free web page hit counter
34 C
Lahore
Sunday, May 12, 2024
Advertisment
HomeOpinionChina-US relations and trade rules

China-US relations and trade rules

- Advertisement -
- Advertisement -
Read Counter 0

China-US relations and trade rules

It is also a requirement of international trade ethics that each other’s interests should be taken care of in trade. Photo: File

US Secretary of State Anthony Blanken arrived in China’s capital Beijing on an important visit yesterday. In the context of the Russia-Ukraine conflict, Israel’s invasion of Gaza and the China-US trade standoff, the recent visit of the US Secretary of State to China is extremely important. US and Chinese media are also commenting on this visit.

Pakistani media has also published news in this regard. According to media reports, Chinese President Xi Jinping told US Secretary of State Anthony Blanken during the meeting that the world’s two largest economies should be partners, not rivals, but many issues in the relationship between these countries are still unresolved. The US Secretary of State met with Chinese President Xi Jinping at the Great Hall of the People in the Chinese capital, Beijing.

The Chinese president said that the two countries should be partners in global trade, not rivals. He added that there are still many issues that need to be resolved and there is still room for further efforts. He added that we hope that the US will also take a positive view of China’s development. Only when this fundamental issue is resolved can the relationship truly stabilize, improve and move forward. However, after the meeting with US President Joe Biden last year, there has definitely been an improvement in some matters.

Earlier, Chinese Foreign Minister Wang Yi warned US Secretary of State Anthony Blanken that US pressure could strain relations between the two countries as the US diplomat raised concerns about the Chinese government’s support for Russia, among other issues. What was expressed? Chinese Foreign Minister Wang Yi also warned that the Taiwan issue is the first red line that should not be crossed in China-US relations, but Anthony Blanken described the 5-hour long meeting with Wang Yi as comprehensive and constructive. was

According to reports, US Secretary of State Anthony Blanken has also met with leading Chinese politicians in the Chinese capital, Beijing. US State Department spokesman Matthew Miller said Anthony Blanken had raised concerns with Wang Yi about China’s support for Russia.

The tension between China and the US has been going on for a long time. Analysts monitoring international affairs are likening the US-China standoff to a new Cold War. Former US President Donald Trump had blamed China for the spread of the Corona virus during his presidency. In the same period, Chinese companies were banned in America.

The leadership of China also reacted very strongly to it and accused the United States of spreading the corona virus in the Chinese city of Wuhan while retaliating. Even under President Joe Biden, the trade war between China and the United States is going on.

At the same time, Russia attacked Ukraine, before and after this attack, there were strong differences between Russia and America, NATO countries and Great Britain also became part of the anti-Russian camp, sanctions were imposed on Russia, Russia’s President Putin also took countermeasures and started directly blaming the US. It was just then that the conflict between Israel and Hamas turned into a war.

The Israeli army invaded Gaza. In this scenario, the Chinese government supported Russia while opposing Israel’s move. China also condemned the Israeli attack on Iran’s Syrian consulate. In response, Iran launched a missile attack on Israel. In response, the United States has imposed more economic sanctions on Iran, while China has adopted a balanced policy in this regard.

Taiwan is a very sensitive issue for China. China’s leadership claims Taiwan as part of its territory and does not recognize Taiwan’s independent and sovereign status. The US and Western Europe support Taiwan’s independence, the US and Western Europe provide all kinds of support to the Taiwan government. The US has recently provided advanced military technology to Taiwan, which has been strongly protested by the Chinese government.

China’s foreign minister has also convinced Anthony Blanken that Taiwan is a red line for China and should not be crossed by any country. There are also border disputes between China and India. These disputes have also led to war between India and China, with tensions between border forces often coming to the fore. On the other hand, America and Europe stand with India. In the last ten years, the relationship between the US and India has advanced to a strategic level.

American and European companies are investing heavily in India, while Japanese companies are also investing in India. Investors from Saudi Arabia, UAE and Qatar are also investing billions of dollars in India. Thus India’s growth rate has increased significantly compared to the past. The size of India’s middle class has increased significantly, the education level is also continuously increasing. It is also being watched by the Chinese government as the Chinese leadership sees India’s growing trade volume and military power as a threat.

America and Western Europe are following their tried and tested strategy. The bottom line of this strategy is to use every tactic to maintain its economic supremacy over the world. Today, the capital of the world is monopolized by the United States, Israel, the European Union, and the United Kingdom. These are the countries that fund the UN financial institutions the most. For this reason, the international financial institutions adopt the policy that is compatible with the interests of its donors.

China has also adopted an alternative strategy in this regard. Under this strategy, China has created a financial institution called BRICS with the cooperation of India, South Africa, Brazil. This institution is very successful. The Chinese leadership is proceeding with great restraint and has so far succeeded in keeping itself out of global conflict. China has built its foreign policy on the principle of non-war.

During the meeting with the US Secretary of State Anthony Blanken, Chinese President Xi Jinping spoke very balanced and to the point. They have talked about partnership and clearly indicated not to be rivals. That is, China wants to avoid any kind of cold war from America. The top priority of the Chinese leadership is to protect capital and trade interests. The Chinese leadership does not want to go to war with any country, nor does it want to fight a proxy war in any country.

The Chinese leadership has given a positive message to America. It is also a requirement of international trade ethics that each other’s interests should be taken care of in trade. Fighting with each other weakens trade activities. The first principle of capital and commerce is peace and order. The more peace there is in the country, the more rational and enforceable the laws and regulations of the country, the accountability of the decision makers will be impartial, the capital will flow automatically in that country.

Businesses will grow, the government will not have to forcefully collect taxes, recreational activities will increase, tourism will increase. Thus the spread of the middle class will also increase, the spread of the educated skilled class will also be more, the GDP of the country will increase abnormally, while in the country where there is terrorism, white collar criminals will become heavy on the system. , the underworld will be arbitrary, the rules and regulations will be one-sided, the rules of accountability on the state and the top officials of the government will be vague or non-existent, in such a case the capital will flee the country to a peaceful destination. Will leave.

China-US relations and trade rules

- Advertisement -
RELATED ARTICLES
- Advertisment -
- Advertisment -

Latest News & Update

- Advertisment -

Recent Comments