Agree that that’s what the article wants you to think.
But every action they have taken so far suggests they are in it to win it—not to back off.
But how can they win? America by far has the largest economy on the planet. The United States of America purchases 31% of the entire world output of goods and service. This is something that you can look up, just Google it.
Everything that we buy from China can be bought from another country albeit possibly for a few cents more but so what? If the plan is to bring China to the table by imposing restrictions on the ability to sell their products then that’s what we do. There’s no question that they have stolen technology.
What does China do with the items produced and sold to us if we stop buying them? Answer simple it will be forced to sell them at a steeply discounted price just to get them out of China. The alternative would be to shut down production in part which will turn the Chinese economy upside down. They’re already having trouble with their economy and you know this if you’re following it on the news.
We hold all the cards in this game. China may be in the fight to win but they won’t because they need us a lot more than we need them.
Evonomics 101.