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A comment on China announces 25% tariffs on $16B worth US goods. Parent comment

Re:China announces 25% tariffs on $16B worth US goods by thinkcontext on Wednesday August 08, 2018 @12:08PM (#17717071)
China's economy is where a large part of the world's future growth will occur, in the longer term capital will reallocate itself around trade barriers to get access to it.

In the short term, the US could potentially get some concessions that it wants. However, things have already gotten further than most predicted, lots of people expected China to give Trump a few crumbs that didn't really matter but allow him to declare victory. Trump seems to not want that, so it might be too late to avoid damage.

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Re:China announces 25% tariffs on $16B worth US goods by sremani on Wednesday August 08, 2018 @12:24PM (#17717209)
You mean China's current aging population with a reverse pyramid demography due to one child policy is where global growth is at?
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Re:China announces 25% tariffs on $16B worth US goods by thinkcontext on Wednesday August 08, 2018 @12:33PM (#17717275)
This is a good point. Personally, I think the inverted pyramid means that China won't achieve parity with US in per capita wealth. However, there's still a ton of growing that it can do. Think of all the millions of cars, washing machines, air conditioners, not to mention increased consumption of pharmaceuticals, personal care, apparel, meat, etc.

Capital is not going to pass this growth up.

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Re:China announces 25% tariffs on $16B worth US goods by 394549 on Wednesday August 08, 2018 @01:30PM (#17717715)
> You mean China's current aging population with a reverse pyramid demography due to one child policy is where global growth is at?

Given we're talking about the CCP, I suppose they could right their reverse pyramid using the same brutal means they used to create it. Say, by heavily pushing euthanasia options onto retired folks who can't care for themselves, with financial sanctions for their families if they refuse to comply.

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Re:China announces 25% tariffs on $16B worth US goods by crimsonalucard on Wednesday August 08, 2018 @12:31PM (#17717264)
Yes. High populations don't correlate with GDP. In fact there's an inverse correlation. Look at India.

edit: source for those who don't believe me: https://www.kaieteurnewsonline.com/2013/01/17/population-gro...

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