China makes almost a third of all manufactured goods — more than the US, Japan, Germany and South Korea combined
We have a problem...
Beijing’s trade juggernaut is built on deep competitive advantages built up over decades that will not be easily dislodged.
Financial Times 9 April 2025
https://ig.ft.com/china-trade-surplus/
Why China thinks it might win a trade war with Trump
Mr Trump wants a lot from his geopolitical rival, including stemming the flow of fentanyl precursors and help ending Russia’s war in Ukraine. America’s president has also revealed that he does not want to be responsible for shutting down TikTok, a Chinese-owned short-video app popular among young Americans.
Tesla, an electric-vehicle firm owned by Elon Musk, Mr Trump’s adviser, is vulnerable to retaliation, since it does about a fifth of its business in China.
Chinese officials may also believe that America will be unable to bear the inflation and economic discontent caused by Mr Trump’s tariffs.
Tillbaka till Rolfs länktips 9 april 2025
https://englundmacro.blogspot.com/2025/04/rolfs-lanktips-9-april-2025-china-more.html
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