(Bloomberg, New York) China and the United States signaled last week that the two parties made substantial progress in trade negotiations, and Chinese President ... also expressed welcome to the two sides of consensus.But there is another question: Why do the United States choose to fight against China, instead of pulling those Western countries that are also dissatisfied with the trade behavior of this Asian giant country to establish an alliance together?
Mohamed A. El-Elian, chief economic adviser to Bloomberg, pointed out that if you want to properly evaluate the Sino-US agreement is the decisive solution of long-term global economic and trade conflict, or just a short-term ceasefireAgreement, the answer to the above question is one of the key.
China's dissatisfaction with the United States, including long -term large trade surplus, compulsory technology transfer, large -scale government subsidies, and poor protection of intellectual property rights.The Trump administration focuses on the concessions of China in all these aspects. Under the situation of self -confidence in trade, China will be far greater than the United States, and the United States is also willing to bear the short -term pain that it brings to itself.
If a game changes from a cooperation game to a non -co -operating game, the United States will have the largest victory.Although the pressure in the United States is not the best result in China's minds, it is also stronger than other possible results, especially better than the long -lasting trade war.
The United States is dissatisfied with China in trade, and even if its allies are not completely affected, they are not too bad.Furthermore, China exports to Europe than exports to the United States.From this point of view, the European and American joint fronts look not only feasible but also, they can also obtain more bargaining chips and greater negotiation advantages.
For Europe, the attraction of the united front exceeds the high possibility of ensuring that China makes concessions.Regional integration has faced the European Union, which has faced severe challenges, and now has to be tired of dealing with China's various tactics.This is particularly obvious in the recent trip to Rome.Although the West generally feels worried about the implementation of the Belt and Road Initiative in other places, during the interview, Italy still agrees to participate in the Belt and Road to exchange for Chinese investment and loan commitments.
However, so far, the United States has not led the unified front based on common dissatisfaction and common interests, but has chosen a single battle.European aspects are worried that once the United States signed an agreement, it will force the European Union to make concessions in terms of car tariffs and other aspects, so they are not ready to start negotiations with China.
