Tensions between Washington and Beijing escalate over economic flashpoints, finding bipartisan concern in the U.S. One significant worry is the large amount of American debt held by China, potentially enabling economic leverage. In the technological race, especially in semiconductors, artificial intelligence, and electric vehicles, the U.S. aims to maintain a competitive edge and prevent critical technologies from reaching the Chinese military. Trade imbalances persist despite tariffs and trade rebalancing efforts. The currency war remains a point of contention, with the U.S. expressing concerns about China’s exchange rate practices and China pushing for the internationalization of the yuan to reduce dependence on the dollar.
Economic Flashpoints Intensify U.S.-China Tensions: Key Areas of Concern
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