3 ms·
The point is most countries maintain 80% of their trade without china, and are aligned with us policy wise for now; the implication is the west has more levera
by cloverich 5y ago
The point is most countries maintain 80% of their trade without china, and are aligned with us policy wise for now; the implication is the west has more leverage if push comes to shove, they can (arguably per op) hurt china more than vice versa and more so by being aligned. It would obviously be a very serious injury to all economies involved and will hopefully not be necessary.
- asah 5y agoPercentages don't tell the story: modern supply chains means doing without critical components and manufacturing steps, and they cannot be replaced quickly. This is true in food, this is true in semiconductors.