Yaseen1
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factories relocation requires half to one decade until that time many such events will occur which may effect this process,when china promote their own domestic currency instead of dollar for trade with these countries poverty will end in these countries and u.s and europe will become less rich,also demand of russian and gcc oil will rise once china buy their oil for production using their own currency instead of dollars and in return sell their products to these nations
I now have started to doubt your understanding of economics. It's India whose economy is driven by domestic consumption and China is a export driven economy so China is going to suffer severely. And majority of China's revenue come from Europe and the US which are now reducing trade with China. Russia is a weak economy suffering from fall in crude prices and so is the case with ME and GCC countries, they can't contribute much to China. Pakistan's economy is on the verge of collapse and it's aid money and waivers that keep it going. North Korea is a dysfunctional state and totally dependent on China for its existence and Sri lanka imports majority of its supplies from us. And that includes railway engines, automobile, weapons and lot of other essentials. So again china is screwed.