US China Trade War: What you don't know

Entry of China in WTO in 2002 was decisive for both countries . At that time this was a mutual benefit : United States could buy cheap products coming from China at a low price, while China could strengthen its economic development. It was a win win situation for both. Moreover the Chinese were recycling their proceeds from exportations into Treasury bonds. The United states had also found a way to finance their deficit.

Silently and wisely , China began to reconstitute the « New Silk Road » that existed in the antics, meaning a considerable Chinese power in Asia. 

In that extent China has built many infrastructures in Asia, giving considerable amount of money to its neighbors to finance their infrastructure. But it was also a way to increase their dependency to China because China was often lending them the money, sometimes at a high level of interest rates.