Quote:
Originally Posted by MorTech
China cannot survive as a prosperous country without the *HUGE* USA consumer market. It is difficult to understand what they are doing as it appears to go beyond just "saving face".
Mercantilism works until it doesn't.
China (Xi) is in real trouble it seems. This tariff battle will be interesting. It will be very disruptive for awhile.
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There was a former Professor who would come to the dog park near the Villages. He had taught English to a number of very bright Chinese students in various Chinese cities for a number of years. I got the impression from him that China was rather diverse in ethnic and religious groups. They are an incredibly strong country having been invaded a number of times and had a lot of civil wars. They will not back down easily. And are historically very used to suffering. And there still seems to be a certain willingness to sacrifice lifes.
On another note, the Professor liked to talk about the toilets over there and the very strange things he would sometimes eat in different parts of China. It would be a tough people who have to squat to poop and pee into a hole on the floor.