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I'll keep posting this list every time this subject comes up: https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_China https://en.wikipedia.
by stickfigure 5y ago
I'll keep posting this list every time this subject comes up:
https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_China https://en.wikipedia.org/wiki/List_of_the_largest_trading_pa...
China is 15-25% of the trade for those countries, but the west-aligned countries represent 80% of China's trade. A coordinated trade war would be vastly more devastating for China than the rest of the world.
I don't say this gleefully - I hope it never happens.
- coryrc 5y agoEvery electronic thing made has parts from China. I can't build a car in Germany and export to America without having done trade with China first. Who cares if I could still get Irish butter if I can't get replacement parts for my MRI machine?
- Etherlord87 5y agoPardon my ignorance, but isn't it the case that a lot of stuff coming from China is stuff produced in China, but using western technology? If that's correct, moving production outside of China would be so hard I can't imagine it, but not entirely impossible. It would be a huge crisis that would be eventually, heroically fixed. Another problem is the access to resources like rare metals, that China stockpiles.
- nanidin 5y agoWhen I worked at Garmin, they made all of the aviation electronics in house on production lines in Kansas due to FAA requirements. I don’t know how deep the “must be made in USA” requirements go though.
- coryrc 5y agoWhere are the resistors, capacitors, power ICs coming from?
- stickfigure 5y agoDo you think those parts aren't currently being made elsewhere? South Korea is a powerhouse. The loss of China would be a capacity problem, sure. But market economies (aka price incentives) are terrifically good at solving capacity problems.