Chinese factories stopping production/looking for new markets as US tariffs bite 4 hours ago (cnbc.com) 1 comment koolba Reply Add to library incomingpain 3 hours ago what new markets? They naturally had already entered those markets long before.The tariffs are well above decoupling %. Worse yet, china amortized their production based on precovid $. They cant afford to shutdown production.They'll likely be able to leap out of middle income status ultimately but the USA had been planning to do this since Obama made the decision.china loses hundreds of millions of people by the end of the decade.
incomingpain 3 hours ago what new markets? They naturally had already entered those markets long before.The tariffs are well above decoupling %. Worse yet, china amortized their production based on precovid $. They cant afford to shutdown production.They'll likely be able to leap out of middle income status ultimately but the USA had been planning to do this since Obama made the decision.china loses hundreds of millions of people by the end of the decade.
what new markets? They naturally had already entered those markets long before.
The tariffs are well above decoupling %. Worse yet, china amortized their production based on precovid $. They cant afford to shutdown production.
They'll likely be able to leap out of middle income status ultimately but the USA had been planning to do this since Obama made the decision.
china loses hundreds of millions of people by the end of the decade.