| ▲ | vrganj 3 days ago | |
Wealth doesn't flow from Europe to China. One form of wealth flows in exchange for wealth in the form of goods of equal value. That's how trade works. And again, Europe will be vital to China once China finally makes the move to reunify with Taiwan. China will find itself completely isolated from the only other market of comparable wealth and size to Europe. China already has a huge underconsumption crisis. If you have an Economist subscription, I would recommend listening to this Episode of Drum Tower for more context: https://www.economist.com/podcasts/2023/08/29/chinas-consume... All this to say: China needs consumers more than Europe needs producers. The balance of power is entirely in Europe's favour. You keep focusing on production, but the demand side is what drives economies. Any fool can produce. Without a buyer, that is just a waste of resources, however. | ||