A lot of retards argue based on feel instead of facts. I hope you are not one.
. If we are cheap then what is Vietnam then? Read that article again and understand what it says:
1) How many walmart factories affected?
2) What is the contribution of those factories to Chinese economy?
3) How are they affected?
4) How long are they affected?
5) What's the strategy used by them to bypass tariffs?
I repeat the same bet over and over again, because there is one genius repeating China will collapse over and over again without substantiating that claim. Give us a timeline, and what are the penalties if you lose? Whenever I ask for a bet, you just avoid it. Let me put the bet in plain written form:
1) If China doesn't collapse from this trade war, then do you admit you are a dumb Vietnamnese?
2) If China doesn't collapse by 2023, can you leave this forum and admit your dad did a bad job educating you?
DO YOU AGREE? SAY YES LOUDLY AND PROUDLY.
Moving into the next phase means moving into higher value services and products and concentrating on servicing the local economy instead of exports. Can comprehend a simple economic concept? Or you only understand the word collapse?
Samsung phones can be of same quality if made in Africa too, who cares, it's not a Chinese company nor is it our long term goal. It is bound to be outsource to poorer countries like Vietnam and Africa. Companies stay and go as they wish, ultimately the maturity of the market, the development of the economy and country is what matters most. For decades, we accumulated foreign capital to access foreign technology, expertise and resources. Now we have built an amazing country, which first class infrastructure, we produce alot of good technical experts and workers, we also created good companies. Yuan is already the 3rd most used currency in commodities, not financial services, but commodities. We have the ingredients we need for a great economy.
You first need to check how many Chinese work in factories and how many work in factories specifically to export to US. And how much is the output for internal consumption? You use an iPhone to gauge an economy? Why not use the sales of Xiaomi, Oppos, Vivos, Huawei to gauge them? Or use the sales of BYD, GWM, FAW, etc? Wwhy BMW? Those are just luxury items, we need mass consumer items. And I think car sales and cell phone sales alone proves we are the largest market for both.
EV batteries are not like your cellphone batteries genius. I am wasting my time talking to an ignorant person like you.
IQ? you have poor English skills, and I don't even think you have ever been overseas. So stop judging people and thinking you are smart, see the world more and you will understand just how low you are.