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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Trade with China - a one way street?

Trade with China - a one way street?

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  • MikM Offline
    MikM Offline
    Mik
    wrote on last edited by
    #1

    https://www.msn.com/en-us/money/markets/trade-with-china-is-becoming-a-one-way-street/ar-AA1GGA6U

    "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

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    • AxtremusA Offline
      AxtremusA Offline
      Axtremus
      wrote on last edited by
      #2

      Let’s say it really is a “one way street,” and will remain so for another 5 to 10 years. Is that really a problem?
      They produce stuff that we don’t want to produce ourselves, they give us stuff, we give them papers or numbers that end up in a bunch of electronic ledgers.
      Is that really a problem for us?

      Another bone to pick — it seems the article talks only about trade imbalances concerning goods, and overlooked services.

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