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>Why doesn't China answer back with similar sanctions? They want to, but they can't, yet. If you listen to CCP officials the long term plan is very clear: To t
by bumbada 6y ago
>Why doesn't China answer back with similar sanctions?
They want to, but they can't, yet. If you listen to CCP officials the long term plan is very clear: To transform China from an export driven economy to a internal market economy so they don't need others, but currently they need them.
China currently can not consume what it produces. When I was living there I could not buy the cooking tool(blender) I wanted. I went to Europe, bought the Blender(manufactured in China) and brought it to China. There was not market in China for those and they went straight from the factory to the port.
China is not the US, most people in China are very poor. The CCP is very powerful but the country is weak in many ways.
In fact China is closing down a lot recently, expats are going out the country fast.
- cambalache 6y ago> China is not the US, most people in China are very poor. https://www.forbes.com/sites/daviddawkins/2019/10/21/china-overtakes-us-in-global-household-wealth-rankings-despite-trade-tensionsreport/?sh=675ccf91749e https://www.forbes.com/sites/daviddawkins/2019/10/21/china-o... https://finance.yahoo.com/news/china-overtake-u-world-largest-135614391.html https://finance.yahoo.com/news/china-overtake-u-world-larges... I dont know what China you are talking about. China sheer size is enough to beat already the US in absolute numbers. The per capita numbers is way below but that gap will keep shrinking.
- deleted 6y ago[deleted]