• If we stopped buying Chinese products, how long would it take before th

    From Rusty Wyse@21:1/5 to All on Fri Jan 7 08:58:45 2022
    Donald Canton
    ·
    Follow
    Positive healthy person in Boston, Massachusetts, USAUpdated Jan 2
    If we stopped buying Chinese products, how long would it take before the Chinese economy collapsed?
    If we stopped buying Chinese products, how long would it take before the Chinese economy collapsed?

    How many people are there in your “we” concept? Millions? Billions?

    Of course, it seems like a great idea.

    Please stop not only buying Chinese products but also selling high tech semiconductor parts to China.

    All your MNCs will go broke first.

    Your local communities will have mass layoff, unemployment, homelessness, social unrest protests, …, etc.

    Your government will need to hire those unemployed more to expand the police and fire departments to deal with all those illegal activities.

    That is fine if you don’t want common prosperity and a global community with shared future in peace. Good luck.

    Washington's main weapon against Chinese companies is the so-called entity list of the US Department of Commerce. The United States believes that it can curb China's rise in key technological areas by prohibiting the supply of high-end technologies.
    However, the US sanctions not only failed to kill Huawei, but instead opened up its firepower to get rid of technological constraints. For example, Huawei and all the other Chinese high-tech companies have overcome all the difficulties to break the US
    technology blockade as the world class innovative companies. The Chinese high-tech companies will not be at the mercy of the United States and will eventually seek to change the game and stand out.

    Americans and their politicians may still be unaware of their mistakes, but they will be hit hard when they do.

    7.9K viewsView 185 upvotesView 3 shares
    Profile photo for Rusty Wyse

    Profile photo for Leslie Volgy
    Leslie Volgy
    · December 27
    It should read; If we stopped buying Chinese products, how long would it take before the US. economy collapsed? Answer; 4 to 8 months.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)