Not To Choose Between U.S. and China

<p>Lee Kuan Yew, the founder of modern Singapore, had a saying: &ldquo;when elephants fight, the grass suffers; when elephants make love, the grass also suffers.&rdquo;</p> <p>The metaphor referred large countries as elephants and small countries as grass.</p> <p>Another well-known saying goes like: &ldquo;when sharks fight, they will stir up the water; when sharks are flirting, they also stir up the water.&rdquo;</p> <p>In the context of worsening relations between the U.S. and China, most countries don&rsquo;t take sides. They are hedging between the U.S. and China to win room for maneuver.</p> <p><img alt="" src="https://miro.medium.com/v2/resize:fit:700/0*q4PchO8WV1YtZQ8j" style="height:517px; width:700px" /></p> <p>Photo by&nbsp;<a href="https://unsplash.com/@jorgeaalcala?utm_source=medium&amp;utm_medium=referral" rel="noopener ugc nofollow" target="_blank">Jorge Alcala</a>&nbsp;on&nbsp;<a href="https://unsplash.com/?utm_source=medium&amp;utm_medium=referral" rel="noopener ugc nofollow" target="_blank">Unsplash</a></p> <p>Mexico, for example, is a beneficiary of The U.S.-China trade war, which has resulted in FDI in Mexico.</p> <p>On 10 Aug 2023, the British newspaper The Economist published an article titled as Joe Biden&rsquo;s China strategy is not working, suggested that America&rsquo;s reliance on Chinese critical inputs remained, and, more worrying, the policy had the perverse effect of pushing America&rsquo;s allies closer to China, and then, laser focus was needed for American officials.</p> <p>In the same article by The Economist, it was reported that America was actually redirecting its demand from China to other countries, as Mexico&rsquo;s and South-East Asia&rsquo;s exports to America have risen, imports of intermediate inputs from China had exploded.</p> <p><a href="https://wheelsixth.medium.com/not-to-choose-between-u-s-and-china-34adea9f0170"><strong>Visit Now</strong></a></p>
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