Is the reason why China is not budging on the trade talks is because they replaced Americans as customers already?
How many people live in Africa and India?
- Warren TLv 78 months ago
AMERICA IS THE BIGGEST MARKET IN THE WORLD, I THINK THEY WOULD HAVE A HARD TIME REPLACING IT
- CharlesLv 58 months ago
The U.S. economy is the largest in the world. There's no way it wouldn't hurt China.
The reason China isn't budging is because they're waiting to see if Trump is reelected.
- PythagorasLv 78 months ago
America focuses on the quick fix. Other cultures tend to focus more on the long term. My guess is that the Chinese are willing to take a short term hit in trade in order to wait out the next election. My guess is that they reason that if a Democrat wins, they can get a much better deal.
- hoarsemanLv 78 months ago
It is hurting China ,though it has a lot of "fat" to live on.
They think the Americans will ultimately blink , because Trump ultimately has public opinion and an election to deal with .
In the mean time , America (like everyone else) should be investing rapidly in its own production capabilities , to reduce its dependency on Chinese goods.
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- Anonymous8 months ago
So, they found a hidden country of 340 million people with the exact same wealth as America? There is a finite number of buyers for an economy as large as China’s. Truth is both America and China are hurting but America is used to occasional recessions. China hasn’t experienced a contracting economy since the 1980’s and are likely terrified of how their people will react.
- Mr. WolfLv 78 months ago
They are very prideful and tariffs don't hurt the leaders of the country.
- 8 months ago
No it's because they're stubborn.