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Important stats to numerically test the claim that China will be hit hard by tariffs because of “reexports.” 20% of China’s GDP is manuf. exports; 65% of that is domestic value-added; 20% of that’s final demand is from the US: total exposure to U.S. demand is .2x.2x.65=2.5%.

China will not bow to blackmails, threats or bullying. As Chinese embassy to the U.S. said, if war is what the U.S. wants, be it a tariff war, a trade war, or any other type of war, we’re ready to fight till the end.

Peking University Yao Yang: “I openly tell Americans that you are making a historic mistake. U.S. policies aimed at suppressing China’s technological development have not only failed to stop China’s technological progress but have actually accelerated it.” eastisread.com/p/yao-yang-say…

It is worth noting that Trump always places his hope for Sino US relations on "Xi and I are friends", while the Chinese government always places its hope for Sino US relations on "the Chinese and American people". This is a fundamentally different perspective for human soceity

Zuoren is a Chinese concept whose meaning is lost no matter how you translate it. On the surface, the characters for zuoren 做人 literally mean "being a person," but to the average westerner who did not grow up around this concept, this explanation is meaningless. 🧵

The era of rules-based globalisation is over. We are now in a period of transition - uncertain, unsettled and increasingly unstable. The road ahead will be harder. The dangers are real.

The arrogance on display right now by Team MAGA and their acolytes, saying that China “has no cards to play” reminds me of how confidently MacArthur was saying China wouldn’t get involved in Korea right up until October 1950. 勿谓言之不预

China will lift the additional tariffs on products imported from the United States to 84 percent, effective from 12:01 p.m. Thursday, the Customs Tariff Commission of the State Council announced Wednesday. #XinhuaNews

The low-intellect members of the Trump administration are now realizing that the U.S. stock market valuation depends heavily on trade, not just between the U.S. & the rest of the world but mostly WITHIN the rest of the world.

An important message on “China will fight to the end if the U.S. insists on tariffs war.” Chairman Mao in 1953: As for how long the war will last, I think we don't need to decide. We'll fight as long as they want, until we accomplish the complete victory.

The U.S. tried to weaponize food against China. Now Brazil feeds the dragon, and Washington's farmers are left holding the bag. This is how China secured its most sacred asset: the People's Rice Bowl. aspistrategist.org.au/brazilian-soyb…

You talk like Chinese workers showed up with a crowbar and stole your jobs, when it was American CEOs who outsourced them to cut labor costs. You weren’t pillaged. You made a deal, then blamed the other side for honoring it. Have you said thank you once?

I understand why the US hates China now. China has built one of the most advanced countries in the world and didn't have to bomb, invade, assasinate, stage coups, or blackmail to do it. China has dropped no bombs, invaded zero countries, been in zero wars in our lifetimes and

Brenden Dilley Crush China? You can’t even hold your own country together. The only thing USA is capable of crushing these days is their own credibility.

Interesting. Lutnick believes China’s real trade surplus with the US is just under one trillion dollars, including reexports. That’s equivalent to the entirety of China’s trade surplus. So there is no real demand in the world apart from the US?

About 200 years ago, during the Qing Dynasty, China exported a large amount of inexpensive porcelain, silk and other raw materials to the West, but rarely imported Western goods (the self-sufficient peasant economy model did not require imports), so it obtained a huge trade

The west is so good at propaganda, doing it so exquisitely, much better than CCP ever did, that even the elites themselves are actually brainwashed to believe their own propaganda. (Most Chinese elites, however, never believe ours)

China is currently dominated by high IQ industrialist/engineer types. Going for US style empire will elevate midwit wordcels. The most important thing for China is to maintain social-political dominance of high IQ engineers and keep the midwits out of power.

Boeing is trading down -3.5% this morning while Airbus is trading up +0.5% this morning on the news that China will not be buying from Boeing anymore. The tariffs are turning out to be a historic punishment on the American people and a historic opportunity for non-American