"China has been preparing itself economically to deal with this...

  1. 5,925 Posts.
    lightbulb Created with Sketch. 37
    "China has been preparing itself economically to deal with this kind of US back door economic sanctions in the form of its BRI and later its strengthening of the BRICS

    The Ukraine War has simply accelerated the consolidation of the BRICS trade wise and seeking an alternative to the USD to balance trade,"


    I like very much to come to this forum in order to learn some lessons in political economy not found anywhere else.

    So, faced with tariffs on its exports to the US, China, who has been preparing itself economically to deal with this kind of backdoor economic sanctions, is going to diversify the destination of its exports by sending what was once going to the US to South Africa, India, Brazil and Russia, countries that in turn will be trying to diversify their exports by sending what once was going to the US to China.

    And what about complementary? Just forget about that.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.