Watch this video.
https://www.youtube.com/watch?v=VG-aEwY0R50
https://www.youtube.com/watch?v=VG-aEwY0R50
Trade war ? What trade war ? Before the first shot is fired, America has already lost.
America can stop exporting to China, it can stop buying from China ....
But it cannot stop doing business IN China.
It is a 1.4 bil population market.
US GDP per capita is now 6 times that of China, and it is already doing USD343 bil business in China now.
When China's GDP per capita one day reach America level (why not ?), this business will balloon to USD2.06 trillion PER ANNUM.
Is America saying that it is willing to forego these business opportunities and hand them over to the Europeans and Japanese ?
The fact is that America needs China as much as China needs them.
Without China, most American businesses will cease to grow over next twenty years.
Period.
https://klse.i3investor.com/blogs/icon8888/210907.jsp
https://klse.i3investor.com/blogs/icon8888/210907.jsp
