25-04-25, 11:40
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PROFITABLE Card China Holds in a Trade War With US
One PROFITABLE Card China Holds in a Trade War With The US
Sale of One Particular Item is Selling Well....
From Chinas sprawling trade network to its chokehold on rare earths, it will not be easy for Washington to back China into a corner
Chinese exports to the US face up to 245% tariffs, and Beijing has hit back with a 125% levy on American imports. Consumers, businesses and markets are braced for more uncertainty as fears of a global recession have heightened.
China has leaned into emerging industries from electric vehicles to artificial intelligence
China has always been known as the worlds factory but it has been pouring billions into becoming a far more advanced one.
Under Xi, it has been ahead in a race with the US for tech dominance.
It has invested heavily in homegrown tech, from renewables to chips to AI.
Chinese President Xi Jinpings government has repeatedly said it is open to dialogue, but warned that, if necessary, it would fight to the end
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