“Well, long overdue. China needs us more than we need them”.
When the Chinese made goods are no longer being sold at Walmart, China will roll over. Not certain what the percentage of goods that Walmart sells are made in China but enough to make the ChiComs start whinning.
I wonder how long the can survive without a regime change if their export market dried up, even temporarily? We can find alternatives quicker than they can find new money-rich markets. A billion and a half unemployed Chinese will be hard to contain or support.