Showing posts with label war with china. Show all posts
Showing posts with label war with china. Show all posts

Thursday, September 10, 2020

USA Vs China Economy Race

Currently USA may be ruling China in technology aspects but specialists alert the whole world about the rising economy of China. In company with trade dispute between USA and China, both countries spare no effort in dominating each other in latest technology, like 5G technology and Artificial Intelligence (AI).



On October 11th 2019, president trump declared that USA and China set foot on agreement for 1st stage of trade deal. In this deal China will agree on buying up to 50 billion dollars farm products of USA, and to consider more US commercial utility in Chinese market. Later on January 15th 2020, President trump and China's Vice Premier officially signed the 1st phase trade deal.

But now United States has started new round of trade war with China. This time President Trump is trying to become ambassador of Human Rights However, he has never shown any sympathy towards Palestinians, Yemenis, Syrians, Bamar and Kashmiris etc. Using the card of human rights violation would not work now as things are working differently in Twenty First Century. The step towards hampering free trade of US will face response soon from other sides. After the withdrawal from Iranian Nuclear deal, US faced criticism for not respecting International agreements. The step of banning Chinese products is clearing the ways for more condemnation as trade deal was signed between China and USA earlier this year.

USA Vs China Economy Race

Currently USA may be ruling China in technology aspects but specialists alert the whole world about the rising economy of China. In company ...