this post was submitted on 09 Sep 2023
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Ultimately though, does this matter? The smartphone userbase in China and India are a combined 6 times the size of the USA's and are growing. Furthermore, the USA imports most of their tech from China, while China keeps their wealth largely internal. Even if the USA were to completely cutoff trade with China, it's not like China's doing nearly as much importing of manufactured goods, especially in the low-end, and it's not as though China would be at a loss for trade partners even if every US ally followed suit.
Cutting off trade to China, at least by what I can tell, would hurt the USA far more than China, or am I wrong?
When was the last time you compared US and Chinese economic data?
Never in any holistic manner, would you care to enlighten me?
Hint: China is not doing well and there is no clear path for their recovery.