electricsurfer47 said:I don't know, I'm just not convinced that sanctions would hit China the same way they hit Russia.
You have to look at the bigger picture here.
We in Europe and America are incredibly dependent on Chinese products. So much of everything is made there. They already have all the manufacturing infrastructure set up, and they can produce stuff so cheaply.
If we slapped major sanctions on China, the little bit of production we have left in Europe and the US would skyrocket in price because the demand would be through the roof.
Look at places like Mexico, Canada, or India—they didn't jump in with sanctions, and instead, they seized the opportunity to get cheap gas because they were actually in a position to do that.
And what happens if we actually sanction China? Aren't we just making poorer countries stronger in the process?
Sanctions against China might just end up empowering Russia, because out of pure obstinacy, China will just pivot back to the Russian market. The same goes for North Korea and any other countries that aren't exactly on good terms with the West.
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I'm not a Russophile, nor am I some kind of China enthusiast, I just want to point out that there’s a limit to how far you can push sanctions before they backfire.
Yeah, sure, China will pivot to the Russian market out of pure Stubbornness—except that market is a third of the size of Japan's. It's like saying America is going to ditch the EU and The West to focus on the Albanian market and suddenly become a superpower. That's the level of logic we're dealing with here.
But let's stick to the actual facts. The Chinese economy is sitting on $35 trillion in debt, and they need constant growth just to keep up with principal and interest payments. If the US hits a recession soon, it's going to drag China down with it, regardless of who they decide to trade with.
Every country on the planet has thrived by using the dollar and trading with The West, including China. Long-term, The West can move manufacturing from China to somewhere like India, but China can't survive without access to Western markets. At the end of the day, China is still basically just a massive factory that copies technology.