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Absent free trade, China still has all the experience and expertise they have acquired up until now.
by lupusreal 3y ago
Absent free trade, China still has all the experience and expertise they have acquired up until now.
- ethbr1 3y agoTo sell to whom? Afaik, their domestic middle class market isn't nearby big enough to singlehandedly fuel their economy. And they'll economically-politically run up against the "middle class wants things like political power and freedom" if they try to balloon that class too quickly.
- lupusreal 3y agoSell? In the event that China is cut off from global trade, we're most likely talking about the lead up to a major war.
- ethbr1 3y agoIf we're talking about total war, those are uncharted waters. Losing Taiwanese, Korean, Australian, and EU specialty and raw material imports would hurt. A lot. Goodbye substantial amounts of integrated circuits, oil, and iron and copper ore. https://en.m.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_China https://en.m.wikipedia.org/wiki/List_of_the_largest_trading_... https://wits.worldbank.org/CountryProfile/en/Country/CHN/Year/LTST/Summarytext https://wits.worldbank.org/CountryProfile/en/Country/CHN/Yea...