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Old 9th Apr 2023, 01:45
  #1545 (permalink)  
Xeptu
 
Join Date: Sep 1998
Location: The Swan Downunder
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Originally Posted by ChrisVJ
Shutting off all trade with China would bring a deal of pain to the West as well as China. They are already nibbling, (Pacific Islands.) Sooner or later they will think they can take a little bit bigger nibble.
We in the west have been withdrawing from China since Covid broke out, there are some companies like apple that cannot withdraw quickly, because all of it's assembly platforms, not to be confused with manufacturing, are in China. I would be surprised if any of the big names are still in China beyond 2026.
When our company pulled out it was because China banned our products because our government had the audacity to ask for an investigation into the origin's of covid. It hurt, it hurt alot we had to mothball, decommission or repurpose about 30% of our infrastructure. Two years on they want to trade again, well no chance in hell, we will not invest again regardless of what our government has to say about that. There are many companies doing the same globally, building their infrastructure back home. China is in trouble, Huge, we can see it happening already, by 2026 China will be lucky to survive in it's current economy and it doesn't have anything else to trade, unlike Russia.
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