So in your opinion China has lost already? or might as well surrender or something because from what you've explained it looks like China is about to get nuked and nuked hard. CPC should just fold and go home, why bother huhThese are powerful sanctions. They are like tactical nuclear weapons. Once used, there is no going back. US is not going to use them lightly.
As for the trade war, I think wall street (US financial elites) got what it wanted from the Phase one trade deal signed in 2020. China agreed to open up its finance and insurance industry in the first phase agreement. China promised to remove foreign equity caps for US financial service firms.
Under Financial services chapter