Most China import and export are not critical item, (ie only China are making it) or Dependable item (e.g. oil and gas) Market is interchangable. What China is selling other people are selling too, and what China is buying, everyone is buying too. There are nothing China is making that was not being made elsewhere, people choose Chinese product simply because they are cheaper, but the ither is not like they are unreachable . Say for.example, Chinese TV set selling in Australia cost about 500 to 700 while a Japanese TV set cost around 800 to 1000, We in the west can afford to fork 200 to 300 more for a TV set, and there are nothing currently the Chinese is making not being made anywhere else. Its not like we are asking African nation to fight against China lol, the west can fork the different
Other people are selling? At our price and quality? Or at all? Or at that quantity? Find them. You can't because there is no other place. That's like saying because Walmart sells crap and non essential things, if they disappear overnight everything is cool.
The West or anyone else doesn't have enough capital to build another China, China has HSR, other countries doesn't, seems like it doesn't matter, but it frees up other tracks for cheaper and faster transport cost. China has a huge and growing domestic market, and factories bigger than cities, how are you going to find the workers, the management staff, and on that scale.
Japanese TV are not made with just Japanese parts, it's more like you won't have a TV, this is ridicules.
And the Chinese market could also he filled by other country too, think about it, the world done without Chinese market prior to 1990, and even today Chinese market is still very much protected domestically, yes the west will suffer, but not going to he that much, i would imagine Intel or Apple would have a problem selling their CPU or Iphone in China but well, will that make the world market collaspe?
Is this for real right now, do you want to be the president that tells Apple and all the other luxury brands that they are now officially not going to meet the target. All companies must continue to grow, at least on paper, that's capitalism, if you project your future as steady, your stock is done and last time I checked, that's important.
The world could be without China in 1990s? Is this for real right now, this is 2015, are you going to ask Facebook to give back 10.2% and see if Facebook survives?
China was nothing then, but it's something now, the pie got bigger, and it can never shrink, if it shrinks the whole system falls apart. America almost collapsed due to a few housing bubbles, and now you want to take the second largest economy out of the WORLD. You know what the world's trade value is to the US, 100%. The US won't be reduced to 0, but it will be greatly reduced.
There are trillions of foreign dollars in China, are you just going to tell all the investors, thanks for playing, maybe next time.
lol, so, come back and claim it in 30 years, I don't even know if PDF continue to exist in 30 years.
But now, if you do not have a valid point (Beside saying I am going to be regret in 30 years) Maybe you should do what Ronan Keating Do.
You say it best, when you say nothing at all.
I don't even know why I took the 5 minutes it took to respond, but you don't say nothing, you say ridicules things.
Ask any credible economist, or other members on this forum, if they agree with you, I'll concede.
@Nihonjin1051 @SvenSvensonov @Echo_419 @LeveragedBuyout @Lord Zen