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sfphoto Post time: 2019-1-7 08:09
It’s US politics that is driving the economic tensions not the other way around as the US Globalist ...
Partly I agree. Most of western globalists do not want a military conflict with China, because such would not improve anything over what they have already been getting from China.
If there will be such military conflict, it would not be about trade or economy, but geopolitics.
However, when China's reforms started, what western globalists wanted is not quite the same as what they'd want today. Now they want access to Chinese consumers, when before they wanted cheap China-made goods for their own consumers.
In past whatever heavy-handed controls China applied to its population, and what some westerners criticize China of, served the western economic interests better than any war would have. But that too will change, when those interests move from manufacturing in China to sellling products and services to Chinese market.
Internet for example has changed this picture a lot, and internet in China specifically is still largely off-limits to foreign businesses, as is media overal.
Generally speaking, I think that these trade frictions will smoothen out some sharp edges, and then become business as usually. Meaning that some level of friction is normal in trade relations, and should not be feared or politicized. China, and other countries in relationship with modern China, are still in learning phase.
All-out military confrontation is certainly off the table, because leaving either or both country in ruins will not serve economic interests on either side.