jhungary
MILITARY PROFESSIONAL
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Impact on China will be short and medium term in terms of massive unemployment and decreased purchasing power but they’ll recover from it. They are well past the stage of being over reliant on their exports. They’ve moved to value added goods, hi tech products and service industries in a massive way. Good for them.
That is a problem actaully. Because more valued added goods market is in the West, things like computer chips, medical equipment. If China decouple with the West, then they will also lose those market as well.