Former Fed (FED) official Kevin Warsh said in an interview with the financial website CNBC on the 4th that the current relationship between the United States and China may have fallen to the freezing point before the US President Nixon improved the US -China relations more than 40 years ago.Essence

Huaye said that we are now facing the two major economic powers of the United States and China, which will set off a risk of real Cold War.For more than 30 years, we have lived in a global world, and the air that breathe globalization seems to be an unavoidable force.Before Powell was determined to take over the chairman of the FED, Hua Xu has always been a candidate for the chairman of the Fed.

Hua Xu used the Cold War to describe the current economic deadlock in the United States and China.The Berlin wall collapsed in 1989.

Huaye said: Now that the United States and China entered a new relationship, but is this the beginning of the Cold War in 10 to 20 years?This has great meaning for the economy.From 5 to 10 years from now, we will see the two major camps with clear barriers: the world centered on China or the United States -centered world.Other economies around the world must be connected to both sides or at the same time.

China does become consumer -oriented countries, and it does not rely on the country's stimulus measures to drive economic growth. However, the core of Chinese capitalism is still guided by the country, which is very different from the American free market capitalism.

Huaye said that the current new relationship between the United States and China is not just Trump's question. I think that no matter who enters the White House, it will establish a new relationship with China.The powerful relationship has nothing to do with how much soybeans you import or how many Boeing to buy Boeing. It is related to your core interests. He also said that the trade war is only part of the difference between democratic America and the Communist China.

Huaye said: I guess the beauty and China may need to hold a power summit, but the two parties have the willingness to talk to.