Re:China will not accept U.S. 'theft' of TikTok: China Daily
by ianleeclark on Tuesday August 04, 2020 @03:06AM
(#24047456)
The Chinese-American trade system is of mutual benefit to both systems ruling powers. We'll talk tough and we'll impose tariffs, but there is absolutely no way that we're going to cut off China globally.
Re:China will not accept U.S. 'theft' of TikTok: China Daily
by bamboozled on Tuesday August 04, 2020 @04:41AM
(#24047928)
Yeah, and who's going to make all your stuff for dirt cheap? Do you have any idea how hard the economy relies on China to be be competitive, even more to survive.
The thing is you probably could shop around and buy things made elsewhere but:
1) Chinese made things are convenient. 2) Chinese made goods are competitively priced. 3) Chinese made goods are readily available. 4) China makes other things too, such as materials, medical supplies, vaccines...
Probably 98% of the items in your house come from China either directly all indirectly.
Re:China will not accept U.S. 'theft' of TikTok: China Daily
by Hithredin on Tuesday August 04, 2020 @04:49AM
(#24047971)
That's the short term impact.
On the long term, both side might get stronger by becoming more independent
Re:China will not accept U.S. 'theft' of TikTok: China Daily
by bamboozled on Tuesday August 04, 2020 @07:03AM
(#24048699)
This is assuming you can survive the short term impact, that impact would be no joke.
The Chinese still need America more.
That may not be true forever but it’d be quite an economic collapse if China was shut out of trade with the western world.