Aug 02, 2022
In Welcome to the Forum
West, including most new types of countries and major developing countries, and confronts a single camp of China. Although the probability of this extreme situation is very low, even if it is to some extent. If the United States has established a democratic alliance to contain China, it will also be a disaster for China's economy. Because China's main international market is in the West. Once the economy suffers, employment and financial crises will follow, which will not only affect people's lives, but will also make other projects that enhance and expand. Beijing's power and international telemarketing list influence, including the PLA's weapons modernization, unable to proceed due to financial pressures, a knock-on effect. The result will eventually threaten the CCP’s rule. This is something that Beijing's top executives do not want to see. It must be planned and laid out early to establish an "immune" system for China's economy, so as to gradually reduce its dependence on the international market, especially the Western market. Dual circulation refers to the overall economy. In the process of establishing dual circulation, a major focus is to fill the loopholes in industrial and financial security and lack of core technology. Judging from the Sino-US trade war and the competition in the fields of technology and finance, although China has advantages in the whole industry chain, most industries are still in the middle and low end, while high-end industries and some strategic industries related to national defense, economic and financial security, China's poor capability of independent innovation is blocked by the United States. They are China's shortcomings, and Huawei is a clear example.