China's #1 customer is the US, by a large margin. Around half of their exports come here. China has far more to lose in a commercial war.
It'd hurt them, but it'd hurt America a lot more.
Nope. The only way they can hurt the US is by economic suicide (dumping all debt). And I mean total annihilation: they'd be shooting themselves. And the USD would suffer, true. But it would recover, US economy has far more autarky.
China economy would suffer more.
https://voxeu.org/article/china-s-wto-entry-benefits-us-cons...
https://www.thebalancesmb.com/top-countries-exporting-to-the...
China's #1 customer is the US, by a large margin. Around half of their exports come here. China has far more to lose in a commercial war.
It'd hurt them, but it'd hurt America a lot more.
Nope. The only way they can hurt the US is by economic suicide (dumping all debt). And I mean total annihilation: they'd be shooting themselves. And the USD would suffer, true. But it would recover, US economy has far more autarky.