Comment by Beijinger
7 days ago
The Chinese don't want to buy anything, except raw materials. Their idea of trade is to sell products to you, not buy anything from you.
7 days ago
The Chinese don't want to buy anything, except raw materials. Their idea of trade is to sell products to you, not buy anything from you.
The CCP maybe, but the Chinese people for sure want to buy products from other countries.
No, they used to, but less and less now, bc Chinese goods are getting better, plus economic is tighter in recent years.
For most things, they already produce better and cheaper products. And they can buy from obter countries, It is just in US that Trump tarifs are applied.
What about fashionable Brand stuff?
That will continue to exist but less popular than they use to, as local fashion brand is catching up fast.
And what’s wrong with that?
Did not turn out too well the last time they sold tea, silk and porcelain and accumulated the vast majority of the world silver reserves.
You don't want to buy anything? You don't need anything? The British had one thing the Chinese "needed".
Eventually, you are no longer producing goods domestically and they can raise prices or deny your ability to purchase.