3 ms·
13 percent of US trade is with china. 20 percent of EU trade. And that's trade, not percent of economy. I think you might be over estimating how indispensable
by LatteLazy 5y ago
13 percent of US trade is with china. 20 percent of EU trade. And that's trade, not percent of economy.
I think you might be over estimating how indispensable they are.
This is one of (not the only reason) China is so hungry to move into harder to replace industries (cutting edge chip manufacturing for instance, infrastructure like 5G).
And of course Chinese markets are mostly closed to Western goods and services already...