China will gradually make up for the mid-to-high-end manufacturing capabilities, and the United States will also gradually make up for the mid-to-low-end manufacturing capabilities. This may be a big trend.
If this trend is true, WTO basically has no chance of turning around. It should end in vain. This is also the general background for China to propose economic dual circulation.
So there may be a change in the future. In fact, there are two main places where China's territory actually joins free trade in terms of its territory, one is the Pearl River Delta and the other is the Yangtze River Delta . These two areas are under pressure to transform. The Midwest has a chance to lead the way.
Now we notice that for EU , it is not just Brexit . Even Germany and France are quietly distanced from the EU's position. This is also a subtle gesture. Because once the WTO ends in failure, international trade is no longer a free lunch. Bilateral relations have become important.
The EU is obviously dominated by the United States. If you follow the EU, you may have to join the US trade system and lose China's trade opportunities. Other EU countries may not be very clear about this, but Britain, Germany and France can see much further than them.
So in the future, the EU will become a follower of the United States, and several major European countries will develop economic and technological cooperation with China alone. It can be seen that it will be much more difficult to stand on the fence between China and the United States in the future.
Recently, the United States has set up a chip club, which should be a test of the decoupling between China and the United States. At present, China and the United States have suffered a lot of losses, but what they are most afraid of are those companies sandwiched in the middle, because in fact, they are the only ones who were cheated in this matter in the end. China is indeed a little behind now, but this supplement is not that difficult. Once
is supplemented, the United States will be fine, so it will be treated as a tuition fee, and they will be finished. So these companies are actually very anxious now, so we see that on the one hand, there are more and more restrictions on China's chip industry. On the other hand, TSMC is also going to build factories in China, and Dutch Alsm is also trying to find ways to sell equipment to China. They are really anxious.
In fact, China's development of mid-to-high-end manufacturing is generally very offensive, because many so-called developed countries are only relying on a few mid-to-high-end manufacturing. China has only been working on , AVIC in just a few years. After China was created, Rolls-Royce will basically be dead. In another year or two, even if Ukraine gives Motor Sich to China for free, China will not want it.
Because buying it in China is mainly about saving trouble and time. So, basically, every time China replaces a mid-to-high-end technology, foreign countries basically have to die. This is what European countries fear the most.
Some people can’t understand it and think that China cannot offend Europe. Actually, I'm superficial. The more this time, the more it can inspire Europe to dance. To deal with the United States, they have to be said to be the most experienced.
