Abstract
The US economic and trade war against China largely escalated in 2018–2019. The conflict is unlikely to be resolved in the near future, while this would be economically beneficial for both parties. Beijing has been carefully avoiding the escalation of emerging US-China bipolarity into confrontation, relying on cooperation with large American business enterprises and using numerous foreign policy failures of the Trump administration. Nevertheless, in the spring and summer of 2019, the United States continued to increase pressure on China. The fundamental confrontation between the two powers affects not only the business interests of both countries, but also a wide range of issues that go far beyond bilateral relations.
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