Monday, April 28, 2025

Steve’s Barking; How China can weather the storm

 There is a major down turn in factory production in China because of American tariffs. Well because China is a so called* communist country it can pay its later off workers enough to survive and to buy internal goods without worrying too much about outside forces. As far as goods that it receives  from the U.S. such as food stuff it can buy that in trade with other countries while eventually selling much of the excess goods it produces in the long run.

* The People’s Republic of China is as much of a capitalist country as most European countries and the US with private ownership. 

No comments:

Post a Comment