pull down to refresh
28 sats \ 2 replies \ @Satosora 14h \ parent \ on: Global Trade: China's Ports Struggle While Europe Surges econ
The problem is, it works both ways.
China cant afford to not trade with other countries.
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.
reply
They understand. It is why they influence by investment rather than threat.
reply