[webinarian]

China has no hue on the many requests by Biden for phone talk with Xi Jinping. US Shuman visited Tianjin and received a list of items US needs to perform before talk can be started. One item is release of Meng.  

Why US so desperate for talks with China?  

1. Trump's 1st stage trade agreement with China is about to expire this year. After that there is no obligation for China to buy huge amount of agriculture products from US. US is to have a general election next year. Biden's Democratic Party popularity rate is falling and needs a lot of votes from farmers. So a new trade agreement is needed to win these votes.  

2. Those trade tariff imposed by Trump is not working to US benefits. The tariff is shared 90% by US importers and therefore US consumers. That is the cause for inflation in US now. China doesn't bother with US tariffs. Not only that China is even imposing new tariff on steel products exporting from China to US. Strange, right? Why self-impose tariffs on own products for export? China is actually exporting inflation to US. With steel price up, US will have to pay more for the ambitious infrastructure projects worth 1.9 trillion $. It ensures that US will pay a lot more for the infrastructure projects thus making the US inflation worse.  

3. US national debts are at US$ 28.5 trillion now. US needs China to buy more US treasury bonds to support US QE printing of $.

[kangtangman]

Not forgetting that US need to buy the rare mineral from China for their weapon manufacturing too.

[webinarian]

Not forgetting that US need to buy the rare mineral from China for their weapon manufacturing too.

True, but so far no action of sanction on rare earth.  

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[kangtangman]

True, but so far no action of sanction on rare earth.  

.

Well the American need these minerals therefore they will not sanction China on that.

[halya]

两份清单、三条底线！

[Galilo_l]

They have lost the plot in Afghanistan n potential 3 trillion worth of minerals n now pivot to China... so this wealth of natural resources waiting for China to fully exploit... so they r doing sum pr damage control?

[Yin yang]

Oct 15 is their D day...make or break for the entire govt machinery.

If shitdown, all their militaries will also shitdown

[Migrant]

Oct 15 is their D day...make or break for the entire govt machinery.

If shitdown, all their militaries will also shitdown

Heard extended to Dec.

[webinarian]

Well the American need these minerals therefore they will not sanction China on that.

What I mean is so far China doesn't use rare earth as a mean to sanction US.

[debono]

What I mean is so far China doesn't use rare earth as a mean to sanction US.

US and China is in the middle of a trade war, and anything can happen to make the other lose economically.....

[kangtangman]

What I mean is so far China doesn't use rare earth as a mean to sanction US.

Ah my bad.