Martian2
SENIOR MEMBER
- Joined
- Dec 15, 2009
- Messages
- 5,809
- Reaction score
- -37
China's nominal GDP is about $14 trillion (due to currency appreciation) for 2018.CHINA will need to keep swallowing anger and humiliation to sustain, other than that who are they gonna export to
China's exports are $2 trillion per year. The US accounts for 18% of Chinese exports.
This means Chinese exports to the US represent 2.5% of Chinese GDP.
If the US halted all Chinese exports to the United States then China's GDP suffers a one-time loss of 2.5%, which is negligible.
The long-term solution to replace the US market is for China to reclaim Outer Mongolia and establish a population of 300 million Hans to buy "exports" from mainland China.