Comments by "David Wong" (@davidwong5197) on "EU countries seek to reduce their reliance on the Chinese economy | DW News" video.

@theguy3500 It is not the percentage but the absolute dollar. China's military budget is 2% but they have a large economy. EU is too gramented or they would have a pan-Europe Army. With the larger economy and planned spending you will have a much more efficient army and money will go further. Unless you are like US paying for a $85,000 trash can or spent a trillion dollar and still can't get F35 off the ground. Ah yes, US has a 5% defense budget but they don't know where $2T worth of asset went. Yes I am a bitter American.
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@PlaYer-sn5or Until you need part. Ihave to wait 6 months to get part from Italy.
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@PoliticalMatter All countries want high value manufacturing and a market for it. Germany is not going to give up selling Mercedes and BMW to China and make sneakers. Third countries also want more down stream industries. Africa and Latin America don't want to just sell their mineral, they want to use their mineral to build their economy. For example Indonesia has export control on Cobalt and Nickal because they want to make battery as well. Unless you have ALL the mineral, you can't really de-risk. Not selling China a $150m machine is not de-risking. Any way, US will help US de-risk by blowing more pipe line, but is buying LNG from US less risky? Remember US will also sanction their "friends" like Germany, India and Turkey.
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