:14

    I used to be recommended this blog by my cousin. I’m no longer certain whether this post is written through him as nobody else know such precise approximately my difficulty. You’re incredible! Thank you!

Leave a Reply to Israel dedicated server Cancel reply