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The U.S.-China Trade War And Global Economic Dominance

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U.S. President Donald Trump speaks to reporters after a phone conversation with Mexico’s President Enrique Pena Nieto on trade in the Oval Office of the White House in Washington, DC on August 27, 2018. President Trump said Monday the U.S. had reached a “really good deal” with Mexico and talks with Canada would begin shortly on a new regional free trade pact. (Photo: Mandel Ngan/AFP/Getty Images)

Why is U.S. President Donald Trump willing to negotiate and compromise with Mexico and the EU on trade, and not China? The answer, in short, is that Trump’s dispute with China is more than just America’s trade deficit. It is a head-to-head struggle between an incumbent superpower and a rising challenger, fueled by a deep conviction among the White House’s economic policy team that America’s problem with China is not just the trade deficit, but China’s very economic structure itself, which disadvantages foreigners not only in trade, but also in investing and operating in China, and distorting business competition in favor of Chinese companies.

In Trump’s crosshairs is the Made in China 2025 initiative, announced in 2015 aiming to upgrade comprehensively within a decade China’s industrial production, especially in manufacturing, to be among the best in the world. It is therefore being seen increasingly in the U.S. as a direct challenge to its global economic dominance. In fact, the Council on Foreign Relations, a U.S. policy think tank, stated in 2018 that “[Made in China 2025] is a real existential threat to U.S. technological leadership.”

China is indeed snapping at the heels of the U.S. in closing the technology gap. According to the UNIDO Competitive Industrial Performance Database, the share of exports that can be considered medium/high tech in 2016 is 63% for the U.S. and 58% for China. This is getting uncomfortably close for the U.S. China clearly has come a long way from the days of exporting low-tech, labor-intensive exports like garments and shoes.

Consequently, Trump’s trade war with China is really about blocking, or at least slowing down, China’s technology upgrade and its expanding global economic influence. Chinese investment in the tech sector in the U.S. has come under tougher scrutiny, and American government agencies are put on high alert against Chinese efforts in industrial espionage. The clause of protecting national security in the U.S. Trade Act of 1974 is increasingly invoked to impose new tariffs on Chinese imports and to curtail China’s business mergers and acquisitions in the U.S.

However, the tactics with which the Trump trade war is being fought to block China’s technological advances will fail. Trump and his economic advisers are stuck in the old paradigm of industrial production where trade and industry secrets are recorded in design blue prints, instructions and protocols that are locked up in a safe. In today’s modern economic production, the more complicated and high value-added the task, the more important is tacit knowledge, or knowhow, which resides only in people’s brains, especially in knowledge and capital intensive industries like banking and finance, biotechnology, aerospace, nanotechnology and artificial intelligence.

Knowhow is everything that we need to know but find hard to explain. Skiing is a knowhow. We learn how to ski by skiing with good skiers, not by studying the physics of skiing. The only way to acquire knowhow is to have the opportunity of working alongside people who already have such knowhow. In this connection, as Trump’s trade war makes it increasingly difficult for American businesses to export to China, they will need to move more of their operations to China to produce locally in order to sell their goods and services in one of the fastest growing consumer markets in the world. And that means more American brains with high grade technical and management knowhow will be spending more time in China, offering more opportunities for their Chinese colleagues and employees to work alongside them to acquire their knowhow.

In 2017, the value of products that American companies made and sold in China was estimated at $250 billion, about double that of U.S. exports to China, according to the IMF Direction of Trade Statistics  This is a consumer market that is growing at 14% a year, about four times faster than the U.S. In the next few years, it is set to bypass the U.S. to become the world’s largest consumer market. This is not a market that global companies can ignore. If the only way to sell more in this market is to move more production there because of Trump’s trade war, that’s what global companies will do. And that in turn means creating a great deal more opportunities for China to acquire valuable American knowhow that is critical to upgrading China’s technology, helping Made in China 2025 to succeed.

The only way for President Trump to stop China from acquiring American technological knowhow is to bar all Americans traveling to and working in China. This is not going to happen. His trade war is making it more necessary for more American brains with the knowhow that China needs to spend time in China. We are conditioned to think only that leadership is critical for countries to rise and succeed. The fact of the matter is that leadership is equally important for countries to fail and decline. President Trump will be seen in history as a pivotal leader that seriously undermined America in its struggle against China for global economic dominance.

Hi. I am Muhammad Mubeen Hassan. I am SEO Expat and Wordpress Websites Developer &  Blogger. 30 years old. I help entrepreneurs become go-to in their industry. And, I like helping the next one in line. You can follow my journey on my blog, for list Click Here If you need any post so you can email me on my this Email: mubeenh782@gmail.com  

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Entrepreneurship

Ryan Mathie, CEO of High-Performing Coach, Shares His Journey on Building a Purposeful Coaching Business and Providing Real Value

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In the world today, many people have the skill and the dedication required to coach others to greatness, but they, too, struggle when meeting their own limits and challenges around knowing how to bring their message to the world, how to build a profitable business, and often end up in doubt about their readiness, whether they are good enough, or if it’s even possible for them. 

To help these budding coaches build the required confidence to help their clients reach a breakthrough, create massive profitability, improve the efficiency of their products, and scale their businesses to six figures and above, High-Performing Coach, led by personal and professional development expert Ryan Mathie, has cracked the code on client acquisition and is helping these coaches serve the clients they love and build a thriving online business.

High-Performing Coach is a coaching business dedicated to helping coaches overcome their limiting beliefs and reach massive success in their professional pursuits by aligning them with the most effective business coaching available to drive motivated clients to their online business. High-Performing Coach employs a tested and proven success system that ensures that every coach and their business is prioritized and treated as essential without building fancy websites, sales funnels or paying thousands of dollars a month for ads to launch and sustain a successful coaching business.

At the company’s helm is co-founder and CEO Ryan Mathie, a personal and professional development expert hailing from the small town of Bellshill in North Lanarkshire, Scotland. At the age of 20, Ryan began his entrepreneurial pursuit when he moved from his hometown in Scotland to London, where he lived for 18 years. He then briefly relocated to the US before finally moving to the island and paradise of Madeira, Portugal, with his loving partner and her two beautiful children, to which he is their stepfather. 

Ryan’s personal and professional mastery was developed over the last twelve years after experiencing a profound transformation while walking through the streets of Bethnal Green, London.

This experience changed his life and left him with a desire to share all he has learned over the past decades with everyone else. He went on to work with one of the world’s leading organizations in personal development and growth as a senior coach, program leader, and staff member.

The next stage of his journey was inspired by a life of more impact and more freedom on his own terms and he put his thoughts and desire to action, and started coaching at $50 per hour.

With a bigger vision pulling him and a willingness to believe that he could create something extraordinary, he sought out and worked closely with some of the most forwarding thinking personal and business experts in the world such as Rich Litvin, Daniel Priestley, and Shanda Sumpter and went on a journey that took him to building a seven-figure coaching business as the CEO/co-founder of High-Performing Coach alongside, Maxwell Nee, Adrian Shiel, and Tina Brigley.

He created the training process and coined the phrase “Unshakable Belief,” the HPC Method which he named “The 5 Essential Elements to Creating a High-Fee Coaching Business and the Breakthrough Process,” which is showing his clients how to coach more powerfully than ever before, leaving their clients saying yes! Furthermore, he helps couples reach new depths in their relationships through Heart Power, a new company that he co-founded in 2021 with his fiancé, Olesea Rusu.

Over the years, Ryan has worked and continues to work with, be mentored by, and coached by some of the industry’s most progressive, transformational, and forward-thinking coaches and leaders. He has garnered over 17,000 hours of experience over a decade and has coached thousands of people worldwide, including multimillionaires, CEOs, actors, artists, and athletes.

His peers regard Ryan Mathie as one of the most highly trained, experienced, and best coaches globally. When asked what drives him, he responds with, “My growth and giving away all that I  learn to any who are open to it.”

Ryan is on a mission to help purpose-driven entrepreneurs take the lid off their earning potential by helping them take the limits off themselves.

This revolutionary leader continuously develops himself through breaking through his own personal limits and professional challenges. In those rare moments he is not causing breakthroughs, in his leisure, he loves talking for hours about things that matter. Moreover, he loves all kinds of dogs, running up and down mountains, playing golf, recycling, meditating, and being on time.

To learn more about Ryan Mathie and High-Performing Coach, visit the company’s official website. You can also stay updated with him on social media and check out his LinkedIn, Instagram, and YouTube.

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