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It has been more than 400 days since the tax war raged, inflicting damage on China and the United States. Led by Washington, which is now fiercely responding to Chinese stiffening, it threatens to derail the global economy by the cascading constraints it imposes on trade flows and supply chains.
By raising the analysis of a floor we can see that this clash of commercial stubbornness is only a symptom of the global strategic rivalry between Beijing and Washington.
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On August 21, the quarrel took a burlesque turn with a series of "Tweet" by D. Trump that targeted both US companies relocated to China, the Federal Reserve Chairman Jerome Powell, made responsible for the woes of the economy and, more generally, Sino-US relations themselves.
The three most toxic "tweets", clearly targeting his electoral base, were the one where he questioned "the biggest enemy of the United States": "President Xi Jinping or Powell? ";
The one where he denied the Sino-American interdependence, all the same at work with ups and downs for more than 30 years: "Frankly we do not need China and we carry much better without it";
And finally, the out-of-ground injunction directed at US investors to leave China: "We are ordering our major American companies to seek an alternative to China without delay, in particular by repatriating their production to the United States."
TESLA's audacity defies Trump's protectionism.
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We measure the extravagant and offbeat nature of summation in a liberal economy, if we remember that the Tesla group, domiciled in Palo Alto in Silicon Valley whose CEO is the engineer and entrepreneur of South African origin Elon Musk, tied by his business to NASA via SpaceX, is creating in Shanghai a giant factory of electric cars.
With a production target of 250,000 cars per year in 2020, the project is part of a global plan for "Gigafactories" – factories of electric cars and / or batteries installed in Nevada, New York and New York. in Europe (Germany or the Netherlands) comes out of the ground in the suburbs of Shanghai, in Lingang, south of Pudong, facing the bay of Hangzhou on a plot of nearly 9 hectares.
The funding structure still hesitant considering the cash problems of the group and the size of the sums involved would be, according to Elon Musk himself, 2 Mds of loans granted by Chinese banks. It is impossible to imagine a more blatant contrast between the ongoing entrepreneurial and financial internationalization of the US group Tesla and the plan to relocate the White House.
Contrast also between Trump's improbable fading disconnect with China and the Sino-US industrial and financial interweaving that is emerging in Shanghai.
For good measure, the Iconoclast President engaged in a battle of words and retaliation of the tactics that both dismisses Beijing and seasoned diplomats accustomed to more discretion, "ordered" the American champions of online sales and fast delivery Fed Ex, Amazon and UPS to stop any delivery of Fentanyl to China.
The punitive measure targeted a seemingly unfulfilled promise of the Chinese leadership, which last December, had the voice of the MAE, Wang Yi, promised to declare illegal and better control this powerful opioid belonging to the family of the heroine. Off-patent in China and illegally diverted, he is responsible for many overdose deaths in the United States where he is abused as a drug or painkiller.
Last December Francis Danjou had mentioned this controversy in a more general article which foresaw a hysterical skid of the quarrel. Here we are. Read: At G.20, Washington grants Beijing a 90-day armistice.
The felted weighting of diplomats, which in their form leaves room for compromise, has given way to a fierce battle of egos and nationalism, where Chinese social networks are called to the rescue, insulted and avenged radicalism. .
In the United States, while the unconditional electoral base of Trump considers without any nuance China, having so far benefited from too many largesse, like the scapegoat of all the American setbacks, it is today almost all of the political class which expresses a mistrust of Beijing, despite a recent development of the movement of sinologists. https://www.questionchine.net/polemiques-a-washington-a-propos-de-la-politique-chinoise-de-trump
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