Core Viewpoint - The news highlights the contrasting strategic considerations of the U.S. and China in the context of their economic negotiations, with the U.S. focusing on short-term gains while China aims for long-term development [2][21]. Group 1: U.S. Strategic Interests - U.S. Treasury Secretary Mnuchin emphasized the favorable aspects of the agreement for the U.S., particularly regarding tariffs, which were initially set to increase by 100% on Chinese goods but are now temporarily shelved due to domestic economic pressures [4][18]. - The U.S. is heavily reliant on Chinese rare earth materials for its high-tech and military industries, necessitating negotiations for a delay in export controls imposed by China [6][18]. - The U.S. agricultural sector, particularly soybean farmers, is under pressure due to a significant drop in Chinese purchases, prompting the U.S. to seek increased soybean exports to stabilize domestic support [6][10]. Group 2: China's Strategic Interests - China is focused on reducing tariffs, aiming to lower the average tariff rate to below 25%, which is essential for the survival and growth of its export enterprises [10][21]. - China seeks the removal of sanctions on over 700 Chinese companies, advocating for a verification process instead of outright bans to facilitate international business expansion [12][21]. - In the high-tech sector, China aims to secure the continued operation of existing equipment, such as lithography machines, while it develops domestic alternatives, indicating a long-term vision for self-sufficiency [12][21]. Group 3: Negotiation Dynamics - The negotiations represent a time-based game, with China demonstrating greater resilience and a long-term strategy compared to the U.S.'s short-term focus, which is increasingly leading to domestic pressures [16][19]. - The U.S. is facing rising inflation, supply chain instability, and dissatisfaction among agricultural states, which could hinder its ability to engage in prolonged negotiations [18][21]. - China's approach appears more methodical, allowing it to maintain strategic stability while the U.S. may make hasty decisions driven by immediate concerns [19][21].

股神清仓比亚迪，被热热闹闹的解读成了巴菲特不爱比亚迪了。 要我说，现在的巴菲特确实不爱现在的比亚迪了。其实，华尔街之狼的嗜好一直没有变化，但而今的比亚迪早已今非昔比。 要是爱，为什么股神旗下的伯克希尔要清仓比亚迪的股票投资呢？！ 2008年，比亚迪是全世界最优的新能源潜力股，没有几个人看得见。但是，人家芒格、巴菲特团队次第发现了，在查理·芒格建议下以2.3亿美 元购入2.25亿股比亚迪股份，17年持股期间股价上涨约3890%。 毕竟，17年投资比亚迪，股神的履历本上，又增加了一个约39倍投资收益率的疯狂成功案例。 但凡了解股神及其公司伯克希尔的商业模式和盈利模式的人，都不会大惊小怪他们清仓比亚迪的做法。 股神不在意要投资的公司及其股票"值多少"，而在意于这个公司股票能帮他们"赚多少"。 也就是说，对他们而言，绝对值多少，没有相对赚了多少更值钱。起起伏伏的净增长空间，才是他们的最爱和心头好。 而且，对于他们而言，短期利益越爆发越好，日子拖的越长越不好。 毕竟，巴菲特及其伯克希尔手头上的资金再是巨资，但也是有限资金。所以，他们就必须在全球范围内筛选最符合他们有限资金最佳选择 的"最具有增长性"的投资对象。 弄清楚 ...