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The risk is that China becomes a pariah to the West, which much of their economic system depends on.
by ajvs 4y ago
The risk is that China becomes a pariah to the West, which much of their economic system depends on.
- TexanFeller 4y agoThe US depends on China to a level where I'd say they own us, not the other way around. They play a large part in making almost every product we use in the US, without trade with them we're screwed.
- chaostheory 4y agoDecoupling has already started and is accelerating. It’s possible to be mostly done within 8 years
- b112 4y agoMy pants were made in China, and now they are made in Mexico. Mexico is optimally aligned, with a shared historical/cultural ethos, and desire for NA stability, too. Also, it solves a problem; one cannot wage war without pants. Well, unless you are General Buck Naked... But my point is, manufacturing is returning to the West, which also has low cost production zones. And imagine, a revitalized Mexico, with the cartels broken, and a very strong middle class.
- chaostheory 4y agoI think you need to read what decoupling means and how the term applies to trade with China unless you’re replying to the wrong comment.
- b112 4y agoYou can't decouple without pants on. And I said made in, not assembled in.
- chaostheory 4y agoI’m not sure what point you’re trying to make because it sounds like you disagree with my comment, but all of your points support my argument
- b112 4y agoI am agreeing with you, but for some reason you're disagreeing with my agreeing! I was merely providing additional data, my pants were made on China, now the label says Mexico! Same style/brand.
- deleted 4y ago[deleted]
- Retric 4y agoUS/China trade is a surprisingly small. Canada, Mexico, China, the EU are all roughly equivalent plus a long tail of every other country. https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_the_United_States https://en.wikipedia.org/wiki/List_of_the_largest_trading_pa... Where China has an oversized impact is our trade deficit and consumer goods which makes them seem vastly more important than they are. However, that’s also the most flexible with south east asia replacing Chinese manufacturing as Chinese workers become more expensive. Our trade deficit with China isn’t as bad as it seems because we export goods to countries China then imports from. Hong Kong for example is a 25.8B trade surplus and really should be included in Chinese trade numbers.
- coffeebeqn 4y agoLong term China could be (already is being) replaced by countries like Vietnam and India as manufacturers. Possibly growing African countries like Nigeria as well. Chinese labor isn’t globally that cheap anymore but they do have the existing infrastructure