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Comments by "DailyBeatings" (@DailyBeatings) on "Keyu Jin: China Has Prepared For a Bigger Trade War" video.
@Likeqiang20 Increased cost from intermediate goods usage means the price floor increase will offset the price decrease from lower demand.
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@Likeqiang20 Usage of intermediate goods is downstream of the value chain. When you move downstream the cost of production increases.
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