This US cold war of insecurity against China is still on. And as far as I am concerned, China is ahead of them . They should rather explore ways of working together.
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These two countries are trying to be the most powerful countries in the world so it is going to come with a lot of thingsI don't understand the rivalry between China and the United state of America and it is all about rivalry on power.
You are rightThe cols war betwen the United States and China is now turning economic. It is going to affect lots of businesses across the two countries. Most phones are assembled in China.
It is true that such kind of news is not new because the US and the Chinese are close rivalry.This is not new. US is fight the war of rivalry. It does not like the stiff competition it is facing in the hand of Chinese.
This action from US was a result of business rivalry. It has political undertone in it. Ever since China has been developing, US has been seen China as its rival and had been unsuccessfully taken measures to control China. Therefore, this attempt from Biden government is not strange to China.Biden govt in US is set to blacklist 30 PRC companies, this has increased trade tension between US and China.