The trade war has not gone as U.S. policymakers expected—China has not given up easily. This overconfidence came from an inflated view of America’s market boom, which is merely a short-term “sugar high” produced by Republican tax cuts. A more serious misjudgment was underestimating China’s economic strength and national resolve.

While the current China-US trade war is undoubtedly hurting both economies, the conflict may prove beneficial Chinese society in the long sweep of history—the conflict may provide a catalyst to push forward a new model of Chinese reform and opening based on high standards.

Although the latest round of China-US trade talks has ended without agreement, the door to dialogue remains opens. Overall, the level of economic interdependence between the two sides’ makes imposing tariffs a self-defeating tactic — the Sino-US relationship is “too big to fail.”

Trade negotiations between the United States and China have broken down because the US government says the Chinese were walking back their agreement on matters that had previously been addressed. US negotiators and President Donald Trump were furious, and on May 10, Trump more than doubled US tariffs on $200 billion worth of imports from China. The lead Chinese negotiator, Liu He, told reporters that, because a final agreement was not reached, revisions were not “walked back,” a line that the US side does not seem to buy. The Chinese government has now retaliated, announcing that it will raise tariffs on $60 billion worth of US goods.

The U.S. military said it sent two Navy ships through the Taiwan Strait on Wednesday, a move likely to anger Beijing at a time of tense relations between the world’s two biggest economies.

On May 21, 2019, Ambassador Cui Tiankai had an interview with the Fox News's Bret Baier Special Report.

The move is also likely to inflame the tensions that have escalated in President Trump’s renewed trade war with Chinese leaders.

The recent crisis in Venezuela showed diverging Chinese and American attitudes towards global governance: China’s longstanding commitment to non-interference in other countries’ internal affairs, and rejection of military force as a tool of diplomacy; contrasted with the Trump administration’s response, that displayed America’s penchant for interventionism backed up by the US military.

While China’s Belt and Road Initiative offers a solution to problems that require international assistance to address, this is not Beijing’s altruism at work. The BRI is still a money-making investment and an opportunity for China to increase its connectivity throughout the globe.

Classified briefings show increasingly hawkish stance as trade war continues.