40-year Anniversary of Taiwan Relations Act Adopted by USA
The global rivalry between the two world powers (the USA and the PRC) is multi-faceted in nature. But recently, it has manifested itself especially acutely and most noticeably in the sphere of bilateral trade.
The frenzy created by global media outlets about this subject within the context of the Sino–US relations is understandable, as the state of world economy will, to a great extent, depend on the direction the trade war between the United States and China will take.
