The US could be trying to decouple its economy from China to serve geopolitical goals

[Bill]

Kishore MahbubaniKishore Mahbubani
Kishore Mahbubani
The United States
’ ultimate goal in its trade war
with China
may be to prevent its emerging rival from overtaking it as the world’s greatest economic power – and hence secure its leading position in the current world order, a former Singapore
diplomat has said.
Kishore Mahbubani, who was Singapore’s permanent representative to the United Nations
and also the president of the UN Security Council, told the This Week in Asia that political imperatives lie at the centre of what it appears to be a “trade” conflict between the world’s two largest economies.




“I think it’s now becoming clear that it’s not just a trade war … If it was purely a trade war, and if the US’ goal was to only reduce trade deficits with China, I think that problem could have been solved easily, because clearly China wants to have a constructive relationship with the US,” said Mahbubani, who is now a distinguished fellow of the Asia Research Institute at the National University of Singapore.

“But as you know, [the US] is not very clear on what America’s goal is … If the goal is to decouple the two economies, it becomes a very different game.” ​

more @ source

 

[Jack]

Just my opinion, I think the US is frustrated with China stealing all the Intellectual Property.
There's a billion Consumers there, so the US certainly wants to Trade with them.

 

[Gonzomin]

There is no way to do that. It is many, many American corporations that moved to China for cheap unprotected workers and no environmental regulations. https://www.jiesworld.com/international_corporations_in_china.htm The owners took our companies there for short term profits giving China access to all that we had developed in over a century.
The future of sales is in China too. They have a billion consumers who have not experienced all that American companies want to sell them. They are buying lots now and will buy a lot more. Eventually, America will not be the biggest market. We will not build it and not have the purchasing power either.
They have the factories now. In WW2 we were the arsenal of democracy building incredible amounts of war machinery. Now China has the factories. Can you imagine a war with them?
Our ownership society has made themselves super-wealthy,but it is America that is paying the price.

 

[Bill]

There is no way to do that. It is many, many American corporations that moved to China for cheap unprotected workers and no environmental regulations. https://www.jiesworld.com/international_corporations_in_china.htm The owners took our companies there for short term profits giving China access to all that we had developed in over a century.
The future of sales is in China too. They have a billion consumers who have not experienced all that American companies want to sell them. They are buying lots now and will buy a lot more. Eventually, America will not be the biggest market. We will not build it and not have the purchasing power either.
They have the factories now. In WW2 we were the arsenal of democracy building incredible amounts of war machinery. Now China has the factories. Can you imagine a war with them?
Our ownership society has made themselves super-wealthy,but it is America that is paying the price.

Unfortunately I agree w/ your cynicism..

Selling to that billion isn't a panacea either- The businesses there are government owned/controlled in part or whole so it is like coke vendors offering pepsi products to their customer base..

They allow Goggle, FaceBook, Ebay, Amazon etc in, or not & just create their own-steal the idea out right then stifle/hinder/block & outright ban those companies from competing w/ the home grow/chinese copy allowed to access that billion... (flourishing regardless if it is inferior)

Decoupling won't stop that....... Only innovation can compete w/ it....... By the time they steal it & set up, consumers have moved on to your new & exciting product/upgrade etc etc etc.....

Stealing is much faster, cheaper w/ some products (non-tech) partly do to the process, court costs, patent licensing etc etc etc- which isn't much of a hindrance in china