Ridzwan Abdul Rahmanbecome a major competitor to the US.
2y
China has already replaced US agricultural imports, tariffs may hit US workers harder than Chinese, and its state-run economy can create new jobs more easily to absorb damage - could this be the reasons why China feels it's winning the trade war?
I don’t know if China thinks or cares that it is winning or losing the trade war because the impact of the trade war on the Chinese economy is minimal.
What the trade war has done is to strengthen China’s resolve to develop new markets and to become self-reliant in several fields, such as the semiconductor and software industries. From being a customer in these industries, China will eventually
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