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Comments by "peabase" (@peabase) on "Beijing's top office in Hong Kong slams 'ridiculous' US sanctions" video.
China is the world's industrial powerhouse, but only if we let them. Expect to see China's #1 position crumble, as manufacturing companies will relocate production to other countries, like India and Vietnam.
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Y S That's wishful thinking. China has been trying to boost its domestic consumption for years, but despite all the efforts, its GDP would take a crippling hit if exports were to dry up.
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@alfredocubelo1109 It's really simple. A lot of manufacturing companies have production in China. If they relocate it somewhere else, China loses their business. I can't put in simpler terms.
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