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D W
Two Bit da Vinci
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Comments by "D W" (@DW-op7ly) on "Two Bit da Vinci" channel.
Tesla is not the number 1 EV seller in China And Tesla was saved from bankruptcy by China
3
The guy is giving a US centric point of view China’s total trade is at 5.4 trillion USD a year India (who has a trade surplus with the USA) with a younger workforce, larger workforce, and lower wages had a 100 billion USD trade deficit with China in 2022 Vietnam (who has a trade surplus with the USA but trade deficit with China) its economy is dependent and dominated by ethnic Chinese and their companies While the Vietnamese economy ad a whole, is dependent on the Chinese economy What most people don’t know China actually sends its goods and service /trades, with its Belt and Road partner countries While these days it is mostly US multinationals in China using their wholly owned factories and suppliers in China To manufacture and send goods back to the USA to purchase They are the companies still using the same labour intensive highly polluting factory model. But these days using more and more illegal workers from SE Asia or more and more automation in those wholly owned factories in China Exporting their goods to America inflating those Chinese trade deficits with the USA I can’t see that being any different in Mexico Americans will cry about trade deficits. But protect their multinationals doing the lions share of the exporting to America They are just lucky China has not booted those American manufacturers in China Probably viewed a crashing USA as bad for the world economy And makes sense because they did not even pull out their big trade weapons during this trade war
2
The guy is giving a US centric point of view China’s total trade is at 5.4 trillion USD a year India (who has a trade surplus with the USA) with a younger workforce, larger workforce, and lower wages had a 100 billion USD trade deficit with China in 2022 Vietnam (who has a trade surplus with the USA but trade deficit with China) its economy is dependent and dominated by ethnic Chinese and their companies While the Vietnamese economy ad a whole, is dependent on the Chinese economy What most people don’t know China actually sends its goods and service /trades, with its Belt and Road partner countries While these days it is mostly US multinationals in China using their wholly owned factories and suppliers in China To manufacture and send goods back to the USA to purchase They are the companies still using the same labour intensive highly polluting factory model. But these days using more and more illegal workers from SE Asia or more and more automation in those wholly owned factories in China Exporting their goods to America inflating those Chinese trade deficits with the USA I can’t see that being any different in Mexico Americans will cry about trade deficits. But protect their multinationals doing the lions share of the exporting to America
2
China’s total trade is at 5.4 trillion USD a year India with a younger workforce, larger workforce, and lower wages had a 100 billion USD trade deficit with China Vietnams economy is dependent and dominated by ethnic Chinese and their companies While the Vietnamese economy is dependent on the Chinese economy China actually sends its goods and services /trades with its Belt and Road partner countries While these days it is mostly US multinationals in China using their wholly owned factories and suppliers in China To manufacture and send goods back to the USA to purchase They are the companies still using the same labour intensive highly polluting factory model. But these days using more and more illegal workers from SE Asia or more and more automation in those wholly owned factories in China Exporting their goods to America inflating those Chinese trade deficits with the USA
2