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The cool thing about China is a huge chunk of the world's population lives there, so sanctions from the US aren't as big a deal as they are to, say, Cuba. That, and they produce a lot on their own.
Exactly, and on top of that, China is the biggest trading partner for most of the countries in the world. US is a tiny percentage of China's overall market.
I agree but i wouldnt say tiny, because for Huawei for example due to the US ban they stopped all operations in the EU and UK and other US allies. So its more the influence the US has on the market thats detrimental rather than American customers themselves
That's true, all of G7 tends to follow US direction. At the end of the day though, this is still less than 20% of the global population. Not only that, but western economies are collectively going into a recession. I imagine that Chinese companies will increasingly focus on the Global South as their primary export market going forward.
I've been trying to go Google free entirely in preparation for somehow getting ahold of a Huawei phone for my next one
this post was submitted on 26 May 2024
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