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Rory Stewart explains why China might not be in such a good position to win the tariff trade war… #usa #politics #china #trump.
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34 comments
I agree this fellow is good at telling fairy stories.
China is provoking the us?… ok…
I thought you two would look deeper than just on the surface, property bubble was deliberately controlled to balance the market and make China's gdp artificially low. China was building infrastructure at breakneck speed, that has coming to the end, they are now switching to build military, ship building, and military complex at the same breakneck speed. This has the benefits of also providing jobs, protecting established trade routes, most importantly, it stops the west including the UK from provoking china with its ridiculous excuse of freedom of navigation etc. I believe China was hoping for an escalation of the trade war to have a legitimate reason to ban the export of the processed rareearth that is the key for western military industrial complex as well as the chip manufacture which will hit the AI revolution. The key word here is processed rare earth. No other country had the expertise to process it to the level china does which is the same as only certain company in the world had the ability to manufacture sub 5nm chips. When you start to comprehend these key points, you'll soon realise the US has no cards and will lose not only the trade war, but also it's hegemony and influence as well as the USD safe heaven and reserve status. The US empire is crumbling before your eyes, the trade war is just a convenient distraction for China.
In 10yrs China will start seeing the cracks of what this gentleman is alluding to…..😅😂
I think you're giving Trump way too much credit here. He isn't making any decisions based on political nous.
The same old same old…Chyna is collapsing…
You can always find bias in British (former) diplomats
China has never provoked US unless you view Xi's ruling style as provocation, which is very unfair
USA becoming the most unreliable partner! Who knew that pseudo antiheros (they're fictional) like Trump are toxic
USA is facing simultaneous triple collapse in its shares, fx and treasury markets. This tell us smart money is leaving USA.
This is a 30 second edited clip of a far longer interview which is well worth watching. Rory doesn't think this at all – watch the full interview – but it is the danger of YT shorts and rhe TikTok format.
This person lives in some parallel universe
So what happens when that trade surplus…Disappears. China has had the USA as a market for the last 45 years. They have also benefitted from American manufacturing technology as well as have had American factories relocated into their country. That is now coming to and end. So what happens now?
Rubbish!! US does not want anyone to challenge its dominance dude!! It’s the U.S. which seeks confrontation
this dude had been locked up by Hannibal lecter for the last couple years.
Heard something like this sinced decade ago
Yep, you guys told us when bond yields are low it's bad. Recently, US bond yields were ready to shoot to the moon, Trump instantly started to pull back some tariffs.
Trump doesn't want to 'beat China". In fact he doesn't want this trade war to end. He wants the tax revenue you dummies. This is all about shifting tax burden from the wealthy onto the poor and middle class.
I watched the whole episode: he doesn't actually believe this, he is playing devil's advocate by airing the Trump view. He actually believes the opposite (mostly)
The first sentence about China having a problem already does not make much sense. Listen to this 'Although China has a trade surplus they have a problem with balance of payment". When China has a trade surplus it does not have a balance of payment in term of its trade. But China does have a budget deficit but it is a lot smaller than the US, the budget deficit for China in 2024 and 2025 is 570 billion and 650 billion which is a lot lower than 1.9 trillion the US is facing in 2024 and 2025. Foreign investors indeed have less money to invest that is because across Europe there is less money around to invest in Asian countries and also there is greater investment outflowing from China to ASEAN, Africa, South America and Mexico. And Xi does not provoke the US but it is the US trying to contain China since 2018.
How disappointing. Until i watch this i thought Rory was well informed. What a shame and a let down.
Xi está totalmente fuera del alcance de manipulación de occidente, se necesitan otras técnicas,no funcionaron con Putin ,no funcionarán con xi, se necesitan nuevas técnicas
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Whos provoke?
The rest is fairly blatant chinese propaganda which tbh I didn't really see coming
Have you lived in China for making such statements?
As a responsible person and politician, you shouldn't talk like those people who cannot even tell where the country is on the map.
Who is this 🤡? What rubbish is he talking about?
Sinophobic white people are getting desperate to keep their lies to the point it makes no sense
And Gordon chan 😅😅 that is the real problem for America to progress
Another China expert on the collapse theory 😅😅😅
I’ll take China over capitalism any day of the week.
I do think your right but Chinese leadership position is they will still dig in. Any leadership who losing will just double down. A example is hitla when he felt he was going to lose he just refused to accept the war was over. That’s produced him to panic and he when on a killing spree
The corruption situation was real in China just as it's real in the US for a while now. Just look at all the billionaires at Trump's inauguration. Most of the US wealth are in the hands of a tiny percentage of US citizens. Over the past 4 or 5 decades, the Chinese citizens have seen dramatic improvements in their standards of living and outlook in life. At the time when Xi was selected for the top leadership role in 2013, wealth inequality was approaching that of the US and there was rampant corruption out in the open – the wealthy were flaunting their riches and privilege. Xi's anti-corruption campaign was hugely popular among the masses. It did prompt capital flight from those who gained their riches through questionable means and economic growth has slowed. However, their nominal GDP growth is still about 2x that of the US and their GDP measured using purchasing power parity is expected to be $9T larger than that of the US by the end of 2025 according to the IMF. If you visit various parts of China, you will see why the $39T estimate makes sense compared to the $30T GDP estimate for the US.
Most of Chinese are living in China. How about America? People come from Asia, South America, Euro, Africa, even Russia. Do they have the loyalty if America punish to their home country? Do they keep fighting for America if they suffered difficulties?