China makes comsumer crap. Ask any engineer what they would do if trade with the EU in for instance machine tools were to be halted. Chaos.
They're not raising the price of their stuff, only the price or ours there. In retaliation, I'll buy more communist made crap from china... It's lose/lose.
Quote: China makes comsumer crap. Ask any engineer what they would do if trade with the EU in for instance machine tools were to be halted. Chaos
China just bought one of the premier and oldest machine tools company in Germany and are on a worldwide hunt to buy many more.