3 ms·

Ooookkkkk. That's not even China's goal. China need the US and Europe to have strong economies to sell stuff to for the foreseeable future. China doesn't hav

by enkid 5y ago

Ooookkkkk. That's not even China's goal. China need the US and Europe to have strong economies to sell stuff to for the foreseeable future. China doesn't have a strong consumer sector, outside real estate, which is not a good driver for growth in the long term, and the demographics of China mean it's not likely to develop a strong consumer class before the work force ages out.

medstrom 5y ago
But why do you need to sell stuff to anyone, once everyone else has shit economy? You can lie back and relax at that point, you're still top of the heap.
- enkid 5y ago
  You're on top of a garbage heap instead of a mansion.
  - medstrom 5y ago
    Hardly matters to rulers, they still get all of life's amenities.
eunos 5y ago
Eh these days biggest trade partner for China is ASEAN, it will be much bigger of course if other Asia included. Especially when RCEP become effective.