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Why does the west and everyone else for that matter trade so much with China?
Because China pays the highest prices for commodities and sells manufactured goods for the lowest price.
China has built a highly efficient and competitive economy combining state capitalism with free enterprise and seriously determined strategic development.
If you do not trade with them you lose the best prices for your exports and pay more for your imports.
For decades inflation globally has been kept in check by China continuing to produce more and more efficiently.
China has beaten the west at its own game- capitalism.
They have learned how to respond to western imperialism since The Opium Wars while most in the west do not even know what The Opium Wars were.
If you do not trade with them you lose the best prices for your exports and pay more for your imports.
Everyone suffers and dies in war. It's worth it.
The crony capitalist neoliberal west LOST the trade war with China.
They beat you at your own game. Loser.
Deal with it.
BTW you might enjoy, and learn from the doco - Skyking.
If you say so. We'll see what happens in practice-China.
$1 Chinas Trillion trade surplus vs $40 Trillion US debt = regime change.
Skyking is a good watch...about the decline of US economy and culture- from the inside.
Recommended viewing for @coffeebadger
$1 Chinas Trillion trade surplus vs $40 Trillion US debt = regime change.
Yes. We have to Tiananmen internal traitors/invaders at the same time that we're helping China deal with theirs. Of course it's going to be an absolute mess. The communists started it.
There are no communists.
You have no Interceptors.
Chinas mercantilism won.
Yeah there are no communists and there is no civil war. They're unconstitutional invaders.
should we cut off all trade with China? or curtail by at least half?
Apple $AAPL is seeking President Trump's administration approval to purchase memory chips from Chinese company CXMT, despite its US blacklist status over alleged military ties, FT reports.