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While the US is a major market, but it's not the only-one. Isolation policies do not work in a globalised economy, China isn't trying to isolate itself, the US
by koffiezet 7y ago
While the US is a major market, but it's not the only-one. Isolation policies do not work in a globalised economy, China isn't trying to isolate itself, the US is.
If the US pulls this sort of erratic crap with one of its major trade partners, others will go look for alternatives too. Yes this will hurt China, but I think you underestimate how hard this would hit the US. This is the next economic crisis in the making, and at least some people in the US government seem to realise this, since the best solution for boosting the economy is going to war. Hello Iran?
This is not China that is at fault, it's the US that's being a little cry-baby.
- AFascistWorld 7y agoSo exactly how is China going to ban export to the US specifically? The US isn't even it's big client.
- toddh 7y agoRemember Big Cotton during the US Civil War? The south thought england would take the south's side because so much of their economy was based on southern cotton. It didn't work. The south didn't appreciate england's disgust with slavery. England developed other suppliers and found replacements. Nobody is ever quite as special as they think they are. This goes for all sides.