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Overall, China is not "defecting" on trade. American companies have a very large presence in the Chinese market - moreso than Chinese companies in the American
by DiogenesKynikos 4y ago
Overall, China is not "defecting" on trade. American companies have a very large presence in the Chinese market - moreso than Chinese companies in the American market.
Apple is the largest smartphone brand in China. GM is a major car brand in China. China has bought huge numbers of Boeing airplanes. I could go down the list, but you get the point.
Social media is a special case, because China has political censorship, which Facebook and Google were unwilling to go along with.