Over the years, however, China has been stealing American technologies, including secrets for the most advanced fighter jets. To retaliate, the U.S. not only imposed restrictions on trade with China, but also put bans on technology transfer for the high-tech and military technologies to prevent further loss by Chinese espionage. Is China’s macroeconomy healthy enough to continue fighting the trade war against the U.S.? Let’s continue the talk with Mr. David Xia.