Mzito trump has already sound the warning, the truth is if European countries defect to brics america will become a 3rd world country or worse
Most Americans don’t realize they have the highest purchasing power in the world because of the dollar, in their heads they think American market is the largest
Hehe imagine if BRICS don’t back down, then suddenly the value of the dollar becomes mediocre like the African countries, itabidii @Panyaste Arudi Kisii kupanda paipai
Sometimes mi huingia YouTube , and just watch how easy Americans import stuff from china with so much ease, ni kama spending pocket change… Those guys really don’t know what’s on the other side of the coin
China can not survive if the US sanction them, same as India and Brazil, South Africa they will be no difference, with or without.
Russia is under sanctions currently and it’s still surviving.
If the US sanctioned China, the US will break down before China does. Americans cannot survive without cheap Chinese goods, but China can survive slightly longer exporting to other countries. That is the only reason the West cannot sanction China despite the hostilities.
Americans companies are in China because of cheap labor, but these companies are moving out of China to Mexico and other Asian countries, Vietnam is becoming a Viable destination.
eventually, China will be isolated.
I beg to differ. China will devalue their currency. Make it cheaper to export to the global south. America strategy is to reshore back their companies in order to reduce its trade deficit.
Third world country we should be rejoicing since we will get cheap goods.
Another strategy is to open companies in Mexico or South American countries to cater for those market.
USA will not be able to compete with China. The last strategy for America will be to launch a global war.
America is desperate to maintain it’s hegemony.
Those companies in Vietnam and Mexico are Chinese trying to navigate sanctions. The best thing about china they plan earlier. They set goals like 5 years plant.
Wrong. Production in Mexico and Asian countries relies heavily on Chinese inputs from China and Chinese firms in those countries. Importing from Vietnam and elsewhere is importing from China indirectly. China is irreplaceable by a wide margin.
The goods America receive from China are American brands, Goods that were once manufactured in the US.
It’s not like America is Competing with China to come sell It’s goods in Africa or the global south.
In the Regan administration, the 1st wave of American Companies that relocated to China was 84,000, and many more did so in Bush snr and Clinton administration, with Clinton signing the NAFTA agreement, which saw, American jobs relocate to Mexico.
China has over 1.5 million Foreign companies, and a huge % of these are American and European Companies.
Pull 50% of these companies from China, and that will devastate the Chinese economy.
So, John Deere is relocating it’s manufacturing plant from the US to Mexico, how or where do the Chinese come in ?
If Telsa decides to move it’s Manufacturing plant from China to , lets say India, will that be the Chinese moving it to india of Musk ?
A John Deere manufactured in Mexico will contain some Chinese parts from Mexico and China. And a Tesla manufactured in India will contain a majority Chinese parts. No company that desires to survive can avoid China.
These are parts designed by John Deere, and the specifications set by John Deere, and given to the Chinese to manufacture.
John Deere can give these parts to any other company to manufacture.
Mzee pray coz once it goes nukes the world is doomed. We are in a precarious moments.
Even hear in home Ruto rules by the thread of Ojinga teeth. Anything RAO can pull the unthinkable.
