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China doesn't have unlimited money. If it has to spend more on this, then other aspects will suffer. Of course in reality it's much more complex, my point is t
by loyukfai 6y ago
China doesn't have unlimited money. If it has to spend more on this, then other aspects will suffer.
Of course in reality it's much more complex, my point is that not everything can easily be resolved by "throwing enough money" at it...
Cheers.
- jbverschoor 6y agoOf course it does. It can just print extra, just like everybody else
- mpfundstein 6y agohow do you think this will impact their world trade?
- ferzul 6y agothey have about a billion underutilised resources. why should it mean a thing for their world trade?
- rmk 6y agoWorld trade is denominated in USD, no? A small percentage is Euro and smaller percentage in Yen, perhaps. A negligible percentage of world trade is in Yuan, I believe.