[quote=FlyerInHi]We will see…. but don’t think China will blink. Out of adversity, they will accelerate Made in China 2025 and move up the value added chain. China is happy to cede market share to countries such as Vietnam while that sell infrastructure projects in Belt and Road. In fact Chinese companies are moving clothing production to Ethiopia.
Our companies will lose access to the growing Chinese market while Europeans will profit. We forget that the Chinese market is not just as important as our own, more so for luxury brands. [/quote]
The real issue here is the execution of the trade fight against China and the lack of a strategic plan. Should have united the world against China first.
China is the pivotal challenge for the US at every level for the next 50 years (diplomatically, economically, militarily, geo-politically, etc)
The trade battle and the China 2025 is only a small part of what will be a pseudo Cold War. China is re-aligning Pakistan as an ally while we are re-aligning with India.
We have these stupid rules now like can’t say Taipei is in Taiwan when you book a flight. Next thing you know, they’ll be trying to cut off Taiwan and Japan economically to force them into China’s sphere of influence.
