It now appears that the United States is highly likely to fall into a prolonged stagflation quagmire, much like in the 1970s of the last century.

Some economists even believe that if the response is not timely, the U.S. economy could, in a worse-case scenario, experience a Great Depression similar to the late 1920s to the 1930s.

Finally, with France's visit to China, the Americans can no longer sit still and are eager to arrange high-level officials to visit China.

But can the United States get what they want?

01, Sino-French trade increased year-on-year

French President Macron's visit to China has led to increasingly deep and close trade and investment between China and France, as well as between China and Europe.

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China has placed an order worth 130 billion yuan for Airbus, and at the same time, Airbus has decided to open its second aircraft production line in our country.

The latest data also shows that trade between China and France has shown a significant year-on-year increase in the first quarter of this year, compared with the negative growth last year, indicating that trade between the two countries is fully recovering.

At the same time, more and more companies from other European countries are visiting China in groups. At the critical moment when the global economy is facing a recession, China's continuously recovering economic environment, low interest rates, and low inflation have a great attraction to global companies.

02, France's dissatisfaction with the United StatesRecently, the silent war between France and the United States is escalating.

Macron has called on Europe not to be too dependent on the United States, and Macron has also declared France's independence.

Moreover, Airbus has outperformed Boeing in the Chinese market, securing another $20 billion order, selling 160 aircraft in addition to building an aviation line in Tianjin, China.

The aviation cooperation between China and France is very good for our country's aviation industry, and it is a win-win situation for both countries, providing a boost for Chinese manufacturing to shift from mid-low-end to high-end.

In fact, France has been very dissatisfied with the United States for some time, and it is the sanctions instigated by the United States that have led to the inability of Russian energy to be smoothly supplied to Europe, causing France to also suffer from an energy crisis and incurring additional costs.

In addition, Biden's introduction of the Inflation Reduction Act, using high cash subsidies to poach European talents, has also angered France and Germany.

03, the United States may fall into recession

The situation in the United States itself is also very不理想, what is being done now may be just to divert the economic crisis.

At present, credit from U.S. banks is continuously tightening.

Of course, this is both a bad thing and a good thing for the U.S. economy. The good thing is that credit tightening can replace the role of interest rate hikes, thereby curbing inflation.However, with the contraction of credit scale, the economic development of the United States has gradually slowed down and is accelerating into an economic recession.

Due to the current economic recession, if interest rates continue to rise, it will exacerbate the economic predicament. In this regard, the Federal Reserve will need to be responsible to the people of the United States as a whole.

Therefore, some predict that if the Federal Reserve still raises interest rates in May, it will be the last time.

When no solution can be found internally, the United States naturally looks at the achievements made by France and hopes to gain benefits by visiting China.

04, the United States' abacus

However, with such tense Sino-American relations, what gives the United States confidence?

After Macron's visit to China, the United States quickly sent people to China for talks. Moreover, on trade cooperation, they repeatedly mentioned the cooperation between Boeing and China.

As early as the 1990s, Boeing and Airbus have been competing in the Chinese aviation market, but at that time, China was in a neutral position.

In recent years, due to the Sino-American trade war, China has reduced Boeing's market share in the domestic market. Furthermore, due to safety issues that Boeing itself had experienced, China also returned a large number of orders.

In the past three years, coupled with the impact of the epidemic, the domestic aviation industry did not develop well, so the market demand was not much, so Boeing's competition in the Chinese market has become smaller and smaller.However, Airbus has been thriving in the Chinese market, and by 2022, it had secured numerous orders from various airlines and even signed a procurement agreement with China Aviation Supplies Holding Company.

The United States remains envious of Airbus's growth in the Chinese market. Consequently, following President Macron's visit to China, the U.S. is eager to reciprocate with a visit of its own.

In fact, at the beginning of the year, U.S. Treasury Secretary Janet Yellen expressed her desire to visit China on multiple occasions, but her requests have yet to be acknowledged. The primary motivation behind these U.S. officials' visits to China is to encourage the country to purchase more U.S. Treasury bonds or to increase imports of American goods.

However, China is becoming increasingly sophisticated in its approach. Naturally, it has its own considerations and arrangements when it comes to such matters.