In the context of Sino-US relations, U.S. Secretary of Commerce Raimondo said that he would continue to contain China in the field of cutting-edge semiconductors, and warned U.S. companies to prohibit the supply of products or technologies to China through curves. He directly questioned whether China was a friend of the United States. This statement has sparked widespread attention and discussion, especially in the context of China's purchases of U.S. soybeans.
However, we can't just look at the superficial. The real problem is that China and the United States are economically interdependent and have complex and close ties to each other. While the United States has tried to improve its competitiveness by restricting China's technological development, this approach has only had a negative impact on the United States itself. Considering the huge market and resource complementarity between China and the United States, this kind of war will only cost both sides.
According to reports, China purchased 600,000 mt of soybeans from the United States last month. While this may have been inconspicuous in the past, it has special implications in the current situation. The US media believes that China's procurement measures have brought hope to US agricultural exports. In the past, China was the largest importer of agricultural products such as soybeans and corn in the United States, but with the escalation of friction, China turned to Brazil and other countries for agricultural imports.
In fact, China's shift from the United States to Brazil is a strategy of bite. In the international agricultural export market, the United States and Brazil have serious problems of homogeneous competition. In the past, Brazil has often lost out in competitions, and with the influence and dominance of the United States, Brazil's market share has been relatively small. However, since 2019, things have changed. China, the largest buyer and dominant player in the global soybean market, has begun to shift to imports of Brazilian soybeans, which has led to large-scale bankruptcies of U.S. farmers and "worst" exports of U.S. soybeans, corn and other agricultural products.
Although the United States has imposed sanctions on China in some areas, such as semiconductors, these sanctions may actually have a negative impact on the interests of the United States itself. Although American semiconductor giants such as Nvidia and Qualcomm were warned by Raimondo, they are actually very dependent on the Chinese market. They have repeatedly issued recommendations with the understanding that sanctions will only accelerate China's technological breakthroughs, and that cooperation can achieve mutual benefit.
In addition, in addition to semiconductors, there are other areas of cooperation that are also of vital importance to the United States. For example, the U.S. debt problem and the manufacturing problem. China is the largest creditor of the United States, and the United States needs China to buy its large bonds to help balance the domestic economy. In addition, China is also an important base for global manufacturing, and many U.S. companies have production facilities in China. So, more often than not, cooperation is what both sides really need.
In the context of Sino-US relations, Raimondo's statement has sparked widespread controversy. We should recognize that the economic ties between China and the United States are very close and to some extent interdependent. As the world's second largest economy, China plays an important role in the international community and is also one of the most important partners of the United States.
The current ** friction will only bring losses to both sides. By strengthening cooperation, China and the United States can achieve mutual benefit and win-win results, and jointly promote the stability and sustainable development of the global economy. Despite some contradictions and frictions, China and the United States should maintain a calm, rational and pragmatic attitude, resolve differences through dialogue and consultation, and make efforts to build a more stable and sustainable relationship.
In the current situation, we should also recognize the importance of the Chinese market to the United States. Whether in agricultural products or elsewhere, China and the United States need to work together to achieve mutual benefit. By strengthening cooperation, we can achieve greater development and prosperity for the benefit of both peoples and the global community.
As a beneficiary of the era of globalization, we should embrace cooperation and openness, abandon unilateralism and protectionism, and jointly promote the building of an open, inclusive, inclusive and sustainable global economic system. This is not only in the common interests of China and the United States, but also in line with the common aspirations of the world. It is only through cooperation that we can tackle challenges together and achieve mutual development and prosperity.