More than two centuries ago, high quality Chinese goods were in heavy demand. Back then, the goods were porcelain, silk and tea, which the peoples of North America and Western Europe were unable to produce. Gold and especially silver flowed into China, including most of the stuff extracted from mines in Central and South America.
Back then, capricious Western regimes began decrying the ‘trade imbalance’ with China, saying it was the result of ‘unfair’ practices and ‘despotic’ restrictions on ‘legitimate’ Western trade.
From that point on, these same regimes began trying all sorts of tricks to force the Chinese to act ‘fairly’. The British began smuggling opium to China, against which China resisted, especially under Lin Zexu in 1839, who seized and burnt more than 20,000 chests of opium in Guangzhou. The British then initiated the first of the two Opium Wars (1840-1842), providing not only a textbook example of ‘gunboat diplomacy’, but also the first of a series of unequal treaties. This was the Treaty of Nanjing of 1842, which was not so much a treaty as a unilateral imposition of British imperial demands on the Chinese (including, among other items, the occupation of Hong Kong).
For the Chinese, this was the beginning of a century of humiliation.
It should, since the United States is trying the same tactics now. The specifics might be different. Back then it was high quality goods such as porcelain, silk and tea; now it is high-technology, railway expertise, navigation equipment, quantum communication and so on. Back then, the Chinese were accused of using ‘unfair’ practices to develop a ‘trade imbalance’. And back then, a more powerful empire imposed its arbitrary will on the Chinese.
With this kind of history, you can see why China simply will not accept the unilateral and arbitrary demands of the United States in the so-called ‘trade war’. China will not be humiliated again.
Why? One crucial factor is now different: China is strong enough to resist, fight back and insist on its own integrity. Or rather, two factors are different: now the United States is a drug-addled country, tearing itself apart internally and in noticeable decline.