6 ms·
The Chinese people are suffering from this https://news.ycombinator.com/item?id=43703166 https://news.ycombinator.com/item?id=43703166
by suraci 1y ago
The Chinese people are suffering from this
https://news.ycombinator.com/item?id=43703166 https://news.ycombinator.com/item?id=43703166
- duxup 1y agoIt’s going to hit everyone. I’m seeing anecdotal reports from local small businesses of businesses / leads drying up, some VERY dramatically.
- mystified5016 1y agoYup, my startup is on the verge of bankruptcy due to various gov fuckups, including simply not paying for our completed contract.
- nothercastle 1y agoUncertainty is terrible for business. How does anyone make plans more than 60 days out? Even that far out is too uncertain. Many will just hunker down and go into low risk survival mode
- TheCoelacanth 1y agoHow do you make plans one hour out?
- nothercastle 1y agoIdk someone should sell insurance products for this
- fleek 1y agoThat's the whole point. Make it hurt so their government has to comply.
- ty6853 1y agoLol the Chinese government will make out like bandits. "Corrupt" party members will be paid to look the other way as import/export business forge paperwork and wash the point of origin through proxies. The tariff differential between China and proxy countries is basically a corruption bounty.
- lawn 1y agoThere's absolutely no chance that China will comply just because some of their population will hurt. They even nailed shut the doors during Covid to prevent people from going out.