Group 1 - The U.S. Senate has submitted a bill targeting China, accusing it of aiding Russia's military actions, which could lead to severe financial sanctions [3][5] - The proposed sanctions include freezing Chinese assets in the U.S., which could devastate Chinese companies and individuals with assets in America [3][6] - Financial sanctions are more damaging than tariffs as they directly cut off funding flows, posing a greater threat to the economy [5] Group 2 - If China is excluded from the SWIFT system, it would severely impact cross-border transactions and international trade [6] - China holds over $750 billion in U.S. Treasury bonds, and selling these could devalue the dollar and exacerbate inflation in the U.S. [8] - China's control over 90% of global rare earth exports could significantly affect U.S. military production, particularly for advanced weaponry [10] Group 3 - China has advantages in technology sectors such as semiconductors and 5G, which could be leveraged as countermeasures against U.S. sanctions [11] - A financial war initiated by the U.S. could lead to mutual destruction, as seen in previous trade conflicts, and could accelerate the global de-dollarization trend [13] - The ongoing economic globalization suggests that cooperation between the U.S. and China is more beneficial than conflict, despite rising tensions [13][15]