The trade war between the US and China will last a long time, the expert said

The trade war between the US and China will last a long time, the expert said

Hong Kong Currency Exchange Office. Archive photo

BEIJING, Sep 8 - RIA News. The trade war between China and the United States is actually a struggle for dominance in the world, none of them intend to give in, so the conflict will drag on for a long time, said Alexander Lukin, director of the Center for East Asian Studies and SCO of the Institute for International Studies of the Moscow State Institute of International Relations, RIA Novosti.

"I think that something can be solved temporarily and locally, but fundamentally, it will be a very long time, because it is a dispute for primacy between the two major powers, they will not concede. The United States is making its last attempt to delay the development of China as a real competitor. On the US side, this is a struggle to maintain its dominance in the world, and on the Chinese side, to take an equal place, "Lukin said on the sidelines of the international forum of civilizations of the Taihe analytical center.

According to him, the measures that the US is demanding from China mean for Beijing to actually put its economy under American control, "there should be, for example, a commission that will monitor whether China is carrying out reforms, this is about what they have at the end The 19th century, the British were in charge of customs, China will not understand this, because the Communists have been struggling with this all their lives. "

“We’ll see if China can cope, because it is extremely dependent on the United States, since the development model is export based on the use of American technologies, although they are now trying to develop their own,” the source said.

Lukin noted that smaller countries do not pose a political threat to the United States, "they are afraid that China, by creating industry and its own technologies, will also create advanced military technologies, which will pose a political and even military threat."

The attention of the entire world community is now riveted on the talks between the United States and China against the backdrop of the unfolding trade war between the two countries. US President Donald Trump believes that China has no choice but to negotiate with the United States on trade. He insists that Beijing really wants to agree on a deal as soon as possible, since the Chinese economy is suffering heavy losses. The American economy, in his opinion, only benefits from this.

The new mutual duties between the United States and China entered into force on September 1, the United States increased duties by 15% for another group of goods from China in the amount of 300 billion dollars. The Chinese side also responded by raising fees, protesting Washington, and initiating proceedings at the WTO.