General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHere are 5 steps China could take to hurt the US beyond more tariffs
1. Stop buying American products
2. Slow down customs clearances
3. Sell its U.S. Treasury holdings
4. Let the renminbi slide vs. dollar
5. Slowing license, other approvals for U.S. firms
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lapfog_1
(29,199 posts)throughout the middle east and Africa, locking us out.
lunasun
(21,646 posts)As cited by Reuters, Ryan Castilloux, founding director of strategic metals consultancy at Adamas Intelligence, says that autos, renewable energy, defense, and technology would all suffer. There are no hard figures available yet for the extent of economic damage, but the consensus seems to be that if China turns off the tap of critical materials it would directly affect large chunks of the U.S. economy.
https://oilprice.com/Alternative-Energy/Renewable-Energy/Rare-Earth-Metals-Chinas-Nuclear-Option-In-The-Trade-War.html
safeinOhio
(32,674 posts)They could out Russia on cyber attack on our elections.
atreides1
(16,076 posts)Putin wishes to see the collapse of the United States, as do the Chinese...China is willing to allow Putin to seek his revenge,because with it comes the fall of the US military...the one thing keeping the Chinese from taking back Taiwan!
Would you out a partner who had been able to put a corrupt, incompetent, psychotic, narcissist in position as president of the US?
The Chinese are going to sit back and watch as the Russians bring down the US...and when the smoke clears, they'll be picking at the bones of what remains!!!
Voltaire2
(13,023 posts)Sees the collapse of the US as in its interests. China is rebuilding itself as the dominant world economic center, a position it held for centuries up until the early 1800s. The US is an important market, its economic collapse is not in Chinas interests. They will wait Trump out. If they can help him out the door, they will do that.
empedocles
(15,751 posts)lunasun
(21,646 posts)That seems stupid
the Chinese government literally has an investment in this country -over 1.1 trillion $$ in treasury!
And why would they want to ruin one their best customers ? Hey when bad customers act up (trump ) the manager may ban them from the store for a time out but if they have bucks you eventually let them back in
Any gain over us may be inevitable more than intentional . Just by sheer numbers. Thier middle class is already thee size of the entire US population and its growing wont be shrinking imo
I think you are right about Russias intent
Putin invests in lots of war toys and religion to help his authority and
Russia doesnt have much to lose anymore its all gain
Very different imo
Putins play for ultimate control has ruined Russias opportunity to benefit from foreign direct investment.
Many US companies and even Russian partners have fled or lost their investments to Putin
As much as investors may be looking for new markets, they think twice about the Russian market.
I dont believe they will do better in the near future with Putin in charge so authority and gaining power, spreading thier philosophy and causing others like EU or US to weaken is what they have left.
They are more like terrorist seeking destruction than economic underhanded plays made by China imo
Russias top export and import trader is China
So whos knows of any disruption Putin may be creating in China ?
China would never tell or let it be reported !