The signing of this agreement may well end the delisting crisis facing U.S.-listed Chinese companies. This agreement is set to lay the groundwork for further cooperation in this regard. It also reveals the truth that only cooperation can bring win-win results.
The U.S. has attempted to further decouple from China and the global chip industry by enacting the CHIPS Act. Its semiconductor industry and the American economy, as a result, will decline in the same way as Biden’s approval ratings.
The irreversible trend of globalization continues to flourish despite the current geopolitical twists and turns. People’s call for a better life can only be met through cooperation instead of isolation and confrontation.
For the United States, China’s ‘rise’ is viewed as a threat to ‘U.S. hegemony,’ but in the eyes of the world, it is viewed as a country that has pulled 800 million people out of poverty, promising great hope for humanity.
Pelosi has hurt Chinese people’s feelings and insulted their aspirations of national reunification. History will never forgive her for destroying peace across the Taiwan Strait.