China is competing with America for the lead

It seems that the results of the economic and trade war between China and the United States of America will be decided in favor of China. According to current global expectations, China will overtake the United States of America with an annual output of $28.6 trillion in 2030 (a trillion equals a thousand billion) compared to $26.5 trillion for the United States of America. This will turn the balance of power in the world upside down.

Like all global crises exacerbated by former US President Donald Trump, the crisis between China and the United States deepened, and tension escalated between the two countries, after years of push and pull between the two largest economic powers, when Trump decided to raise customs duties on Chinese imports by more than $200 billion. The Chinese response came by imposing customs duties on US products worth $110 billion, and this plan failed because the one who suffered from it was mainly the American citizen, and the US administration considered that China’s plan for 2025 constituted a direct threat to it, by targeting giant industries such as telecommunications and aviation. , technology, robotics, electric cars, pharmaceutical industries, and other important and sensitive industries. As a step indicative of American confusion and concern, the administration issued a decree targeting the Chinese phone giant Huawei, placing it on the list of companies prohibited from selling technology products without special permission.

The United States of America claimed that the Chinese plan for 2025 is based mainly on theft of American innovation and technology patents, explaining that the estimated losses from intellectual property theft by China range from 225 to 600 billion dollars annually.

There is a long talk about the features of the Chinese economic and trade war, but this article is an opportunity to shed light on some of the indications and expectations of this soft war, and its repercussions on our Arab and Palestinian reality. The world, economically and militarily, since World War II, will face the same fate as Britain, which was the empire on which the sun never sets, and its power shrank before the will of the peoples for freedom and independence. The defeat of the global system in which the United States is the only superpower has become imminent, and this was confirmed by Trump in one of his speeches, when he said, "Our currency is collapsing and soon the dollar will not be the global currency. It is an unprecedented defeat in 200 years, and this will distance us from our position as a power." bony".

Secondly, it seems that the expectations of the possibility of the transfer of economic weight from the west of the globe to the east of it (according to the designations of the West, which sees itself as the center of the universe) are realistic and correct expectations, especially after the unexpected strong blow, which confused the United States of America, and made it panic and panic from the Chinese dragon, When many countries recently announced their intention to use the Chinese yuan currency instead of the US dollar.

For example, the Kingdom of Saudi Arabia has shown its openness to pricing part of its oil in the yuan currency, and this year China announced that it is for the first time importing liquefied gas from the Emirates in yuan, which is what the former US advisor to Treasury Secretary Monica Crowley warned of, when she said: “If countries decide OPEC is like Saudi Arabia selling oil in other currencies, as this would mean the collapse of the American economic system and a major disaster.

The blows to the US economy came from all fronts and directions. Brazil, which is the largest economy in Latin America, its president, Lula da Silva, announced that his country would deal in yuan in its trade with China. As for Russia, in defiance of economic sanctions, it announced its support for the use of the Chinese yuan in calculations between Russia and the countries of Asia, Africa and Latin America. Recently, the BRICS countries announced their intention to establish a unified currency among the member states, and it will be announced at the expected summit next August in the presence of the leaders of the BRICS group, including Putin, and it is certainly a severe blow to the dollar as a currency of circulation and a global reserve without competition for decades.

The harshness of the American policy in dealing with the countries and peoples of the world has led to the growing role of China and its influence in changing the equations of the game in the global system, such as the Russian-Ukrainian war, China’s support and its successful initiative in achieving the Saudi-Iranian rapprochement, and taking positive steps to strengthen economic and diplomatic relations between Iran and the GCC countries. Gulf cooperation, and the start of talks to build a new regional security framework. This magnifies China's role more in regional issues in the Middle East, at the expense of the American role, which was and still is supportive of Israel's ambitions and aggression in the region.

On the other hand, the story of the Chinese renaissance, high will, and ambition to reach the top despite all the obstacles is an inspiring story for the world’s leaders and peoples. China, whose GDP did not exceed $361 billion in 1990, compared to the US output, which was six trillion at the time, has managed since In 2019, the difference in gross domestic product between it and the United States of America, which was seventeen times superior to it, was reduced to only one and a half times in 2018.

Although the world is looking forward to the year 2030, whether the Chinese dragon will overthrow the American eagle with a soft power strategy, or if there may be a third world war as the United States tries to protect its influence and interests in the world. And on all sides, whether the economic war or a third world war, the fear is that the oppressed countries and peoples who will pay the price of the global wars of crushing heads.

It is certain that the rise of China and the decline of US hegemony is in the interest of the peoples who have suffered from US hegemony and their absolute bias towards Israel, but benefiting from these transformations requires first and foremost the arrangement of the internal conditions of the peoples, including our Palestinian people.