Post
Topic
Board Economics
Re: India-China border tensions
by
Yatsan
on 27/06/2020, 14:58:01 UTC
The way the two countries are facing each other on the China-India border is creating a tense atmosphere. If the conflict escalates, I think it will have an impact on international trade and cryptocurrency, what do you think?
Well, its not big enough to make an impact on the world economic system as well as cryptocurrency. Both of them are big countries and they do know how to appease each other. However, if things get worse, I do believe that it will affect international trade and cryptocurrency a lot because both of them are countries with billions of people as well as workers. Most of product which we are using right now are created from China and India/
It would scratch but not impact a large proportion of economy at all and it is too far to talk about cryptocurrencies with these border tension. And yes, international trade will be afflicted since one them is the largest producer of world's materials in everything, and the other is the 2nd largest food producer in the world. So just think about what will happen if there happens to be a trade war between these two nation, imagine the price surging on both nation due to increase in tariffs. But honestly, cryptocurrencies is out of this picture not even a photobomb lol.

I believe that their governments understand the situation and make the right decision in order to keep things in peace. Nobody wants a conflict which harms their country economic status
This is happening for ages, there must have been some misunderstanding, I know there are lives that has been taken but I don't think it will serve a trigger for a bigger trouble.