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68 sats \ 4 replies \ @Solomonsatoshi 28 Nov 2024 \ 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?
Not a single one.
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The problem is, it works both ways.
China cant afford to not trade with other countries.
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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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They understand. It is why they influence by investment rather than threat.
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