I do agree to some degree but I'm not entirely sure China's economy is as rosy as they like to make out. At the moment it is slowing down with pretty much a collapse of their housing market and more worryingly a 20% jobless rate of the young combined with 20% (& rising) of the population being over 60. Possibly the simplest way of reducing China's manufacturing base is to, of course, not buy products made by Chinese companies. But I fear we have gone too far down the bargain price road for that to be feasible. https://www.bbc.co.uk/news/articles/crr54x00857o https://www.reuters.com/world/china...ployment-breeds-new-working-class-2024-08-21/ https://www.business-standard.com/w...nomy-boom-profits-elusive-124112900170_1.html
Their economy may well be slowing down which is inevitable with the growth they have had but they own so much of western debt, they are very much in control of us all.
That is true... I understand they (surprisingly) own much of the US debt. So it is in their best interest to not let our economies fail.
Apologies if posted already:- https://www.youtube.com/watch?app=desktop&v=Pf-z_shWyaA&ab_channel=ROBERTURMOSI-DirtBikeandATV