Trump is hell bent on accelerating China’s way to the top.
Except in many aspects they are no longer on the way, they are already there, so what Trump is doing, is also helping China increase their lead.
Many think China is still just a low level production hub for the world. But the reality is that China is already outsourcing production to neighboring countries, and China is now among the world leaders in 8 out of 10 key industries for the future, unmatched by any other country or EU.
They just have so many people. They could replace entire major foreign industries and still have people left over.
Couple that with a government willing to do whatever infrastructure and monitary policy and you end up with a ton of growth.
The US may have just had a corporate takeover and will end probably end up looking more like China or Russia going forward.
There are a lot of natural resources here and if you’re not particularly concerned with the local environment or economy, you could probably get a lot done.
I also can’t imagine a future without China having the largest consumer class going forward and that probably represents a valuable market.
Trump is hell bent on accelerating China’s way to the top.
Except in many aspects they are no longer on the way, they are already there, so what Trump is doing, is also helping China increase their lead.
Many think China is still just a low level production hub for the world. But the reality is that China is already outsourcing production to neighboring countries, and China is now among the world leaders in 8 out of 10 key industries for the future, unmatched by any other country or EU.
They just have so many people. They could replace entire major foreign industries and still have people left over.
Couple that with a government willing to do whatever infrastructure and monitary policy and you end up with a ton of growth.
The US may have just had a corporate takeover and will end probably end up looking more like China or Russia going forward.
There are a lot of natural resources here and if you’re not particularly concerned with the local environment or economy, you could probably get a lot done.
I also can’t imagine a future without China having the largest consumer class going forward and that probably represents a valuable market.