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China faces many long-term headwinds but they're not in crisis yet. The Chinese housing bubble has been deflating since 2020. The state pension and healthcare s

China faces many long-term headwinds but they're not in crisis yet. The Chinese housing bubble has been deflating since 2020. The state pension and healthcare systems are less than generous so care for the elderly is not that expensive (yet). And Chinese government debt is less than half the US despite being 5x the population. At the end of the day, the US represents only 8% of China's exports and only 2% of China's GDP. Losing that will hurt, but China is far better placed to weather the loss than the US.

_carbyau_ 1y ago
> the US represents only 8% of China's exports and only 2% of China's GDP. Losing that will hurt Just noting that trade can often find a new country so it's unlikely that 8% will all simply vanish. How much will vanish I don't know, but not all. Whereas it is near certain that items going into the US will be priced higher. Tariffs have to be policed after all.