$ELIZAOS $AIA $MET The U.S. has set countless traps—why hasn’t China fallen into a single one?

There’s a line widely attributed to Obama that really stings: The U.S. hasn’t been able to handle China not because China’s military is so powerful, but because China simply hasn’t taken the bait. Whether it’s true or not, the logic is worth thinking about.

Back when it was dealing with the Soviet Union, the U.S. used a whole series of moves: it dangled the Star Wars program to trick the Soviets into spending big, drove oil prices down to cut off their revenue, then wielded “democracy and freedom” as a soft weapon. With pressure from both within and without, the mighty superpower suddenly fell apart.

The U.S. hasn’t held back when it comes to China, either. It holds military exercises around China and hypes up the threat, hoping to push us into an arms race. It promotes wholesale privatization and market liberalization, hoping to lock China into the low end of the value chain. The trade war and chip restrictions—every move aimed at a vital spot.

But China simply refuses to follow its script. Our defense is capable and fit for purpose; we don’t compete with anyone for its own sake. You can do what you like to the economy—I’ll open up new markets and strengthen our fundamentals. If chips are used to choke us, we’ll make our own. New energy, solar power, and high-speed rail have instead emerged as winners.

In the end, the U.S. has just one playbook for its traps: drag you into its rules and use its advantages to wear you down. China’s greatest strength is its strategic composure: you do your thing, and I’ll do mine.

In great-power rivalry, it’s not about who can shout the loudest, but who can keep their cool. Taking care of our own affairs, steadily and diligently, is stronger than any trick. #奥巴马 #美联储纪要聚焦10月暂停加息 #币安推出BinanceIntelligence