Comment by seanmcdirmid
15 hours ago
Economically not really. China and the USA are the top economies, and China is only going to get more economically powerful, alignment with one or the other in trade at least is inevitable. The EU will be making similar decisions to Canada, and I doubt Canada is going to detach from Europe.
China is completely dependant on other countries for it's economic power (mostly the US) as an export economy.
They're also staring down a demographic crash, soon (10 - 15% drop with 25% of the remaining polution over 65).
They are basically at their peak right now.
It's always funny how people get this backwards: China being an export economy means that the whole world is dependent on them, not the other way around.
> China is completely dependant on other countries for it's economic power (mostly the US) as an export economy.
That is Trump's big lie, but it has no basis in reality. This was the cornerstone of Trump's whole pressure agenda on China, and it imploded quickly when the Chinese indicated "We don't care about the American market, trade is only 5% of our GDP, and we have lots of trading partners."
> They're also staring down a demographic crash, soon (10 - 15% drop with 25% of the remaining polution over 65).
Investments in AI and automation make that iffy, investments that, beyond AI, the USA is not making.
> They are basically at their peak right now.
That is the core of Trump's big lie on China, and again, has no basis in reality.