Those capacities are all double-edged with diminshing desired effect and magnifying self-harm. Business is all about trust and oppertunities. The more you make it a weapon, the less trust there is and the more you restrict, the more oppertunities you kill.
Except, no. 90% of US trade is contained within the Western Hemisphere. The same cannot be said about China. The US is basically autarkic, China is not and thus China would suffer more.
These don't connect. By recognizing the ROC, the US would be seen as incredibly desperate on the international stage and the business with China that drives America's economy would be shrivelled up.
Yeah, China would start a war (that the US would win) and China would have more casualities and hurt more of its trading partners. WIN WIN WIN for the United States
They're just funsies. China gets to work and builds concrete land in the middle of the ocean while the US makes funsies. It only acts seriously on small weak countries... and that apparently doesn't always work either.
Then why is China so mad about the CVNs?
They can block off USD access to small countries with no economic impact but using that against China is crippling their own currency and making it worthless for trade with the largest trading country there is.
Then why do even Chinese officials care so much about dollar hegemony?
They've used many of them and they've basically all backfired with China defending against their intended effects but the US leaving themselves wide open to eat the double-edged side-effects.
Nope. In 2H 2019, China's growth rate fell below 6% but the US growth rate kept soaring.
Of course they were; they were goat farmers using old AKs. Bringing this point up is moving the goalpost way out of the stadium because nobody thought that the US would be defeated so convincincly with the Taliban in full control before the US is even done evacuating.
Yeah so in a US/China contest where the goal is to be the hegemon, the US can keep inflicting more damage onto China than vice-versa so the US always win.
Already happening. Doesn't work, never worked. China always breaks through and becomes self-sufficient.
And has inefficient allocation and has growth rates massively harmed.
China trades with the world. The US initiated the trade war and shot itself in the foot. Meanwhile, China expanded trading partners all over the globe and its trade increased despite a drop in business with the US.
It would have been larger if the US didn't do tariffs and the tariffs hurt China more than the US so the US wins.
Trade... with a demographic crisis? Doesn't work. You imagined it. If the US could stop it, they are doing everything they can to do it... and failing. That's why they're so desperate. If they had any cards worth a shit left, they'd still be chill ol' Captain America; now the US is like that skinny little freak in a loincloth going on and on all day about getting his ring except the US is going on and on all day about hatred for China.
It's a smart strategy, adaptive as conditions changed. Now, all Chinese infrastructure projects in the developed world are dead in the water, Huawei's market share is gone in Europe, the EU-China CAI is dead, and that's only the start of China's European market access.
You mean labor drain. Brain drain turns into brain circulation and hits the US right back, besides, what brain drain will they get from poor migrants?
Most of US history? If the US closed immigration in 1800, the US would only have 100M people. It now has 330M very productive people. Heck, even Alabama has a higher GDPPC than China.
The rest of the world can print money too or they can let USD oversupply cause the exchange rates to tip until the US is worthless internationally.
So they devalue their own currencies and thus have import inflation. Even better for the US since the EMs print themselves into the ground and that hurts China's exports markets but it doesn't hurt the US since the US is functionally autarkic.
You must be talking about a different country LOL. The US just wastes money on wars.
Nope. The US war machine is responsible for cutting edge research in computing, in materials science and in integrated circuits that make China's lithography and aircraft engines a joke. And even then, state governments spend so much money on capital formation and now the federla government is only going to spend more. So much capital formation in the pipeline
The war will be over with China the victor before the US even knows how to get on it.
Nope. Shanghai, Xiamen and Guangzhou will be in shambles but San Diego, San Francisco and Seattle will see life continue as norma.
That's a great way to kill SWIFT and make the dollar useless. Giving people USD that can't be traded for Chinese goods is like your boss paying you in currency that can't be used to buy anything made in China. Check the tags and see how restricting that "cash" is. If they did this, it would be great for China, because it gives China all the excuse it needs to start its own international financial system and being a much larger exporter than the US, this system would grow explosively until it became dominant.
Nope. It would force all the world to choose between the US & China and they always choose the US (just look at the Israeli desalination plant, the UK nuclear plant, the UK HS2, Huawei, etc, etc). They always always always choose the US because US coercieve capacities are amazing.
China's stable and Hong Kong is stabilizing by the day. Meanwhile, the US suffered massive riots and even an attack on thier own capital building. Must be easy the test they give you to join the CIA LOL
LOL, a few CIA agents caused terrorism in Xinjiang and that caused China to spend billions of dollars on counterterrorism and gave the US a tool to sabotage the EU-China CAI and a pretext for more sanctions. It cost the US a few thousand dollars and China tens of billions. The US controls this escalation ladder
