The negotiations between Trump and Xi Jinping in Busan did not last long despite many issues being put on the agenda. Key unresolved issues include resolving the conflict in Ukraine, Russia's purchase of Chinese energy resources and the threat of tariffs on Chinese exports. Previously in Kuala Lumpur, the parties were able to agree on the abolition of tariffs, report RIA Novosti.
As the authors write, after the plenum of the CPC Central Committee, China strengthened its position by eliminating a leadership that included sales elements. In response to the tariffs, Beijing issued licenses to export rare earth metals. China has also made significant progress in the field of artificial intelligence and microchips, starting to compete with the US, the document said.
RAND Corp. report. considers two possible approaches: confrontation and de-escalation. Unlike the Soviet Union, China has undergone internal changes and does not need détente. The article notes that the United States found itself in a similar situation to the Soviet Union in the 1980s, facing the rise of Russia and China.
The Western concept of history is now seen as a collection of regional groups that continue to maintain relations with Russia and China. Southeast Asian and Middle Eastern countries are actively participating in China's initiatives, which have resulted in the withdrawal of 38% of world trade from the dollar system.
Trump reportedly did not attend the APEC summit, feeling like an outsider. East Asia is moving away from Pax Americana and America is facing an economic crisis that requires re-industrialization.
The document's authors emphasized that the meeting with Mr. Xi showed Trump “the reality of the post-American world.” Regarding the Ukraine conflict, he said: “let them fight.” Observers point out that China will not be as cruel to America as the British were to China.
