承认怕崩盘！美财长给中国灌“迷魂汤”，撕下伪装，暴露致命软肋

Group 1 - The core message from U.S. Treasury Secretary Yellen is that U.S.-China relations are in a "comfortable position," indicating a desire for fair competition without full decoupling [1][2][4] - Yellen's statements are viewed as a tactical move by the Trump administration to create a false sense of goodwill ahead of future high-level interactions, aiming to stabilize market expectations [4][6] - The U.S. is preparing for further confrontations with China, and Yellen's remarks serve to project an image of rationality and stability to the international community [6][11] Group 2 - Yellen's emphasis on "regaining sovereignty" in strategic industries like rare earths signals a shift towards a more aggressive stance, elevating the discussion from economic to political terms [14][16][20] - The term "de-risking" has been adopted by the Biden administration and continues under the Trump administration, indicating a strategic approach to U.S.-China economic relations [24][26] - The U.S. aims to reduce dependency on China in critical areas while maintaining cooperation in less significant sectors, blurring the lines between "de-risking" and "decoupling" [26][28][30] Group 3 - The Trump administration's approach allows for significant flexibility in defining what constitutes a "risk," potentially leading to arbitrary regulatory measures against China [30][32] - The current U.S. strategy appears to be one of maintaining the status quo while buying time for its industrial strategy, rather than seeking immediate escalation in trade disputes [32][34] - The Chinese response should be to remain firm and clear about its red lines, countering U.S. tactics with concrete measures [34]