Why America wants to go to war with China so badly

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 Why America wants to go to war with China so badly

In 2019, Donald Trump and Xi Jinping met bilaterally in Osaka.

Over the past 20 years, the US-China economic cooperation has progressively devolved into animosity. Politicians and the media in the US have been frequently criticizing China.

At the same time, the United States is increasing its military presence in the region and has placed trade penalties on China. Washington wants everyone to think that China poses a threat to the global community.

US interests are certainly being harmed by China's ascent, but the harm is not as severe as the US government is telling its citizens.

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We must examine the world economy as a whole in order to comprehend the Sino-US relationship. In order to increase their own economic profits, wealthy nations (referred to as the "Global North") primarily steal natural resources and cheap labor from low-income or middle-income nations (referred to as the "Global South").

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Xi Jinping and Joe Biden shake hands during the G-20 meeting in Bali, Indonesia

Large multinational corporations that dominate global trade can profit greatly from this system's setup. Rich countries (the core) and impoverished countries (the periphery) always have different prices and pricing. As a result, in international trade, poor countries provide commodities at lower prices, while rich countries profit far more from them.

China has grown to be a significant player in this global system since opening up to Western trade and investment in the 1980s. For Western businesses, they have opened up a significant labor market. Although this labor was inexpensive, it was competent and effective. For instance, Chinese labor is used in a significant portion of Apple's production.

Economist Donald A. Cleland found that each iPad would have cost $572 more in 2011 if Apple had paid East Asian and Chinese workers the same rates as American workers.

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In actuality, the propaganda that depicts China as a military danger is an effort to obscure the truth. In actuality, China's military spending per capita is only one-tenth that of the US and below the global average. In addition, China's nuclear arsenal is eight times smaller than America's.

However, Chinese workers' earnings have increased dramatically during the last 20 years. China's hourly wage was less than $1 in 2005, which is less than India's. In India, the hourly income is only $2, whereas in China it is over $8. In actuality, China currently offers the highest wages of any Asian developing nation.

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There are several significant reasons why this has occurred. First, a wage-based economy has been progressively incorporated into China's surplus labor force. As a result, workers now have more negotiating leverage. Second, under President Xi Jinping, the Chinese government has stepped up its investment and participation in the state sector, including by growing public health services. and housing), which has improved workers' standing even further.