162
submitted 1 week ago by yogthos@lemmygrad.ml to c/news@hexbear.net
you are viewing a single comment's thread
view the rest of the comments
[-] BelieveRevolt@hexbear.net 91 points 1 week ago

George Magnus is an associate at Oxford University's China Centre and the author of Red Flags: why Xi’s China is in Jeopardy.

The last thing the government in Beijing wants right now, given its fractious economy, is a full-blown trade war.

Oh yeah, it's China that's in trouble clown

[-] WizardOfLoneliness@hexbear.net 47 points 1 week ago

What the fuck is a "fractious economy"

[-] Palacegalleryratio@hexbear.net 48 points 1 week ago

Dunno but I fail to see how it can be more fractious than an economy based on a stockmarket that is in free fall because of the tweets out of a mad ~80yr old king.

[-] Z_Poster365@hexbear.net 36 points 1 week ago

China has a Schroedinger's Economy. It is always in a superposition between imminent collapse and growing faster than the American economy, both being true simultaneously. The West actually believes both, and to make sense of the cognitive dissonance in their head, they call the economy "fractious"

[-] QuillcrestFalconer@hexbear.net 20 points 1 week ago

China is so advanced their whole economy is in quantum superposition

[-] BelieveRevolt@hexbear.net 34 points 1 week ago

That links to an article the same guy wrote a year and a half ago about the usual "muh Evergrande" stuff. So to answer your question, I don't know.

[-] WoodScientist@hexbear.net 36 points 1 week ago

The problem with sanctioning and tariffing everyone around you is that eventually, countries just ignore you all together and start trading with others.

We're speed running the Confederacy here. The Confederacy thought that King Cotton would save the South. They thought that if the British were cut off from their cotton supply, eventually they would be forced to intervene on the side of the South. Instead, the British eventually just found alternative suppliers in Egypt and India. (They weren't exactly angels here, this was still colonialism.)

Sanctions and tariffs can work if they are limited and targeted. Are there two or three countries that you truly feel are doing abominable things? Then cut them off from the trade system, and they will feel pressured to change their ways. If you embargo or tariff half the planet however, all those affected countries can still trade with each other. If you embargo or tariff too many countries, eventually you are embargoing yourself.

[-] Lamprey@hexbear.net 9 points 1 week ago

We don't have cotton though. We have the war machine

[-] LaughingLion@hexbear.net 11 points 1 week ago

not for long. countries are starting to buy chinese there, too

[-] NuraShiny@hexbear.net 13 points 1 week ago

They are collapsing!!!

this post was submitted on 08 Apr 2025
162 points (100.0% liked)

news

23964 readers
846 users here now

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

founded 4 years ago
MODERATORS