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In future, the USA will impose import duties of 100% on electric cars from China, exacerbating the bilateral trade dispute. This point clearly shows that the intense great power rivalry between the USA and China is continuing to escalate for the time being - with far-reaching consequences for the global economy.
The new superpower China has been challenging the "old hegemon" USA for some time now with its planned strategic orientation, particularly in global trade. In less than three decades, the People's Republic has become the dominant export country for numerous countries.
China's footprint in the global economy is therefore significantly larger - at least in terms of area - than that of the USA. In the "global South" in particular, China has now mostly replaced the USA as the most important trading partner. This development is likely to continue, as China's President Xi Jinping is extremely determined to form new strategic partnerships and alliances.
Comprehensive insights into China's long-term strategy are provided by the study "New World Order - Made in China", which analyzes the increasing great power conflict between the USA and China in detail.
The study can be downloaded in German from the download area of this page.
T +49 (0) 6172 916-3631
Rathausplatz 8 - 10
D-61348 Bad Homburg