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China spent the last two years demonstrating that they're "fair weather partners" when it comes to trade. And winter is coming. So obviously it's not bad _per
by phtrivier 4y ago
China spent the last two years demonstrating that they're "fair weather partners" when it comes to trade. And winter is coming.
So obviously it's not bad _per se_ to rely on China ; but if it's not possible to diversify sourcing, this is begging for a disaster next time whatever geopolitic hits the fan.
- CyanBird 4y ago> Fairweather What do you even mean, it wasn't them whom started the whole tradewar... It was the US gov
- phtrivier 4y agoI meant that in any situation where china has to choose between interior market / upholding CCP plans / régional partnership vs trading with the global west, they will chose the former in times of crisis. Which is not a bad thing, again, it's just that everyone is relying on them as if they are an infinite factory of everything with unlimited supply, and it seems that, well, it's not true any more. But if they decide to stop trade with Russia tomorrow, I'll reconsider.
- criley2 4y agoHow did they spend two years demonstrating they are fair weather partners? Was it the part where they locked workers inside of factories producing goods for America to make sure that the Americans got their shipments in spite of the Covid-0 policy? Or was it how China is actually upholding most sanctions against Russia, despite giving less than 0 f's about Ukraine? IMO the real disaster would be a total de-link between Chinese and American economies. Neither country can currently engage in any kind of meaningful hostilities while 10%+ of their economies are linked in trade. Trade prevents war because war would mean decimation of their economies and lead to likely depressions, although I suppose the results of Russia's invasion and how their economy handles de-linking will inform this logic going forward
- Cupertino95014 4y ago> Trade prevents war because war would mean decimation of their economies and lead to likely depressions 1913 is calling and wants its optimism back. If the fertilizer hits the fan re Taiwan, the CCP will not hesitate to cut off all trade with everyone who supports Taiwan.
- sudosysgen 4y agoThey won't stop trading with Taiwan supporting countries. They don't have any plans of that as far as anyone knows and never threatened it. The threat is that the US executes it's public plans of sinking ships trading with China in such a contingency.
- phtrivier 4y agoThat will sound tongue in cheek, and to some extend it is, but if the last few years have shown us anything, it's the perils of starting a sentence by "xxx won't yyy" (for several values of x and y.)
- sudosysgen 4y agoThat's an extrapolation. There hasn't ever been in a country that decided to sanction themselves within wartime from most of the world economy, and leaked documents show that one of the reason China wants Taiwan to begin with is to make their trade more secure.
- Cupertino95014 4y agoI don't even know what the first sentence is supposed to mean. Germany knew they would be blockaded by the Brits in WW I and II and proceeded to go to war anyway, so didn't they "decided [sic] to sanction themselves within wartime from most of the world economy"? Japan continued with their China war in the 1930s, despite sanctions from the US and the West, so didn't they? As for the "leaked documents", the claim on Taiwan is that it is an inseparable part of China, and not that they want "to make their trade more secure."