ฝัง
- เผยแพร่เมื่อ 30 มิ.ย. 2024
- For the first time, the emerging markets and developing countries now constitute 56.7% of China’s trade volume, surpassing traditional partners such as the US and Europe.
For the first time, emerging markets and developing countries now constitute 56.7% of China’s trade volume, surpassing traditional partners such as the US and Europe. This shift marks a significant reorientation in China's trade strategy and economic relationships.
Several factors contribute to this trend. Firstly, China's participation in the Regional Comprehensive Economic Partnership (RCEP) has deepened trade ties with countries in the Asia-Pacific region. In 2023, trade between China and the 14 other RCEP member countries reached $1.77 trillion, a 5.3% increase compared to the period before the agreement took effect in 2021.
Furthermore, China's focus on Free Trade Agreements (FTAs) with countries aligned with its Belt and Road Initiative (BRI) has expanded its trade network to include 154 countries, predominantly in Asia, Africa, and Latin America. This network covered almost 40% of China’s exports, amounting to approximately $1.3 trillion in trade.
The strategic shift towards emerging markets is also reflected in specific sectors. For instance, China has become the world’s largest car exporter, with a significant surge in automotive exports driven by markets like Russia. In 2023, China exported 840,000 vehicles to Russia alone, filling the gap left by European and Japanese manufacturers due to geopolitical tensions.
The increasing integration of G20 emerging markets into global value chains has also played a crucial role. These markets have doubled their share of world trade and foreign direct investment since China's accession to the World Trade Organization in 2001. As these economies grow, they generate significant economic spillovers, influencing global trade patterns and enhancing their economic influence.
BRICS No to World Bank: What Next?
Watch the full video here
👇👇👇👇👇👇👇👇👇
th-cam.com/video/62PIbwJp5R0/w-d-xo.html
TELL CN COs not to sell so cheap into the WEST as this will allow them to exact indirect taxes on their people by way of tariffs. People in the WEST will jump up against direct taxes on their income, thus they go indirect picking on CN goods which are cheaper on the pretext of protecting their jobs. The WEST comprises of many technically bankrupt nations desperate to raise their tax revenue. CN goods are of good enough quality thus should sell if pitched price wise close to those being sold in the WEST made by the West.
Mm mm m@@brianhong301
Privatized foriegn Federal reserve, fractional reserve banking was over when signed in only took 4 generations to steal all the wealth of the nation.now war time for fiat currency, have fun banksters
Foriegn privatized Federal Reserve, fractional reserve banking only 4 generations to steal debt a nation beyond only to war for it.
China will also no longer import oil from the United States.
China will not export or reduce it to the United States and the European Union.
China will import and export with BRICS+ and all emerging countries.
---
Do not be sorry for America and EU. Be happy for the rest of the world.
First of all united state cause all this B's trouble not America's
Ha. Just wait until made in China cost you
Civic abdication brings you to this place. It is entirely on the citizens here.
@@DoseofTruth you used the term civic like it and conotactionly language, infact it different by nature
所有的一切，都是美国主动挑起的，美国不让中国获得廉价的石油，美国非要用极高的专利费压榨中国劳动力，早期中国什么都买美国的，结果一台几万块美金的设备，美国可以卖给中国上百万美元，同时还收买中国的采购人员，甚至给中国贪官和邪教提供庇护，美国一切向钱的作风让中国领导们不再信任美国，也就有了后面的事情。
The problem is US and EU are too busy funding wars instead of building economic growth in their own countries
Who wants everything usually looses everything.....
Nobody has that big mouth to swallow really everything!?
Just idiot thinks differently.....
Rest lies on ego of that idiot !
Agree fully
Agreed , and I am from the UK, its the same here,
@@user-rm6gn3ki1r They are Apart of Stealing a Country's Resources..Its about Globalism and Global Control
Well done China.
IT'S NOT CHINA REDUCED EXPORT TO THE U.S. AND EU BUT BOTH U.S AND EU INCREASED TARRIFFS TO CHINA BEC OF POOR QUALITY AND OVERSUPPLY BUT LESS DEMAND. CHINA IS JUST CLEARING UP ITS TAINTED NAME, CHANGING THE NARRATIVE TO NOT LOSE FACE.
@@MDin5001 at the cost of it’s citizens, the unchecked pollution to air, land ,and water, well more money for the leadership, then people are just a endless disposable commodity.
Boycott the collective west
@SB-dg8hq Why? chinas labour costs are multiple times higher than before! Other countries can produce cheaper and have a skilkled population!
YES! 100%
China will also no longer import oil from the United States.
China will not export or reduce it to the United States and the European Union.
China will import and export with BRICS+ and all emerging countries.
---
EU will be sorry 😅
I would like to see the U.S. and E.U. to go bloke. because they were warmongers and colonialists and stealing Assets and mineral from another countries. no sympathy for them at all. Aharon.
The more China reduce trade with US and EU the better for China and the world. Countries are now fully aware of the risks and traps if they excessively trade with US and EU.
Spot on 😁
@@psfpower There's Asia, Central and Latin America, and Africa. That's a bigger market than that of the warmongers.
The truth is the USA is a crocked nation
💯
Correct... they're turned in a cabal of sanctioners.
That's the way to go. Why make cheap products for them if they don't appreciate it. Their shops and supermarket shelf will be empty soon.
Hey, China make products from low end to high end. Stop stereotyping them.
I am Belgian. Don't put the people of Europe on the same list as our European government dictators. They just do as they like..... They are on the US payroll.
normal developed humans dont need food and clothing produces on other side of the planet , by slaves... normal humans walk , ride a bike or drive a gas car... i would never sit in a chinese death trap car
Your dreaming! The u s replace China with Mexico. Watch.
Go BRICS ❤️🎼🎼🎼
AWESOME! Good for Motherland, China! There are still enough Countries/Nations for Motherland, China to trades & do business with and it certainly will not be the end of the Economy of Motherland, China. Bless Motherland, China 10,000 Years!👍🇨🇳🙂
TELL CN COs not to sell so cheap into the WEST as this will allow them to exact indirect taxes on their people by way of tariffs. People in the WEST will jump up against direct taxes on their income, thus they go indirect picking on CN goods which are cheaper on the pretext of protecting their jobs. The WEST comprises of many technically bankrupt nations desperate to raise their tax revenue. CN goods are of good enough quality thus should sell if pitched price wise close to those being sold in the WEST made by the West.
@@brianhong301 Go ahead. That will just speed up the repatriation of US manufacturing. Already 17 battery plants are being built as well as 9 EV factories. And we are just beginning. The US is the largest producer of Gas and Oil thanks to fracking. It will take time but if we want stuff we will have to build it ourselves once China collapses. Besides the US and EU, Canada is now increasing tariffs on Chinese Auto. Even BRICS partners India and Brazil have increased tariffs. Soon there will be few to sell your tofu products to.
@@billyehh mf they can just sell it in Asia 😂 china is the bigger market bro do u not realize that? US is fucked.
@@billyehh nay, Russia, Belarus, South Africa, Asia, Latin America, Spain, Portugal, Turkey, Hungary, Iran , Egypt, Serbia, South Ireland , UAE, Saudi Arabia, Bolivia, Mexico , Jordan, France, Italy, Thailand , Indonesia and more constitute a huge market.
By the way, Jimmy Carter and Nixon were the ones who begged China to open up her huge market of consumers to America, in one word - the US keeps it's inflation down by imports of cheaper Chinese products as well as get rich by Chinese products.. China don't need the US market because China's economy is self-generating due to it's huge internal market of 1.4 billion consumers.
Hear how world renown economists like prof Sachs, Richard Wolff and Kishore evaluate China..
@@billyehh3 years after pandemic still not much US made. Store shelves are still empty of domestic and foreign products readily available at dirt cheap prices. Minimum wages nearly doubled but people are getting poorer. Western politicians are clowns.
The world market is big enough for China. The US and the West have lost the competition. Many appreciate China's affordable prices.
I just love buying parts with Chinese origin. It’s so awesome when it arrives slowly taking months, is faulty on arrival and has to be purchased a second time hoping that the second one isn’t faulty. I just love it.
Or the fact that they don’t respect patents and intellectual property rights. I just love it
China junk
@@hayden5280 中国造就出台法律保护专利了，事实上是美国一直用十倍的价格往中国卖货，中国是个工人极多的国家，根本负担不起美国这么离谱的价格，而且美国还收买了中国很多采购人员，保护他们通过贪污得到的钱，中国只能用自己的方式和美国博弈，实际上过去几十年中国用了很多钱收购了一些发达国家的百年企业，所以很多技术才会突破如此迅速，中国都是通过合法的并购程序获得的这些企业的专利，怎么叫不尊重知识产权？
@@hayden5280 keep living under a rock
China's relations with other countries is a two way silk road, the US relations with other countries is one way, their way.
So true 😂
They sanction their competition, hoping to punish, slow down, their super competition. If the US were economically strong, there would be no need to sanction nations who have better prices for the same quality items.
@@waltbroedner4754 👍👍😁😁👍👍
One way (country) You said ?
Then where, the heck, is escape route?
Is there somehow blind ?
General Custer was confident too....
And lost... his life including....
This kind of people You, Americans,
are willing to follow ?
I'm not religious to pray efficiently
for You!!!!
Still there is a chance...............
China builds, US bombs.
that is china with theyr debt traps and the sealk road that they want to inundate all coutnries with theyr products and dominate the world ...
The question is not whether China stops exports to the U.S. and E.U. The real question is whether the U.S. and the E.U. can stop their imports from China.
Same as saying china does not need the us the us needs china
When usa dollar collapse, usa will have even less wealth to buy from China! The US dollar will be like toilet paper
We don't need China
They will have their answers when China stops all exports of toilet papers to the US and EU.
👍
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Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
China good example of world. China helping for world ❤❤❤
China helping self
@@damm1957
Help first your self then you can help others. 😅
china help asia afrika and south amerika yeaaa
China should Enrich countries other than western countries as to create new demand. This in return will enable to trade with those countries better...
China is doing exactly and the US/West are unhappy because they have lost the power to control these countries.
BRICS saved the world.
Are saving the world!
@fesmond7914
Not yet, I would say but they are
on good path..... Do You agree??
@@TonyZlatko Of course I agree, US being ignored by many countries who weren't dare to do so in the past. Just look at Zelensky peace antics in Sweden recently. Because China not attending, US saved face by not attending as well, knowing very well nothing could be achieved without the presence of China and Russia.
@@desmond7914
It's quite too premature to tell world
is ignoring US.....
But many people, nations, countries don't see US as a supreme "arbiter( or judex)
veritatis... - judge of righteousness
anymore...
New era is coming!..
Is USA able to and willing to cope
with it ?
Mr. Biden's administration for sure not !
Mr.Trump's may be the next one ?
I don't know him enough. Still he is
the most pragmatic between all significant politicians of today's USA.....
And he is real American (faults included).
Most important, he is pro America.....
I'm not Amecan.... Just a guy from
somewhere, but not Russian too....
American and EU citizens keep saying don't buy Chinese, now China fulfill their wish.
Actually their consumers didn't say that, it was their elite politicians that wanted to block Chinese products, in the name of protecting their own industry , and also " national security". In return, they get high inflation, only fools wouldn't understand this.🤣🤣🤣
I'm Irish I have no issue with buying From China
Good
...NOW
last sentence : now China fulfill their wish.. ✅
This will help other countries - Asia,Latin America, Africa, & others.Yes these country would cut down with Europe and America.😊
The US and EU market population is a small fraction of the world population, barely one eight. China can export to the other seven eighths, easily making up any loss elsewhere!
XiaoMi never exported phones to the U.S. They didn't even try for exactly this reason.
they dont know that cnn doesnt tell them , they are convinced there is No world behind Walmart.
True, but they are the ones who have the money to pay for things. I don't think you will sell many EV's in Rwanda.
Your logic is all wrong Numbers of potential buyers mean nothing if they are destitute and poor
@@billyehh what % of china's exports is electric vehicles ?
I am absolutely in favor of economic/financial multipolarity but as a citizen of the world I would like finance to also be linked to the promotion of civil, human and social rights which puts man at the center and not power and wealth. This is the real revolution!
So tell me exactly, who controls the world's financial system and how have they promoted civil, human and social rights and more importantly, how have they put man at the center, not power and wealth?
@@adamiskandar5107 It begins with Multipolarity. However, the US desperately insists on its failing UNIPOLARITY.
@@adamiskandar5107 I know you're absolutely right. I live in the privileged part of the world but now everything is changing fast. People don't realize it yet because politics fills them with propaganda, which is why I make this gesture to alert people to keep their attention high. It won't help but who knows...
@@anitarossi5871well you have the WEF trying to drive the working class back to 3rd world standards
The US and EU products are too expensive for what they are ...... better buy value for money products from China... Viva China 🇨🇳🧠🧠🧠💪👍👏🙏🥳🍻❤️🥳🥳🥳🥳🥳
Especially when western products have designed obsolescence built into them... so for all their quality, they are built to self destruct are set period of time... thus are no better than cheaper chinese products which break down due to lower built quality rather than be designed to do so.
@@nickl5658 yes, i learned that the hard way, is better to buy off chinese products than the west.
IT'S NOT CHINA REDUCED EXPORT TO THE U.S. AND EU BUT BOTH U.S AND EU INCREASED TARRIFFS TO CHINA BEC OF POOR QUALITY AND OVERSUPPLY BUT LESS DEMAND. CHINA IS JUST CLEARING UP ITS TAINTED NAME, CHANGING THE NARRATIVE TO NOT LOSE FACE.
Expensive but original compare to china disposable all items
World truly realized what a Monster America is after 2024
Always has been a monster.
@@Luming-di9rf The kind that was outwardly, 'angelic' preaching about Human Rights, Freedom and Democracy but now exposed for their support of genocide in GAZA.
@@adamiskandar5107 The US knows all about genocide but only likes to accuse others of it. And it doesn't shy away from making fake accusations. Yet somehow they can't bring themselves to talk about the ones they committed. Just google "US history riddled with massacres, genocide".
@@adamiskandar5107 gaza genocide is cause of social media, NOT western media. BUT america+THE WEST, has been genocide nations for last 75yrs+ and most importantly criminal genociders and slave traders for past 500yrs.
Yes
Wow we should all move to China ‼️
The world has 193 nations and 8 billion fellow inhabitants.
G7 nations total population is less than a billion.
When these 7 nations claim that their rules are "international" and their markets are all that matter.
Remember these figures.
More importantly, their share of world's GDP had been surpassed by BRICS.
they're racist and arrogant and delusional superioritty.
Don't forget, that billion population is buying as much as all the rest of the world does.
They don't produce quite as much though, and thus their problems!
China isn't going to throw away that market. And they need what China produces.
So, we aren't getting a clean separation for quite a while.
Tariffs can dampen things for a while, but they makes things more expensive, so anyone who need them are a lower in this game.
Removing competition is a sure way to make you less competitive, so nothing gets better.
@@larsnystrom6698 i don't think china cares about funny money, printed from thin air $euro, $usd, debt currency has any value, used to get free sh1t all over the world, and will NEVER pay back their debt.
G7 represents 50% of global GDP 🎉
China can focus on trade with global majority especially ASEAN, BRI and BRICS+ countries.
The beauty - trade is conducted in local currencies.
CHINA is DECOUPLING from the USA + the EU: SMART MOVE. :D
Ken, Toronto, CANADA
Inasmuch as US and its collectives are desirous to de-risk from China supply chains, China too is de-risking from over dependence on established Western markets. To the extent new markets are opened, the effect of sanctions will boomerang to hurt the western economies in trade reduction. US asked for it, followed by its collectives and China has to response out of necessity to protect its interest. Fair game!
Not a fair game, but the right response.
The rest of the world should remember that this will allow them to concentrate on growth not been held Ransome by America and EU lesser and lesser.
It is time China to trade & supply other countries instead of EU & US. It called a fair share
To avoid conflict. China should just avoid dealing with the hostile countries. The world still has so many poor countries for China to help in their growth & prosperity,
I just saw show about the global south there is still close to billion humans on this planet don't even have electricity!
With US and Western sanctions, trade is bound to drop.
When US $ crashed, what will US pay trade with.? Hence, trade will dropped further.
Don’t think so
The USD will still be the reserve currency for G7, and it will still be a pretty strong currency.
The USD will certainly crash, but not by BRICS and dedollarization.
Rather from the US debt, which they don't manage at all.
They have to crash it somehow, and the easiest way is to pay the debt with effectively printing dollars.
(The FED buying Treasures would do it.)
So, in principle a devaluation by flooding the world with $35T, or will it be $60T?
What else can they do? Austerity is of cause out of the question!
@@larsnystrom6698 .
Nay. Without the BRICS alternative , USD can be the reserve currency.
With predicted massive devaluation, all holders and users will suffer serious loss of their decades of accumulated wealth.
Ain't working. G7 will dumped.
At one point, no one will accept us $ for exports to US.
This is the coming US crisis.
Isa will has to tradebwith solid pure golds or gold bars from now on,,,?
Reason all nations dont accept usa unguarantee dollars anymore now,,,???
Sounds as though the WEF will soon be a thing of the past
I hope so.
They brought their deadline forward by five years, from 2030 to 2025.
This must be why, and the fact they didn't expect people to wake up, before they got their New World Order
up and running.
Why is that? They are all partners too they just had a big meeting in China last week lol.
The West bullying you mean.🤖
China... A harmonious
Peaceful blend of....
Ancient wisdom and....
Relevant present day.. Technology.. ❤
CCP 🤮
@@larryc1616US government=corruption, poverty, homelesness, obesity, poor education, racism, crime, WAR 🤢🤢🤢🤮🤮🤮🤮🤮
Next will be US consumers have to pay even higher prices for everything.
CHINA THE SMART COUNTRY AND THE RICHEST COUNTRIES IN THE WORLD
@@PolinGuira uhm just don't encourage countries to throw all their eggs in one basket hey,look what happened when almost all of Europe threw all their eggs in one basket with russia and all that leaf to it?????, Experts should stop spreading rubbish but rather encourage individuals countries to become self dependable while still making trade with whomever country they chose.
Blaming China for over capacity, Joe will have no underwear 😂
Excuse me…… incontinence diapers
Inflation will rise in US and EU. I am so happy!
We boycott the genocide suppoerting countries like US.
Great, now US and EU can enjoy each others expensive goods :)
So many American and EU companies in China ..... to block their bankaccounts or so seems a nice idea 😂😂😂😂😂
The concept of 'rule by law' is pretty much gone by now!
@@larsnystrom6698 Yeah we have a good exemple who's already doing so 😂😂😂
SHTF is what happen next !
Buat apa berdagang dengan Amerika jika di bayar dengan uang Lucu
Stupid question, go back to school and learn, please 😭😭😭😭
You aren't going to hold on to that funny money. You put it to work before it gets bad.
It's not like you have to put it into your reserves!
You just have to find investments worth doing, because all fiat currencies are "funny money".
They will import via other countries like they did with their "non-russian" oil...
That was the stupidest thing done by the West, as if they had principles. Hypocrites!
Because Now China is focusing on SEA Market
Without cheap China goods, how will the US and EU economy survive?
If you say bring back the manufacturing to the US and EU but how can they compete with regards to price and volume?
It’s not possible at all.
All this chest beating antics of the West will boomerang badly for them.
Without the West, there’s Asia as a whole, Africa and the Latin American countries to do trade with.
The West would not be missed.
@@baldeagledelta3482
America is a welfare state, no American youth will to work in any factories 8-5 jobs, they will have to import Mexicans to do the job.
Rubbish AI and robotics will remove 70% of the world’s labor market over the next 12 to 20 years. Robotics will make it cheaper to produce at home rather than import goods due to transport costs alone.
Economic cooperation is the way to go. No room for negative and malicious geopolitics. Hegemony is crumbling.
The biggest mistake is America thinking the world needed them 😂
@@user-vo3bs6lu2i 😄👍👍👍👍
Then we may expect of broadening
of their egomania....
Soon they will yel : All Solar system
is ours.....
And later : Whole Milky Way is ours....
Until somebody will get pissed of,
and tells them: F.U. enough,
from now everything is mine and kicks them ........on Pluto .....
Excellent information .
Keep up the good work
The economic sanctions imposed by the U.S. & other NATO nations against China, Russia, Iran and other nations; are the major factor which is leading to drastic consequences. If there is a demand for a product there will always be someone to provide it. The buyers will gravitate toward the sellers. By employing sanctions based upon political reasons the US & EU are basically cutting themselves out of the trade loop. This results in the dollar being used less in international trade. The demand for the dollar falls & leads to a devaluing of it's buying power.
Bravo 👏 time for the global majority/ the forest to decouple from the garden 😂
TELL CN COs not to sell so cheap into the WEST as this will allow them to exact indirect taxes on their people by way of tariffs. People in the WEST will jump up against direct taxes on their income, thus they go indirect picking on CN goods which are cheaper on the pretext of protecting their jobs. The WEST comprises of many technically bankrupt nations desperate to raise their tax revenue. CN goods are of good enough quality thus should sell if pitched price wise close to those being sold in the WEST made by the West.
Made in Mexico Mexi-CAN 😂🎉 ¡Viva Mexico! US now starting to focus on trade with Mexico and Jai Hind India🤍💚🧡
ah yes the US will continue to destroy Mexico economically as well as itself ..
Good for Mexico👍👍👍 Good luck with India🤣🤣🤣
❤Adelitas &HK 💋
How ironic that US bullies Mexico and its people and treat them as lower class and as such, illegal immigrants. Now they are using them for labor and production to satisfy their gluttonous consumerism, just like how they did with China. Mexico should think again before they involve themselves as slaves.
Good move China.
That's the reason trucking businesses struggle, and many truckers have no loads enough to keep them paying bills.
Your content on the subject matter is significantly informative.
Amen.Each country should have own manufacturers,factories and not cheap stuff making China stronger and us all poorer
if China makes it easier for foreigners to become Chinese citizens.
I'm sure billionaires will move there. Who doesn't want their business to be supported by government finances?
in western countries the country takes tax money from billionaires.
China for the win
6 yMost west Africans are going to China or importing also.china traded with west Africa, many years prior to trading to thecwest. They used to called Made in china as inferior products until about 1986- 1990..
Africa should be making their own things
you think china cares about africans lol boy you lost
@@zeeone4492 I am sure they will progress and achieve most of their ambitions, working with the right partners.
🇦🇺 welcomes you 🇨🇳
And your trade😂
The only problem that we have is the politicians....
who doesn't want cheap n quality product
Definitely. Good products, with a reasonable life time & those mechanical products which are able to be repaired.
Thank you for this report, it is very good news and I believe is encouraging to many Americans (& Western world) that craves for an oncoming, healthy, strong Multi-polar World, where we all benefit. How far the great country of China, India, Russia, and others in Middle East, Africa...that whole rest of the world we for so long have never sought out enough and become allies and friends with. With all the adversity and opposition from the West to rule as the hegemonic sole power & hold others back, I have hoped for decades, as I observed the plan for one to control all others, that despite all opposing forces to keep others down, that they will prosper, help the world to see what is possible besides imperialism and never-ending wars. God help us.
In my final years in the 9th decade may I have more joy, more peace in seeing less darkness and more light among the nations. Russia, China, Iran, the world in general will still land on the side of diplomacy and friendship if we will quit declaring enemies that are not our enemies.
Thank Goodness...now America let's get busy delivering safe products to the people ❤😂🎉👀👂👂✨❤
Potentially could raise the standard of living for people all over the planet...
Appreciate your presentation with numbers / figures
It's not a total export ban. This is only for military items. We'll live .
Perhaps America has an Opportunity to bring back our own Self-determination?
LOL. Americans don't know how to do anything correctly.
You could do so, but you need to remain, or become competitive, so you may have to lower wages....?
Good luck with that
And you'll need the skill set to match, but you "exported" much of that when you sent the production overseas Trying to exploit cheap manufacturing in..... China)
.
Dilemma?
Yeah, that's not going to happen
The big corporations will never let that happen. They would have to pay Americans 30 times more than they do those in those Chinese factories.
self determination? I don't think there is enough determination they can have to be able to dominate the world of production since no one in EU would work for 5$ an hour. This is the beauty of having control over your own currency. Being able to trade with local currency helps every country grow and soon, the low population of EU would not be able to sustain itself. America kept stealing all countries with good inventions and the lies they put in media are just sickening. Those products are created by different ideas from different nationality, and America only put in money as they only have that to steal other's work. now that all these countries will soon have better value for their currency, they will be able to produce more high tech equipment and advance their tech industries. that is the truth of it all, and one of the reason no one trust EU specially America. Demonrats will soon inform you all that all the high tech products are american invention but that will soon be debunked. Those products were stolen then forced to be made in America for the sole purpose of claiming its theirs. Once America gets cut off from the world, their lies will quickly break down and truth will come hitting like a meteor.
So this is why I can't get some of my packages?🤔
Hallelujah!!!!!!
I'm very happy for you!
Good move China! Changes are happening worldwide
We all bricks countries should have helped each other...
A logical step
No more overcapacity, your wish is granted 🤣🤣🤣👍
Good, no more useless product.
The good thing is, that the transition to EV and solar is driven only politically and as such can be changed in a moments notice.
China needs to focus more on high tech high value added products . High value brands for service and food industry . Banking and finance . Space and deep sea . Oil and has and rebeqables . Leave the low value added to africa and other emerging nations .
I hope this is just the beginning and others follow them.
Your right right must be respectfully adhere
Wonderful news
Inaccurate! China would never stop exporting!
The reduced price of consumer goods are more suitable for the global majority than the West.
That's why they're so strong right now free trade
Chinese is smart and pragmatic businessman, wonder how much of these exports went through ASEAN countries indirectly to US and EU?
Seams like some manufacturers can put some Americans back to work
Only problem is , Americans don't want to go back to work . Old saying goes , If you are happy with the crumbs from the rich man's table ,crouch low and lick the hand that feeds you ." Seems like American workers are fed up crouching low and licking the rich mans hand .
@@johnlance-bu6jj guess you don’t live around the people that would love to go back to work. Pride is more important than welfare
Superiority must stop. Domination erase from all concern parties let's Africa and China remodel the society in it diversity
I like that you just give facts and don't inject your politics in it, like so many other channels
China just lifted the Tariffs on Australia, and offered Australian passport holders visa free entry into China. Obviously we are not causing issues for them, thank God.
Maybe we can bring manufacturer’s back along with needed jobs
We all need diversity, not one size, colour, pattern, variety fits all. We're each unique & have our own preferences & should be able to select what we want to buy *&* according to our income.
That's happen when someone wants to be the boss of the entire world 🌎 The world get devide.
“Stop” is too much of an exaggeration. China's still No.1 trading partner to EU and US if I'm correct
The high tariffs and new reality will kick in sooner or later. China had prepared for years for what is happening while the West was just trigger happy without thinking of the consequences.
USA is playing Checker, when Russia is in the Chess game, as China PRC continue in it's GO play in World Trade
Stop or reduce ???? What are you exactly talking about ? Stop or reduce?
China can't make a decent zipper. The idea of quality hasn't fully sunk in there. I'm sure it will get better. Especially as the competition with other SE Asian countries starts to happen. Cheers and good luck to China always.
Good
So it started somewhere else in the world and now it is a war, almost a ww3.
China has invested heavily in Italy.....so how can they draw back exports atleast there
A good decision of the Chinese responsibility no more out side haemogeny politics