The past period of American imposing sanctions on China and retaliatory counter sanctions, has been a period of bilateral protectionist measures. Although they have been effective, led to losses and shrinking of the global economy, what the US President announced a few days ago crossed the lines of sanctions and trade measures and moved to a phase of economic war.
President Trump's blacklisting of the Chinese company Huawei, the largest telecommunications giant in the world, is a clear indication of the seriousness and gravity of the situation. The decision to prevent American airlines from transferring goods from China, heralds the beginning of an economic boycott that transcends commercial sanctions. The situation has become far more dangerous given the other anticipated steps and counter measures. The US President also asked American companies working in China to move to America.

I expected all of this more than a year ago. However, of more importance and more dangerous is what I have been afraid what will happen. I discussed this in an article that was published in Arab and global newspapers on 1 June, entitled “Global Crisis 2020 and World War III”. I said back then that the biggest problem in the Sino-US dispute was related to intellectual property rights. My guess back then was based on the fact that we are the biggest company in the world in the field of intellectual property rights and my position in the councils of international organizations concerned with this issue. In my interview with Russia Today (RT) Channel, on the sidelines of the St. Petersburg Economic Conference in June of this year 2019, I said, "America believes that China's technical strength is caused by the infringement of American intellectual property rights."

The US President said the day before yesterday that over the years, China has infringed US property rights worth trillions (1 trillion=a thousand billions), which he said could not go on. When I read such statement, my understanding was that America was demanding China to compensate it for such losses. I would like to reiterate what I literally said in my article “Global Crisis 2020 and World War III”, “Bilateral trade, economic, intellectual property, financial, and military wars will turn into comprehensive conflict between the two giants.”
It can be understood then why China is refusing to have bilateral talks with America to reach a solution and a new world order. This is because it is expected that America will demand that China pay billions of dollars in compensation for infringed intellectual property which will be on top of the agenda.

To clarify the logic behind this claim, I would like to point out that the American concept of intellectual property rights is that any American invention developed, optimized, and produced by another country constitutes an infringement of its rights. China’s point of view, on the other hand, is that the laws and agreements on intellectual property rights consider any new, useful development, a new invention. It is worth mentioning that the US took part in formulating this global system and signed the agreements related to it.
It is needless to say that if America claims such compensation from China, as is expected, it will be logical to claim similar compensation from any European country, Japan, or any other country in the world. All this is taking place while the World Trade Organization (WTO) seems almost paralyzed because America wants to change the multilateral work agreements system into bilateral agreements.
It is well known to trade monitors in the world that the current paralysis the WTO and other international organizations are suffering is caused by the USA. The USA believes that it is the time for a new world order that replaces the one that emerged after the World War II.
I will explain in an upcoming article how such order will not emerge except after a third world war because wars usually end with agreements. If this is not a proof that this is the beginning of a world economic war, then I do not know what an economic war is.