I'm really concerned about China's trade surplus
... like, I get why they wanna boost their economy and all, but it's starting to hurt a lot of other countries that rely on manufacturing
. Mexico and India already have tariffs in place, and the EU is talking about reforming the WTO... it's getting pretty messy
.
I don't think China's mercantilist policies are the best approach, tbh
. I mean, if they open up their market to more trade and stuff, that would be awesome
. It could help preserve globalization and all that jazz
. The thing is, if they keep going down this export-led path, it might just validate the US's decision to withdraw from the global economy... and that wouldn't be good for anyone
.
We really need China to step forward as a global leader and promote more reciprocal trade practices
. It's not too late for them to change course and help stabilize the trading system... but it would take some major shifts in their policies
.
I don't think China's mercantilist policies are the best approach, tbh
We really need China to step forward as a global leader and promote more reciprocal trade practices