CHINA Stop Export to US and EU: What next?

  Рет қаралды 118,876

Fastepo

Fastepo

25 күн бұрын

For the first time, the emerging markets and developing countries now constitute 56.7% of China’s trade volume, surpassing traditional partners such as the US and Europe.
For the first time, emerging markets and developing countries now constitute 56.7% of China’s trade volume, surpassing traditional partners such as the US and Europe. This shift marks a significant reorientation in China's trade strategy and economic relationships.
Several factors contribute to this trend. Firstly, China's participation in the Regional Comprehensive Economic Partnership (RCEP) has deepened trade ties with countries in the Asia-Pacific region. In 2023, trade between China and the 14 other RCEP member countries reached $1.77 trillion, a 5.3% increase compared to the period before the agreement took effect in 2021.
Furthermore, China's focus on Free Trade Agreements (FTAs) with countries aligned with its Belt and Road Initiative (BRI) has expanded its trade network to include 154 countries, predominantly in Asia, Africa, and Latin America. This network covered almost 40% of China’s exports, amounting to approximately $1.3 trillion in trade.
The strategic shift towards emerging markets is also reflected in specific sectors. For instance, China has become the world’s largest car exporter, with a significant surge in automotive exports driven by markets like Russia. In 2023, China exported 840,000 vehicles to Russia alone, filling the gap left by European and Japanese manufacturers due to geopolitical tensions.
The increasing integration of G20 emerging markets into global value chains has also played a crucial role. These markets have doubled their share of world trade and foreign direct investment since China's accession to the World Trade Organization in 2001. As these economies grow, they generate significant economic spillovers, influencing global trade patterns and enhancing their economic influence.

Пікірлер: 679
@fastepo
@fastepo 23 күн бұрын
BRICS No to World Bank: What Next? Watch the full video here 👇👇👇👇👇👇👇👇👇 kzbin.info/www/bejne/bGOzepWtf9VoiJI
@brianhong301
@brianhong301 23 күн бұрын
TELL CN COs not to sell so cheap into the WEST as this will allow them to exact indirect taxes on their people by way of tariffs. People in the WEST will jump up against direct taxes on their income, thus they go indirect picking on CN goods which are cheaper on the pretext of protecting their jobs. The WEST comprises of many technically bankrupt nations desperate to raise their tax revenue. CN goods are of good enough quality thus should sell if pitched price wise close to those being sold in the WEST made by the West.
@user-qc9rr9rq2t
@user-qc9rr9rq2t 23 күн бұрын
Mm mm m​@@brianhong301
@damianlibby522
@damianlibby522 23 күн бұрын
Privatized foriegn Federal reserve, fractional reserve banking was over when signed in only took 4 generations to steal all the wealth of the nation.now war time for fiat currency, have fun banksters
@damianlibby522
@damianlibby522 23 күн бұрын
Foriegn privatized Federal Reserve, fractional reserve banking only 4 generations to steal debt a nation beyond only to war for it.
@eskapadela
@eskapadela 15 күн бұрын
China will also no longer import oil from the United States. China will not export or reduce it to the United States and the European Union. China will import and export with BRICS+ and all emerging countries. ---
@sbludba
@sbludba 23 күн бұрын
Do not be sorry for America and EU. Be happy for the rest of the world.
@Tony-jd2mx
@Tony-jd2mx 23 күн бұрын
First of all united state cause all this B's trouble not America's
@Zindo.Majesty.HisMajesty
@Zindo.Majesty.HisMajesty 23 күн бұрын
Ha. Just wait until made in China cost you
@DoseofTruth
@DoseofTruth 23 күн бұрын
Civic abdication brings you to this place. It is entirely on the citizens here.
@Tony-jd2mx
@Tony-jd2mx 23 күн бұрын
@@DoseofTruth you used the term civic like it and conotactionly language, infact it different by nature
@zhifuge-xq1ex
@zhifuge-xq1ex 23 күн бұрын
所有的一切,都是美国主动挑起的,美国不让中国获得廉价的石油,美国非要用极高的专利费压榨中国劳动力,早期中国什么都买美国的,结果一台几万块美金的设备,美国可以卖给中国上百万美元,同时还收买中国的采购人员,甚至给中国贪官和邪教提供庇护,美国一切向钱的作风让中国领导们不再信任美国,也就有了后面的事情。
@nanhinting7447
@nanhinting7447 23 күн бұрын
The world market is big enough for China. The US and the West have lost the competition. Many appreciate China's affordable prices.
@hayden5280
@hayden5280 23 күн бұрын
I just love buying parts with Chinese origin. It’s so awesome when it arrives slowly taking months, is faulty on arrival and has to be purchased a second time hoping that the second one isn’t faulty. I just love it.
@hayden5280
@hayden5280 23 күн бұрын
Or the fact that they don’t respect patents and intellectual property rights. I just love it
@damm1957
@damm1957 23 күн бұрын
China junk
@zhifuge-xq1ex
@zhifuge-xq1ex 23 күн бұрын
@@hayden5280 中国造就出台法律保护专利了,事实上是美国一直用十倍的价格往中国卖货,中国是个工人极多的国家,根本负担不起美国这么离谱的价格,而且美国还收买了中国很多采购人员,保护他们通过贪污得到的钱,中国只能用自己的方式和美国博弈,实际上过去几十年中国用了很多钱收购了一些发达国家的百年企业,所以很多技术才会突破如此迅速,中国都是通过合法的并购程序获得的这些企业的专利,怎么叫不尊重知识产权?
@jkw6196
@jkw6196 23 күн бұрын
@@hayden5280 keep living under a rock
@user-rm6gn3ki1r
@user-rm6gn3ki1r 22 күн бұрын
The problem is US and EU are too busy funding wars instead of building economic growth in their own countries
@TonyZlatko
@TonyZlatko 21 күн бұрын
Who wants everything usually looses everything..... Nobody has that big mouth to swallow really everything!? Just idiot thinks differently..... Rest lies on ego of that idiot !
@Fegga1955
@Fegga1955 20 күн бұрын
Agree fully
@favesongslist
@favesongslist 16 күн бұрын
Agreed , and I am from the UK, its the same here,
@LastStitch
@LastStitch 7 күн бұрын
@@user-rm6gn3ki1r They are Apart of Stealing a Country's Resources..Its about Globalism and Global Control
@sarahkhan2310
@sarahkhan2310 23 күн бұрын
Boycott the collective west
@SB-dg8hq
@SB-dg8hq 22 күн бұрын
The consumer goods that the Western world buys from China will be missed. Mobile phones, televisions, tablets, computers and many other things that we now take for granted will be much more expensive.
@user-kf1pf5qw4d
@user-kf1pf5qw4d 22 күн бұрын
@@SB-dg8hq Why? chinas labour costs are multiple times higher than before! Other countries can produce cheaper and have a skilkled population!
@bno5357
@bno5357 22 күн бұрын
YES! 100%
@eskapadela
@eskapadela 15 күн бұрын
China will also no longer import oil from the United States. China will not export or reduce it to the United States and the European Union. China will import and export with BRICS+ and all emerging countries. ---
@MDin5001
@MDin5001 23 күн бұрын
Well done China.
@fkoff7649
@fkoff7649 21 күн бұрын
IT'S NOT CHINA REDUCED EXPORT TO THE U.S. AND EU BUT BOTH U.S AND EU INCREASED TARRIFFS TO CHINA BEC OF POOR QUALITY AND OVERSUPPLY BUT LESS DEMAND. CHINA IS JUST CLEARING UP ITS TAINTED NAME, CHANGING THE NARRATIVE TO NOT LOSE FACE.
@stanleydolan5609
@stanleydolan5609 21 күн бұрын
@@MDin5001 at the cost of it’s citizens, the unchecked pollution to air, land ,and water, well more money for the leadership, then people are just a endless disposable commodity.
@HarryDavidson-ew5qw
@HarryDavidson-ew5qw 19 күн бұрын
*Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Christy Fiore🇺🇸🇺🇸🇺🇸..*
@MarilynCollins-mp3uf
@MarilynCollins-mp3uf 19 күн бұрын
Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.
@EvelynThomas-lx1im
@EvelynThomas-lx1im 19 күн бұрын
Thanks to my co-worker (Alex) who suggested Ms Christy Fiore.
@EvelynThomas-lx1im
@EvelynThomas-lx1im 19 күн бұрын
She's a licensed broker in the states 🇺🇸
@ChristinaNelson-lb6lp
@ChristinaNelson-lb6lp 19 күн бұрын
After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.
@NancyMills-np1fr
@NancyMills-np1fr 19 күн бұрын
Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.
@antonpasternak-gw4dk
@antonpasternak-gw4dk 23 күн бұрын
EU will be sorry 😅
@aaronl7045
@aaronl7045 23 күн бұрын
I would like to see the U.S. and E.U. to go bloke. because they were warmongers and colonialists and stealing Assets and mineral from another countries. no sympathy for them at all. Aharon.
@ABCABC-xf5cr
@ABCABC-xf5cr 23 күн бұрын
The more China reduce trade with US and EU the better for China and the world. Countries are now fully aware of the risks and traps if they excessively trade with US and EU.
@psfpower
@psfpower 23 күн бұрын
Spot on 😁
@Luming-di9rf
@Luming-di9rf 23 күн бұрын
@@psfpower There's Asia, Central and Latin America, and Africa. That's a bigger market than that of the warmongers.
@user-mw6gq8ph3t
@user-mw6gq8ph3t 22 күн бұрын
The truth is the USA is a crocked nation
@sandy-dev
@sandy-dev 22 күн бұрын
💯
@patrik-vw4ek
@patrik-vw4ek 20 күн бұрын
Correct... they're turned in a cabal of sanctioners.
@HappyPandaBear73
@HappyPandaBear73 23 күн бұрын
AWESOME! Good for Motherland, China! There are still enough Countries/Nations for Motherland, China to trades & do business with and it certainly will not be the end of the Economy of Motherland, China. Bless Motherland, China 10,000 Years!👍🇨🇳🙂
@brianhong301
@brianhong301 23 күн бұрын
TELL CN COs not to sell so cheap into the WEST as this will allow them to exact indirect taxes on their people by way of tariffs. People in the WEST will jump up against direct taxes on their income, thus they go indirect picking on CN goods which are cheaper on the pretext of protecting their jobs. The WEST comprises of many technically bankrupt nations desperate to raise their tax revenue. CN goods are of good enough quality thus should sell if pitched price wise close to those being sold in the WEST made by the West.
@billyehh
@billyehh 23 күн бұрын
@@brianhong301 Go ahead. That will just speed up the repatriation of US manufacturing. Already 17 battery plants are being built as well as 9 EV factories. And we are just beginning. The US is the largest producer of Gas and Oil thanks to fracking. It will take time but if we want stuff we will have to build it ourselves once China collapses. Besides the US and EU, Canada is now increasing tariffs on Chinese Auto. Even BRICS partners India and Brazil have increased tariffs. Soon there will be few to sell your tofu products to.
@Bodybagbart
@Bodybagbart 23 күн бұрын
@@billyehh mf they can just sell it in Asia 😂 china is the bigger market bro do u not realize that? US is fucked.
@JenHope113
@JenHope113 23 күн бұрын
​​@@billyehh nay, Russia, Belarus, South Africa, Asia, Latin America, Spain, Portugal, Turkey, Hungary, Iran , Egypt, Serbia, South Ireland , UAE, Saudi Arabia, Bolivia, Mexico , Jordan, France, Italy, Thailand , Indonesia and more constitute a huge market. By the way, Jimmy Carter and Nixon were the ones who begged China to open up her huge market of consumers to America, in one word - the US keeps it's inflation down by imports of cheaper Chinese products as well as get rich by Chinese products.. China don't need the US market because China's economy is self-generating due to it's huge internal market of 1.4 billion consumers. Hear how world renown economists like prof Sachs, Richard Wolff and Kishore evaluate China..
@vamoua4036
@vamoua4036 23 күн бұрын
@@billyehh3 years after pandemic still not much US made. Store shelves are still empty of domestic and foreign products readily available at dirt cheap prices. Minimum wages nearly doubled but people are getting poorer. Western politicians are clowns.
@leekh2125
@leekh2125 23 күн бұрын
That's the way to go. Why make cheap products for them if they don't appreciate it. Their shops and supermarket shelf will be empty soon.
@bldomain
@bldomain 23 күн бұрын
Hey, China make products from low end to high end. Stop stereotyping them.
@12313846
@12313846 22 күн бұрын
I am Belgian. Don't put the people of Europe on the same list as our European government dictators. They just do as they like..... They are on the US payroll.
@ayapaiz226
@ayapaiz226 22 күн бұрын
normal developed humans dont need food and clothing produces on other side of the planet , by slaves... normal humans walk , ride a bike or drive a gas car... i would never sit in a chinese death trap car
@timsimon6595
@timsimon6595 21 күн бұрын
Your dreaming! The u s replace China with Mexico. Watch.
@jackchiu7560
@jackchiu7560 23 күн бұрын
The question is not whether China stops exports to the U.S. and E.U. The real question is whether the U.S. and the E.U. can stop their imports from China.
@onlytimewilltell204
@onlytimewilltell204 23 күн бұрын
Same as saying china does not need the us the us needs china
@DumpTheDollar
@DumpTheDollar 23 күн бұрын
When usa dollar collapse, usa will have even less wealth to buy from China! The US dollar will be like toilet paper
@damm1957
@damm1957 23 күн бұрын
We don't need China
@PhiloSurfer
@PhiloSurfer 23 күн бұрын
They will have their answers when China stops all exports of toilet papers to the US and EU.
@medialcanthus9681
@medialcanthus9681 23 күн бұрын
👍
@mhasier4u
@mhasier4u 23 күн бұрын
Go BRICS ❤️🎼🎼🎼
@waltbroedner4754
@waltbroedner4754 23 күн бұрын
China's relations with other countries is a two way silk road, the US relations with other countries is one way, their way.
@psfpower
@psfpower 23 күн бұрын
So true 😂
@bellakrinkle9381
@bellakrinkle9381 22 күн бұрын
They sanction their competition, hoping to punish, slow down, their super competition. If the US were economically strong, there would be no need to sanction nations who have better prices for the same quality items.
@TonyZlatko
@TonyZlatko 21 күн бұрын
@@waltbroedner4754 👍👍😁😁👍👍 One way (country) You said ? Then where, the heck, is escape route? Is there somehow blind ? General Custer was confident too.... And lost... his life including.... This kind of people You, Americans, are willing to follow ? I'm not religious to pray efficiently for You!!!! Still there is a chance...............
@lupus7194
@lupus7194 20 күн бұрын
China builds, US bombs.
@markcasila8310
@markcasila8310 16 күн бұрын
that is china with theyr debt traps and the sealk road that they want to inundate all coutnries with theyr products and dominate the world ...
@desmond7914
@desmond7914 23 күн бұрын
BRICS saved the world.
@bellakrinkle9381
@bellakrinkle9381 22 күн бұрын
Are saving the world!
@TonyZlatko
@TonyZlatko 21 күн бұрын
@fesmond7914 Not yet, I would say but they are on good path..... Do You agree??
@desmond7914
@desmond7914 21 күн бұрын
@@TonyZlatko Of course I agree, US being ignored by many countries who weren't dare to do so in the past. Just look at Zelensky peace antics in Sweden recently. Because China not attending, US saved face by not attending as well, knowing very well nothing could be achieved without the presence of China and Russia.
@TonyZlatko
@TonyZlatko 21 күн бұрын
@@desmond7914 It's quite too premature to tell world is ignoring US..... But many people, nations, countries don't see US as a supreme "arbiter( or judex) veritatis... - judge of righteousness anymore... New era is coming!.. Is USA able to and willing to cope with it ? Mr. Biden's administration for sure not ! Mr.Trump's may be the next one ? I don't know him enough. Still he is the most pragmatic between all significant politicians of today's USA..... And he is real American (faults included). Most important, he is pro America..... I'm not Amecan.... Just a guy from somewhere, but not Russian too....
@riceball4u172
@riceball4u172 23 күн бұрын
American and EU citizens keep saying don't buy Chinese, now China fulfill their wish.
@psfpower
@psfpower 23 күн бұрын
Actually their consumers didn't say that, it was their elite politicians that wanted to block Chinese products, in the name of protecting their own industry , and also " national security". In return, they get high inflation, only fools wouldn't understand this.🤣🤣🤣
@daraghokane4236
@daraghokane4236 23 күн бұрын
I'm Irish I have no issue with buying From China
@damm1957
@damm1957 23 күн бұрын
Good
@Luming-di9rf
@Luming-di9rf 23 күн бұрын
...NOW
@ssrae-2229
@ssrae-2229 23 күн бұрын
last sentence : now China fulfill their wish.. ✅
@alitiger7813
@alitiger7813 23 күн бұрын
China good example of world. China helping for world ❤❤❤
@damm1957
@damm1957 23 күн бұрын
China helping self
@fransjebik8554
@fransjebik8554 23 күн бұрын
​@@damm1957 Help first your self then you can help others. 😅
@afizi1213
@afizi1213 22 күн бұрын
china help asia afrika and south amerika yeaaa
@mohdfauzimohdshariff5770
@mohdfauzimohdshariff5770 23 күн бұрын
China should Enrich countries other than western countries as to create new demand. This in return will enable to trade with those countries better...
@adamiskandar5107
@adamiskandar5107 23 күн бұрын
China is doing exactly and the US/West are unhappy because they have lost the power to control these countries.
@caneestudio
@caneestudio 23 күн бұрын
This will help other countries - Asia,Latin America, Africa, & others.Yes these country would cut down with Europe and America.😊
@ranar1036
@ranar1036 23 күн бұрын
The US and EU market population is a small fraction of the world population, barely one eight. China can export to the other seven eighths, easily making up any loss elsewhere!
@shooting4star2023
@shooting4star2023 23 күн бұрын
XiaoMi never exported phones to the U.S. They didn't even try for exactly this reason.
@bartsimpson8616
@bartsimpson8616 23 күн бұрын
they dont know that cnn doesnt tell them , they are convinced there is No world behind Walmart.
@billyehh
@billyehh 23 күн бұрын
True, but they are the ones who have the money to pay for things. I don't think you will sell many EV's in Rwanda.
@tonysu8860
@tonysu8860 23 күн бұрын
Your logic is all wrong Numbers of potential buyers mean nothing if they are destitute and poor
@Taz48-iy8vd
@Taz48-iy8vd 23 күн бұрын
@@billyehh what % of china's exports is electric vehicles ?
@PIT72100
@PIT72100 23 күн бұрын
The US and EU products are too expensive for what they are ...... better buy value for money products from China... Viva China 🇨🇳🧠🧠🧠💪👍👏🙏🥳🍻❤️🥳🥳🥳🥳🥳
@nickl5658
@nickl5658 23 күн бұрын
Especially when western products have designed obsolescence built into them... so for all their quality, they are built to self destruct are set period of time... thus are no better than cheaper chinese products which break down due to lower built quality rather than be designed to do so.
@kaleeysmith8801
@kaleeysmith8801 22 күн бұрын
@@nickl5658 yes, i learned that the hard way, is better to buy off chinese products than the west.
@fkoff7649
@fkoff7649 21 күн бұрын
IT'S NOT CHINA REDUCED EXPORT TO THE U.S. AND EU BUT BOTH U.S AND EU INCREASED TARRIFFS TO CHINA BEC OF POOR QUALITY AND OVERSUPPLY BUT LESS DEMAND. CHINA IS JUST CLEARING UP ITS TAINTED NAME, CHANGING THE NARRATIVE TO NOT LOSE FACE.
@abilardoramirez8436
@abilardoramirez8436 20 күн бұрын
Expensive but original compare to china disposable all items
@anitarossi5871
@anitarossi5871 23 күн бұрын
I am absolutely in favor of economic/financial multipolarity but as a citizen of the world I would like finance to also be linked to the promotion of civil, human and social rights which puts man at the center and not power and wealth. This is the real revolution!
@adamiskandar5107
@adamiskandar5107 23 күн бұрын
So tell me exactly, who controls the world's financial system and how have they promoted civil, human and social rights and more importantly, how have they put man at the center, not power and wealth?
@bellakrinkle9381
@bellakrinkle9381 22 күн бұрын
@@adamiskandar5107 It begins with Multipolarity. However, the US desperately insists on its failing UNIPOLARITY.
@anitarossi5871
@anitarossi5871 22 күн бұрын
@@adamiskandar5107 I know you're absolutely right. I live in the privileged part of the world but now everything is changing fast. People don't realize it yet because politics fills them with propaganda, which is why I make this gesture to alert people to keep their attention high. It won't help but who knows...
@nigelliam153
@nigelliam153 20 күн бұрын
@@anitarossi5871well you have the WEF trying to drive the working class back to 3rd world standards
@zahin0101
@zahin0101 23 күн бұрын
World truly realized what a Monster America is after 2024
@Luming-di9rf
@Luming-di9rf 23 күн бұрын
Always has been a monster.
@adamiskandar5107
@adamiskandar5107 23 күн бұрын
@@Luming-di9rf The kind that was outwardly, 'angelic' preaching about Human Rights, Freedom and Democracy but now exposed for their support of genocide in GAZA.
@Luming-di9rf
@Luming-di9rf 22 күн бұрын
@@adamiskandar5107 The US knows all about genocide but only likes to accuse others of it. And it doesn't shy away from making fake accusations. Yet somehow they can't bring themselves to talk about the ones they committed. Just google "US history riddled with massacres, genocide".
@kaleeysmith8801
@kaleeysmith8801 22 күн бұрын
@@adamiskandar5107 gaza genocide is cause of social media, NOT western media. BUT america+THE WEST, has been genocide nations for last 75yrs+ and most importantly criminal genociders and slave traders for past 500yrs.
@sandy-dev
@sandy-dev 22 күн бұрын
Yes
@leonardmichaelwrinch446
@leonardmichaelwrinch446 21 күн бұрын
Wow we should all move to China ‼️
@kenselin
@kenselin 23 күн бұрын
CHINA is DECOUPLING from the USA + the EU: SMART MOVE. :D Ken, Toronto, CANADA
@peakserv
@peakserv 23 күн бұрын
China can focus on trade with global majority especially ASEAN, BRI and BRICS+ countries. The beauty - trade is conducted in local currencies.
@shiulai5804
@shiulai5804 23 күн бұрын
The world has 193 nations and 8 billion fellow inhabitants. G7 nations total population is less than a billion. When these 7 nations claim that their rules are "international" and their markets are all that matter. Remember these figures.
@adamiskandar5107
@adamiskandar5107 22 күн бұрын
More importantly, their share of world's GDP had been surpassed by BRICS.
@kaleeysmith8801
@kaleeysmith8801 22 күн бұрын
they're racist and arrogant and delusional superioritty.
@larsnystrom6698
@larsnystrom6698 22 күн бұрын
Don't forget, that billion population is buying as much as all the rest of the world does. They don't produce quite as much though, and thus their problems! China isn't going to throw away that market. And they need what China produces. So, we aren't getting a clean separation for quite a while. Tariffs can dampen things for a while, but they makes things more expensive, so anyone who need them are a lower in this game. Removing competition is a sure way to make you less competitive, so nothing gets better.
@kaleeysmith8801
@kaleeysmith8801 22 күн бұрын
@@larsnystrom6698 i don't think china cares about funny money, printed from thin air $euro, $usd, debt currency has any value, used to get free sh1t all over the world, and will NEVER pay back their debt.
@larryc1616
@larryc1616 21 күн бұрын
G7 represents 50% of global GDP 🎉
@cwd5736
@cwd5736 22 күн бұрын
It is time China to trade & supply other countries instead of EU & US. It called a fair share
@sktan3743
@sktan3743 23 күн бұрын
Inasmuch as US and its collectives are desirous to de-risk from China supply chains, China too is de-risking from over dependence on established Western markets. To the extent new markets are opened, the effect of sanctions will boomerang to hurt the western economies in trade reduction. US asked for it, followed by its collectives and China has to response out of necessity to protect its interest. Fair game!
@adamiskandar5107
@adamiskandar5107 22 күн бұрын
Not a fair game, but the right response.
@caneestudio
@caneestudio 23 күн бұрын
The rest of the world should remember that this will allow them to concentrate on growth not been held Ransome by America and EU lesser and lesser.
@weikwanglee4383
@weikwanglee4383 23 күн бұрын
With US and Western sanctions, trade is bound to drop. When US $ crashed, what will US pay trade with.? Hence, trade will dropped further.
@MudMarsh
@MudMarsh 23 күн бұрын
Don’t think so
@larsnystrom6698
@larsnystrom6698 22 күн бұрын
The USD will still be the reserve currency for G7, and it will still be a pretty strong currency. The USD will certainly crash, but not by BRICS and dedollarization. Rather from the US debt, which they don't manage at all. They have to crash it somehow, and the easiest way is to pay the debt with effectively printing dollars. (The FED buying Treasures would do it.) So, in principle a devaluation by flooding the world with $35T, or will it be $60T? What else can they do? Austerity is of cause out of the question!
@weikwanglee4383
@weikwanglee4383 22 күн бұрын
@@larsnystrom6698 . Nay. Without the BRICS alternative , USD can be the reserve currency. With predicted massive devaluation, all holders and users will suffer serious loss of their decades of accumulated wealth. Ain't working. G7 will dumped. At one point, no one will accept us $ for exports to US. This is the coming US crisis.
@awjames1121
@awjames1121 17 күн бұрын
Isa will has to tradebwith solid pure golds or gold bars from now on,,,? Reason all nations dont accept usa unguarantee dollars anymore now,,,???
@ChineseDiaspora
@ChineseDiaspora 23 күн бұрын
To avoid conflict. China should just avoid dealing with the hostile countries. The world still has so many poor countries for China to help in their growth & prosperity,
@fortunenow1
@fortunenow1 22 күн бұрын
I just saw show about the global south there is still close to billion humans on this planet don't even have electricity!
@rubisthere22-Xue
@rubisthere22-Xue 23 күн бұрын
Next will be US consumers have to pay even higher prices for everything.
@colinchia5318
@colinchia5318 23 күн бұрын
Blaming China for over capacity, Joe will have no underwear 😂
@teatree6228
@teatree6228 21 күн бұрын
Excuse me…… incontinence diapers
@giantputt7066
@giantputt7066 23 күн бұрын
Sounds as though the WEF will soon be a thing of the past
@angiebaby9981
@angiebaby9981 23 күн бұрын
I hope so. They brought their deadline forward by five years, from 2030 to 2025. This must be why, and the fact they didn't expect people to wake up, before they got their New World Order up and running.
@timeverson728
@timeverson728 22 күн бұрын
Why is that? They are all partners too they just had a big meeting in China last week lol.
@MonsterHummerH3-zx1no
@MonsterHummerH3-zx1no 21 күн бұрын
The West bullying you mean.🤖
@radhakrishna1845
@radhakrishna1845 22 күн бұрын
China... A harmonious Peaceful blend of.... Ancient wisdom and.... Relevant present day.. Technology.. ❤
@larryc1616
@larryc1616 21 күн бұрын
CCP 🤮
@martindr251
@martindr251 13 күн бұрын
​@@larryc1616US government=corruption, poverty, homelesness, obesity, poor education, racism, crime, WAR 🤢🤢🤢🤮🤮🤮🤮🤮
@lancewood1410
@lancewood1410 23 күн бұрын
Great, now US and EU can enjoy each others expensive goods :)
@ayoobsaleem3821
@ayoobsaleem3821 23 күн бұрын
Excellent information . Keep up the good work
@fransjebik8554
@fransjebik8554 23 күн бұрын
So many American and EU companies in China ..... to block their bankaccounts or so seems a nice idea 😂😂😂😂😂
@larsnystrom6698
@larsnystrom6698 22 күн бұрын
The concept of 'rule by law' is pretty much gone by now!
@fransjebik8554
@fransjebik8554 22 күн бұрын
​@@larsnystrom6698 Yeah we have a good exemple who's already doing so 😂😂😂
@May-cz2uo
@May-cz2uo 23 күн бұрын
Inflation will rise in US and EU. I am so happy!
@smart30976
@smart30976 22 күн бұрын
We boycott the genocide suppoerting countries like US.
@lindagonzalez5513
@lindagonzalez5513 23 күн бұрын
Bravo 👏 time for the global majority/ the forest to decouple from the garden 😂
@jimechols4347
@jimechols4347 23 күн бұрын
SHTF is what happen next !
@PolinGuira
@PolinGuira 23 күн бұрын
CHINA THE SMART COUNTRY AND THE RICHEST COUNTRIES IN THE WORLD
@colinvanderross5825
@colinvanderross5825 21 күн бұрын
@@PolinGuira uhm just don't encourage countries to throw all their eggs in one basket hey,look what happened when almost all of Europe threw all their eggs in one basket with russia and all that leaf to it?????, Experts should stop spreading rubbish but rather encourage individuals countries to become self dependable while still making trade with whomever country they chose.
@acuantjahyadi7393
@acuantjahyadi7393 23 күн бұрын
Buat apa berdagang dengan Amerika jika di bayar dengan uang Lucu
@psfpower
@psfpower 23 күн бұрын
Stupid question, go back to school and learn, please 😭😭😭😭
@larsnystrom6698
@larsnystrom6698 22 күн бұрын
You aren't going to hold on to that funny money. You put it to work before it gets bad. It's not like you have to put it into your reserves! You just have to find investments worth doing, because all fiat currencies are "funny money".
@samuelrossmesa1430
@samuelrossmesa1430 22 күн бұрын
Economic cooperation is the way to go. No room for negative and malicious geopolitics. Hegemony is crumbling.
@SamsonOhsem
@SamsonOhsem 23 күн бұрын
Because Now China is focusing on SEA Market
@SHWHITEBUFFALO
@SHWHITEBUFFALO 23 күн бұрын
Made in Mexico Mexi-CAN 😂🎉 ¡Viva Mexico! US now starting to focus on trade with Mexico and Jai Hind India🤍💚🧡
@patrolmanracv
@patrolmanracv 23 күн бұрын
ah yes the US will continue to destroy Mexico economically as well as itself ..
@psfpower
@psfpower 23 күн бұрын
Good for Mexico👍👍👍 Good luck with India🤣🤣🤣
@larryc1616
@larryc1616 21 күн бұрын
❤Adelitas &HK 💋
@martindr251
@martindr251 13 күн бұрын
How ironic that US bullies Mexico and its people and treat them as lower class and as such, illegal immigrants. Now they are using them for labor and production to satisfy their gluttonous consumerism, just like how they did with China. Mexico should think again before they involve themselves as slaves.
@YJPLAPI
@YJPLAPI 23 күн бұрын
They will import via other countries like they did with their "non-russian" oil...
@adamiskandar5107
@adamiskandar5107 22 күн бұрын
That was the stupidest thing done by the West, as if they had principles. Hypocrites!
@mobasherahmed7451
@mobasherahmed7451 22 күн бұрын
Your content on the subject matter is significantly informative.
@brianhong301
@brianhong301 23 күн бұрын
TELL CN COs not to sell so cheap into the WEST as this will allow them to exact indirect taxes on their people by way of tariffs. People in the WEST will jump up against direct taxes on their income, thus they go indirect picking on CN goods which are cheaper on the pretext of protecting their jobs. The WEST comprises of many technically bankrupt nations desperate to raise their tax revenue. CN goods are of good enough quality thus should sell if pitched price wise close to those being sold in the WEST made by the West.
@baldeagledelta3482
@baldeagledelta3482 23 күн бұрын
Without cheap China goods, how will the US and EU economy survive? If you say bring back the manufacturing to the US and EU but how can they compete with regards to price and volume? It’s not possible at all. All this chest beating antics of the West will boomerang badly for them. Without the West, there’s Asia as a whole, Africa and the Latin American countries to do trade with. The West would not be missed.
@sbludba
@sbludba 21 күн бұрын
@@baldeagledelta3482 America is a welfare state, no American youth will to work in any factories 8-5 jobs, they will have to import Mexicans to do the job.
@nigelliam153
@nigelliam153 20 күн бұрын
Rubbish AI and robotics will remove 70% of the world’s labor market over the next 12 to 20 years. Robotics will make it cheaper to produce at home rather than import goods due to transport costs alone.
@user-vo3bs6lu2i
@user-vo3bs6lu2i 22 күн бұрын
The biggest mistake is America thinking the world needed them 😂
@TonyZlatko
@TonyZlatko 20 күн бұрын
@@user-vo3bs6lu2i 😄👍👍👍👍 Then we may expect of broadening of their egomania.... Soon they will yel : All Solar system is ours..... And later : Whole Milky Way is ours.... Until somebody will get pissed of, and tells them: F.U. enough, from now everything is mine and kicks them ........on Pluto .....
@dalezygadlo9693
@dalezygadlo9693 22 күн бұрын
The economic sanctions imposed by the U.S. & other NATO nations against China, Russia, Iran and other nations; are the major factor which is leading to drastic consequences. If there is a demand for a product there will always be someone to provide it. The buyers will gravitate toward the sellers. By employing sanctions based upon political reasons the US & EU are basically cutting themselves out of the trade loop. This results in the dollar being used less in international trade. The demand for the dollar falls & leads to a devaluing of it's buying power.
@mooreshady
@mooreshady 23 күн бұрын
🇦🇺 welcomes you 🇨🇳
@jarrodwilson2382
@jarrodwilson2382 23 күн бұрын
And your trade😂
@dt_2
@dt_2 23 күн бұрын
The only problem that we have is the politicians....
@ImportedFromSerbia
@ImportedFromSerbia 23 күн бұрын
That's the reason trucking businesses struggle, and many truckers have no loads enough to keep them paying bills.
@amilaperera1
@amilaperera1 23 күн бұрын
Appreciate your presentation with numbers / figures
@lovellesokan9107
@lovellesokan9107 23 күн бұрын
6 yMost west Africans are going to China or importing also.china traded with west Africa, many years prior to trading to thecwest. They used to called Made in china as inferior products until about 1986- 1990..
@zeeone4492
@zeeone4492 23 күн бұрын
Africa should be making their own things
@TheOrangePatriot
@TheOrangePatriot 23 күн бұрын
you think china cares about africans lol boy you lost
@adamiskandar5107
@adamiskandar5107 22 күн бұрын
@@zeeone4492 I am sure they will progress and achieve most of their ambitions, working with the right partners.
@ricosubekti1450
@ricosubekti1450 22 күн бұрын
if China makes it easier for foreigners to become Chinese citizens. I'm sure billionaires will move there. Who doesn't want their business to be supported by government finances? in western countries the country takes tax money from billionaires.
@user-gb1pj5ns2x
@user-gb1pj5ns2x 22 күн бұрын
Thank you for this report, it is very good news and I believe is encouraging to many Americans (& Western world) that craves for an oncoming, healthy, strong Multi-polar World, where we all benefit. How far the great country of China, India, Russia, and others in Middle East, Africa...that whole rest of the world we for so long have never sought out enough and become allies and friends with. With all the adversity and opposition from the West to rule as the hegemonic sole power & hold others back, I have hoped for decades, as I observed the plan for one to control all others, that despite all opposing forces to keep others down, that they will prosper, help the world to see what is possible besides imperialism and never-ending wars. God help us. In my final years in the 9th decade may I have more joy, more peace in seeing less darkness and more light among the nations. Russia, China, Iran, the world in general will still land on the side of diplomacy and friendship if we will quit declaring enemies that are not our enemies.
@mrpj1390
@mrpj1390 23 күн бұрын
So this is why I can't get some of my packages?🤔
@a.healani9296
@a.healani9296 23 күн бұрын
Perhaps America has an Opportunity to bring back our own Self-determination?
@darkcloud5830
@darkcloud5830 23 күн бұрын
LOL. Americans don't know how to do anything correctly.
@rogerstarkey5390
@rogerstarkey5390 23 күн бұрын
You could do so, but you need to remain, or become competitive, so you may have to lower wages....? Good luck with that And you'll need the skill set to match, but you "exported" much of that when you sent the production overseas Trying to exploit cheap manufacturing in..... China) . Dilemma?
@zeeone4492
@zeeone4492 23 күн бұрын
Yeah, that's not going to happen
@mrpj1390
@mrpj1390 23 күн бұрын
The big corporations will never let that happen. They would have to pay Americans 30 times more than they do those in those Chinese factories.
@mephisto2812
@mephisto2812 22 күн бұрын
self determination? I don't think there is enough determination they can have to be able to dominate the world of production since no one in EU would work for 5$ an hour. This is the beauty of having control over your own currency. Being able to trade with local currency helps every country grow and soon, the low population of EU would not be able to sustain itself. America kept stealing all countries with good inventions and the lies they put in media are just sickening. Those products are created by different ideas from different nationality, and America only put in money as they only have that to steal other's work. now that all these countries will soon have better value for their currency, they will be able to produce more high tech equipment and advance their tech industries. that is the truth of it all, and one of the reason no one trust EU specially America. Demonrats will soon inform you all that all the high tech products are american invention but that will soon be debunked. Those products were stolen then forced to be made in America for the sole purpose of claiming its theirs. Once America gets cut off from the world, their lies will quickly break down and truth will come hitting like a meteor.
@celinedury
@celinedury 22 күн бұрын
I'm very happy for you!
@rolandpermal
@rolandpermal 22 күн бұрын
Your right right must be respectfully adhere
@milanuhliar8315
@milanuhliar8315 22 күн бұрын
SLOVENSKO : Národy EÚ , USA a Izrael si zaslúžia lekciu ! Západ kradne peniaze iným národom !
@Fegga1955
@Fegga1955 20 күн бұрын
Amen.Each country should have own manufacturers,factories and not cheap stuff making China stronger and us all poorer
@patrik-vw4ek
@patrik-vw4ek 20 күн бұрын
Good move China.
@wilhelmmeyer89
@wilhelmmeyer89 21 күн бұрын
A logical step
@charlesprasad9836
@charlesprasad9836 20 күн бұрын
Wonderful news
@alextan6551
@alextan6551 22 күн бұрын
who doesn't want cheap n quality product
@dianesanderson930
@dianesanderson930 22 күн бұрын
Definitely. Good products, with a reasonable life time & those mechanical products which are able to be repaired.
@donnahall-kumar333
@donnahall-kumar333 21 күн бұрын
Thank Goodness...now America let's get busy delivering safe products to the people ❤😂🎉👀👂👂✨❤
@mitchellhall4592
@mitchellhall4592 23 күн бұрын
Good
@charlesparker4481
@charlesparker4481 22 күн бұрын
I hope this is just the beginning and others follow them.
@Carrot8771
@Carrot8771 19 күн бұрын
It's not a total export ban. This is only for military items. We'll live .
@adalberteinstin5137
@adalberteinstin5137 22 күн бұрын
The good thing is, that the transition to EV and solar is driven only politically and as such can be changed in a moments notice.
@jasonpowell584
@jasonpowell584 21 күн бұрын
China for the win
@youngw1ze
@youngw1ze 21 күн бұрын
Potentially could raise the standard of living for people all over the planet...
@JenHope113
@JenHope113 14 күн бұрын
No more overcapacity, your wish is granted 🤣🤣🤣👍
@davidbeaulieu7168
@davidbeaulieu7168 23 күн бұрын
Maybe we can bring manufacturer’s back along with needed jobs
@huntermarrs5179
@huntermarrs5179 23 күн бұрын
Seams like some manufacturers can put some Americans back to work
@johnlance-bu6jj
@johnlance-bu6jj 23 күн бұрын
Only problem is , Americans don't want to go back to work . Old saying goes , If you are happy with the crumbs from the rich man's table ,crouch low and lick the hand that feeds you ." Seems like American workers are fed up crouching low and licking the rich mans hand .
@huntermarrs5179
@huntermarrs5179 20 күн бұрын
@@johnlance-bu6jj guess you don’t live around the people that would love to go back to work. Pride is more important than welfare
@swapansinha5717
@swapansinha5717 22 күн бұрын
We all bricks countries should have helped each other...
@chriswong9158
@chriswong9158 23 күн бұрын
USA is playing Checker, when Russia is in the Chess game, as China PRC continue in it's GO play in World Trade
@jackjon5373
@jackjon5373 23 күн бұрын
Inaccurate! China would never stop exporting!
@ohlipbench
@ohlipbench 21 күн бұрын
Good, no more useless product.
@AnthonyFry-zx8lt
@AnthonyFry-zx8lt 21 күн бұрын
That's why they're so strong right now free trade
@claudetteleece8076
@claudetteleece8076 23 күн бұрын
I like that you just give facts and don't inject your politics in it, like so many other channels
@ALWH1314
@ALWH1314 23 күн бұрын
Chinese is smart and pragmatic businessman, wonder how much of these exports went through ASEAN countries indirectly to US and EU?
@MarinaDiaz-dp3dx
@MarinaDiaz-dp3dx 23 күн бұрын
THERE IS SIMPLE NO WAY TO BEAT CHINA NO WAY JUST THINK THEY ARE SO WELL EDUCATED 1,400 MILLIONS 100M ENGENEERS 100MILLION
@johnlance-bu6jj
@johnlance-bu6jj 23 күн бұрын
We don't need to beat China. We have diversity , inclusion , and minorities get moved to the management positions . IQs of 80 goes a long way in America. Isn't that right Alfonso !
@dianesanderson930
@dianesanderson930 22 күн бұрын
We all need diversity, not one size, colour, pattern, variety fits all. We're each unique & have our own preferences & should be able to select what we want to buy *&* according to our income.
@little_volcano
@little_volcano 23 күн бұрын
“Stop” is too much of an exaggeration. China's still No.1 trading partner to EU and US if I'm correct
@adamiskandar5107
@adamiskandar5107 22 күн бұрын
The high tariffs and new reality will kick in sooner or later. China had prepared for years for what is happening while the West was just trigger happy without thinking of the consequences.
@pachuco1815
@pachuco1815 16 күн бұрын
Good move China! Changes are happening worldwide
@stanleykachuik2589
@stanleykachuik2589 23 күн бұрын
This is an example of how KZbin is becoming dominated by AI content.
@johnpereztwo6059
@johnpereztwo6059 22 күн бұрын
China needs to focus more on high tech high value added products . High value brands for service and food industry . Banking and finance . Space and deep sea . Oil and has and rebeqables . Leave the low value added to africa and other emerging nations .
@queenlip6152
@queenlip6152 23 күн бұрын
Cheaper prices & faster delivery for other countries. Higher prices and possible intermittent delivery for America! 😂
@TerraSt0rm
@TerraSt0rm 15 күн бұрын
China just lifted the Tariffs on Australia, and offered Australian passport holders visa free entry into China. Obviously we are not causing issues for them, thank God.
@TheBluesman511
@TheBluesman511 22 күн бұрын
Stop or reduce ???? What are you exactly talking about ? Stop or reduce?
@cliffordtan8799
@cliffordtan8799 22 күн бұрын
Excellent! Today' s China is not 20th century China!😂
@Forex_Guruji
@Forex_Guruji 22 күн бұрын
China has invested heavily in Italy.....so how can they draw back exports atleast there
@TopQuality-ms6uf
@TopQuality-ms6uf 22 күн бұрын
No longer Petrodollar, swift will disappear soon. Bank closures, what next.
@harryniedecken5321
@harryniedecken5321 9 күн бұрын
Good, the trade deficit is too high already
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