China’s growth was projected to be at around 5%, so even taking a full 2-3% hit would mean the economy would continue to grow. And as you rightly point out, the governance in China is very effective, and they have been preparing for this eventuality for a long time. The most likely scenario is that trade will be redirected, and the government will directly support parts of the economy that are affected by the decoupling.
Exports to US account for roughly 2% of China’s economy, it’s clearly not significant for China
just do a trade embargo at this point 🤣
The offer to Europe is a poisoned chalice. Europeans are expected to betray China, gut food safety laws for toxic US beef, and pray America doesn’t knife them in the back with pharma tariffs mid-negotiation. The EU still deludes itself that 90 days of tariff pauses mean goodwill, as if the US hasn’t spent decades sabotaging allies. We’ll see if European leadership understands that when the dollar collapses, America will drain Europe’s corpse first.
Good news is that the real world has a way of asserting itself in the end.
lmfao incredible to see that people still guzzle propaganda about Russian army being on the verge of collapse when even US intelligence admits it’s far stronger than before the start of the war in every conceivable way
the US really wants to have direct control over all energy coming into Europe 🤣
The whole framing is absurd to be sure, but the fact that even these chuds are now acknowledging that China is winning is itself notable. It’s no longer possible to keep peddling China collapse narrative, and they’re starting to have to grapple with the fact that China is visibly going from strength to strength.
It’s so transparent too.
What actions would that be?
I can see him invading Greenland to distract from this disaster.
turns out that the managers of the empire aren’t immune to their own propaganda 🤣
Trump got in way over his head here, the same way Biden managed to do with Russia. Except China is a far more important economy globally.
It is unfortunate to be sure.
First of all, BRICS is already a bigger economic bloc than the G7. Second, BRICS is where majority of resources and manufacturing is happening, which means in real terms their economy is far more relevant to the world. Finally, the G7 is now fighting itself with the trade war the US started. The financial and military control the west had over the world started collapsing after the west started their proxy war with Russia, and the collapse is only accelerating now. The US will likely manage to carve up a sphere of influence for itself, but it’s quite clear that they’re overstretched already.
How does people living in a province of China having mainland residency permits divides their loyalties again?