In contrast to the booming import market, some low-end manufacturing enterprises in China that focus on overseas markets are facing difficulties.

For a long time, these export companies have relied on squeezing employee wages and lowering unit prices to seize foreign markets.

However, this model is no longer viable.

In coastal China, a large manufacturing enterprise is undergoing this change.

This company has always relied on low-cost production and low-price sales to gain market share in the West.

But recently, they have found it increasingly difficult to recruit workers.

Previously, even a simple job posting would attract dozens of applicants.

Now, when the workers see the treatment offered by this company, they all leave without looking back!

For a time, China presented two completely different situations.

On the one hand, companies that had always relied on low-end processing and exporting goods began to go bankrupt one after another.

On the other hand, many high-tech companies participating in the Tiangong Kaiwu program began to emerge, bringing more job opportunities.

Between the opening and closing of this gate, China's industrial transformation and upgrading are proceeding imperceptibly!

However, this industrial upgrading in China has had a huge impact on Western countries, led by the United States.

They can no longer buy high-quality, inexpensive Chinese products.

For a long time, China, as the world's factory, has been providing these Western countries with a large number of inexpensive goods.

In fact, the Chinese government even subsidizes these export companies in order to create jobs.

This is tantamount to using the hard-earned money of domestic workers to subsidize people in Western countries, allowing them to spend recklessly.

Even so, these Western countries still frequently use the pretext of dumping to suppress China's export industries.

When China canceled subsidies for these low-end export enterprises, people in these Western countries realized that their comfortable lives had been built on the hard work of countless Chinese workers.

When these low-end manufacturing enterprises in China went bankrupt on a large scale, Western countries faced shortages of daily necessities and soaring prices.

Supermarkets across the country are seeing empty shelves, with even everyday items like toothpaste and toilet paper running out of stock.

The shortage of daily necessities on supermarket shelves is becoming increasingly serious, with shelves often being completely empty.

Even daily necessities such as toothpaste and toilet paper are becoming increasingly scarce.

With soaring prices, the quality of life for people in the West has declined sharply.

This angered the people, who took to the streets every day to protest, demanding that the government negotiate with China and continue importing affordable and high-quality daily necessities from China!

The US, the White House.

President Biden sat in his office chair, looking out the window at yet another massive demonstration, and rubbed his deeply furrowed brow in annoyance.

Over the past month, such scenes have become the norm at the White House, with protesters arriving in droves.

"Waves of protests against me have brought my approval rating to an all-time low. Do you have any good ideas?" He turned his chair around and asked his staff in the office with an angry expression.

Everyone present already knew the purpose of the president's summons, and they had all been devising their own plans in the past few days.

"Your Excellency, we can continue to distribute money."

"This approach won't work; issuing more money will only drive inflation higher!"

"I suggest printing more money to import low-end goods from China, while restricting the entry of high-value-added Chinese goods into the United States."

Biden was somewhat interested in the chief of staff's suggestion.

"Go on."

The chief of staff was delighted and said, "I have studied China's economy. Their low-end industrial products have very low profit margins, and in order to seize our market, they often engage in internal price suppression, resulting in extremely low prices for goods exported to our country."

"That's why I raised their tariffs—because they're dumping goods like that," Biden scoffed.

"President, I recommend lowering tariffs, importing large quantities of their low-end goods, and lifting the embargo on our high-tech products to China," the aide continued.

"Sir, do you know what you're saying? This will give my opponents even more reason to attack me!" Biden said, frowning and looking somewhat annoyed.

"Mr. President, please let me finish. Importing large quantities of their low-end goods can significantly reduce prices in our country."

The chief of staff confidently stated, "The employees of these Chinese companies that produce low-end goods are poorly paid, barely able to maintain a basic standard of living, and have no ability to engage in high-end consumption."

“Without consumption, their high-value-added products cannot be absorbed internally. If our allies are also prohibited from purchasing China’s high-tech products, China’s high-tech enterprises will face great difficulties.”

"With the relaxation of restrictions, our large-scale export of high-tech products has further squeezed the survival space of Chinese high-tech enterprises. Their products will have no market and will eventually have to shut down!"

"As long as we block the development path of China's high-tech enterprises, China will have no strength to compete with us and will be at our mercy!"

His words caught Biden's eye. He thought for a moment, looked around, and said, "What are your thoughts on this proposal?"

"I agree with the chief of staff's proposal; at the very least, it can solve the domestic price problem."

"We should give the chief of staff's suggestion a try!"

“I think this is a great idea.”

The other staff members all agreed, and Biden was swayed by their words. He stroked his chin and pondered for a few seconds before asking, "How confident are we?"

"Over 90%!" the chief of staff affirmed.

"Your Excellency, our allies are the most developed countries on Earth. If a high-tech product embargo is imposed, these Chinese high-tech companies will definitely not last a year; they will surely perish!"

Upon hearing this, Biden's face lit up with joy, and he excitedly slammed his hand on the table: "Very good, we'll proceed according to your suggestion!"

The senior aide's lips curled slightly, secretly pleased, "Finally, we've completed the task assigned by the bosses behind the scenes. Those guys don't care about national interests at all, they're just after China's huge market!"

He exchanged glances with several of his supporters, all seeing the same gleam in each other's eyes.

That's the gleam of money!

As Biden spoke, he stood up, his earlier gloom vanishing, his expression brightening.

With a wave of his hand, he issued an order exuding domineering power: "I hereby announce the lifting of all restrictions on everyday goods from China, the lifting of all export controls on high-tech products from China, and the implementation of a negative list. Chinese goods on the list are strictly prohibited from entering the markets of the United States and all its allies."

"Also, inform all the presidents of our allies that there will be a video conference in one hour!"

"Yes, Your Excellency President."