Post
Topic
Board Economics
Re: Trumpophobic Chinese Economy
by
peter0425
on 16/05/2025, 07:18:59 UTC
If access to US markets continues to be difficult, partners will seek and find new markets, while there is a strong possibility that the US will fail to find new partners, especially given the presence of a strong competitor like China.
Do not get it wrong, US is not that easily replaceable. They are a profitable market that a lot of companies would wish to export to. But if the costs are too damaging they would have no choice but to find different markets or different suppliers. I believe that this could be the perfect opportunity for Asian countries. We have a lot of resources but importantly, the costs would be far cheaper than the US. So, you can imagine why asian countries would be attractive to manufacture at or get supplies from.