As Trump’s tariffs become, analysts say China is better prepared than ever for a trade war with the USA

Hong Kong -The run of drums came out all with China this week, intended to take away evil spirits in a centuries -old tradition, while the Chinese welcome Lunar New Year. This year, the New Year is hoped that prosperity will be of greater importance, as China is installed in Trump 2.0.

“China hopes for the best and prepares for the worst,” said Dr. Henry Wang, an adviser to the Chinese government and the founder and president of the Cinema and Globalization Center, he told CBS News. He said that the officials in Beijing were deeply concerned about the rhetoric of President Trump on the trace of the campaign.

Mr. Trump endangeredBefore he assumes duty, impose tariffs up to 60% to all Chinese imports.

This did not happen, but it is expected that Tariffs of 10% will start on Saturday at all Chinese goods exported to the US – and Mr. Trump said it could only be a warning. In an interview last week, he called Tarife America “once great power over China”.

But Mr. Trump could face a very different economic competitor than he was the last time he called the White House.

Analysts say China now relies less on the US and far economically self -sufficient, dominating key industries like electric vehicles And the production of batteries that are powered by EV and so many other consumer devices, along with unmanned spacecraft and solar panels.

“You see absolute epic flourishing in the industry, because the reality is that China is probably more productive today than ever every economy,” analyst of research Louis-Vincent gave said CBS News. Said the second world’s largest economy is better now isolated for a trade war with the USA.

He also said the amazing news that Chinese Ai Company Deepseek matchIf they are not surpassed, American AI models have served to emphasize the fact that China no longer needs to be underestimated.

“The idea of ​​winning the Technology War with China for more than 10-20 years, when all the children who are dressed in the technology of the Chinese today,” he said, “is a madness.”

Trump officials, deputies and experts in cyber security have concern that Deepsek technology could represent a threat of national security to the US

No one in the offices of the company in China was willing to talk to CBS News.

Although China seems less sensitive to us strong armament than during the first term of Mr. Trump, the steep new tariffs would have harmed, analysts at Wall Street said.

Paul Ashworth, the main economist of North America in the capital economy, in the investor report noted that the US makes up only 7% of Cinema exports. This would give Beijing less space to retaliate from Canada or Mexico, which was threatened by 25% of tariffs from February 1, which are more important markets for US exporters.

The trade war with the US would also arrive while China faces the slowdown of economic growth, exerting additional pressure on Chinese leaders.

In the meantime, Chinese citizens hope for warmer relations with the US, but no one is under no illusions.

Asked if she believed that Mr. Trump would cooperate with China, a young woman on the ferry between the mainland and Hong Kong told CBS News that the American leader seemed to “put great importance on his interests.”

As prayers are offered across Asia for a year of snakes, many people in China know what is about.

Wang, an advisor for the Chinese government, said that if two global economic powers fail to determine their differences, “I think it will be very devastating for the world, not just the USA and China. The world doesn’t want to choose foreign.”

contributed to this report.