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68 sats \ 4 replies \ @Solomonsatoshi 17h \ parent \ on: Global Trade: China's Ports Struggle While Europe Surges econ
Can you name any country that can afford not to trade with China without suffering significant economic disadvantage?
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55 sats \ 3 replies \ @TNStacker 14h
Not a single one.
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28 sats \ 2 replies \ @Satosora 14h
The problem is, it works both ways. China cant afford to not trade with other countries.
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21 sats \ 0 replies \ @Solomonsatoshi 8h
Wrong. When you dominate markets you can control them. You can play off individual participants overtly or more subtly. China understands this very well. Many westerners do not seem to. If you want to understand Chinas specific approach Peter Hesslers book 'Country Driving' is a very accessible and interesting place to start.
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28 sats \ 0 replies \ @TNStacker 14h
They understand. It is why they influence by investment rather than threat.
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