China has replaced the United States into a global economic engine?US media: curb China or lead to global depression

According to the US "Eurasian Review" website, the Bayeng government is risky to pursue the US, the West, Emerging Asia, and the world's southern south to pursue the unilateral hegemony of the United States. Before the global epidemic, the International Monetary Fund reported that China had replaced the United States as the engine of the global economy. As an economist Annie Cruag said, Trump's trade war was "a failure measure that hurts both China and hurts the United States." Therefore, many people originally hoped that Biden's victory would promote the restart of the relationship between the two countries, but the facts were just the opposite. The Biden government has intensified, weapons the Trump's policy, and disperse risks to its allies -from the European Union to Japan, from Ukraine to Taiwan. In the 21st century, it has not received fundamental support in the United States' dominant position. This approach may push the world economy into the decline of stagflation, and even lead to serious global depression.

It is not an empty story to say that China has replaced the United States as a global economy. In 2021, China's total exports were nearly $ 34 trillion. In the same year, China's total imports soared to nearly $ 27 trillion. For decades, Chinese exported goods and cheaper prices have contributed to low cost and low inflation. In other words, China not only has a new engine that drives the global economy, but also an important force to maintain low inflation worldwide. The United States continues to curb China's development, and even becomes friction with China into a "New Cold War", which makes the world economy endangered the abyss. Nowadays, the US trade war in China is still continuing, and various measures to restrict Chinese companies are still being introduced, and the United States is constantly drawing allies to deal with China.

If you do this, China can prove its attitude and ability with practical actions. Who we sanction us, we will counter to who. In the face of the suppression of the United States and Western countries, the Chinese economy has not collapsed, and even declined. Under the impact of the epidemic, the global economy continues to be sluggish, and China is still developing rapidly. It can be seen that the suppression of the United States will only stir up China's fighting spirit, and we will never retreat. Also, if the United States and Western countries continue to curb China's development, causing the global economic depression will become an unavoidable thing. This consequences need to take responsibility for the West. At that time, the United States is likely to steal chickens without eclipse.

The current Europe and the United States are facing high inflation. Especially since the outbreak of the Russian -Ukraine conflict, the lives of European countries have not been well. According to the latest economic data, the inflation rate of 19 countries in the euro zone in August this year reached 9.1%, which has set the highest level since the record. Among them, the rise in energy prices is the main reason for pushing high inflation, and the energy prices of the euro zone countries have soared by 38.3%in August. Today, the energy war in Russia and Europe has continued to upgrade. Russia has stopped the gas supply of "Beixi 1" due to Europe's oil and gas limits. In this way, the probability of inflation in Europe has increased further.

The same is true in the United States, facing the problem of high inflation and insufficient supply chain. Its inflation rate has reached a new high in nearly 40 years, and has begun to breed various social problems. There is no effective response to the U.S. government except the US dollar. The Biden government even wants to cancel some tariffs on Chinese goods to alleviate the problem of high domestic inflation. But this matter was interrupted by Pelosi's visit to Taiwan, and it is far away.

Therefore, in such a background, the American traditional allies European countries will not follow the United States to curb China, because dealing with China is equivalent to giving itself to themselves. In losing China's huge market, the European economy will become terrible, social contradictions are likely to be unable to reconcile, and various riots will explode. As for the United States, if you are alone to fight against China, you will also eat bad results. China is uncomfortable, and it will not want to put it outside. To this day, the global economy has developed an interdependence relationship, and it has been moved to the whole body. Any approach to destroying China's stability may destroy the living standards of Western countries for decades, and at the same time turn the most vulnerable economy into a failure. nation.

Therefore, the United States's plan to curb and suppress China will eventually fail, China will not yield, and the world may not accept it. Stopping against China and establishing a new type of great power is the right path to take the future. China and the United States have two advantages, and the fighting between the fight is not a empty words. In the struggle in recent years, this sentence has been proven. Now the struggle between the two countries is still continuing. What we can do is to cover the water from the water and work hard to develop ourselves. One day, it will make those who want to suppress us look up at China.

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