martybegan
Diamond Member
- Apr 5, 2010
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I think the internal conditions are different, but I am not sure if that helps the Chinese leadership or hurts it.
During the waning days of the Soviet Union, The Russian population was still poor, still dealing with good shortages, but due to the liberalization of Glasnost and Perestroika they finally got to see how shafted they were. The impact of the Eastern Bloc also pulling away is something China does not have to deal with.
However, China's people are far more affluent than the Russians were, however they actually have far less political power.
Trade is the key here. The US has the goods the Chinese people want, the ones used by the Chinese leadership to placate them and make them accept their limited political power.
The only thing we have that they wanted was produce and they can get that elsewhere. They already are.
So the only thing we trade with them is soybeans?
Also, they are having issues getting enough soybeans from other sources.
They quit buying them. They have not collapsed.
How soybeans became China's most powerful weapon in Trump's trade war
They can buy soybeans. They only purchased them from us because it helped offset the trade imbalance. They could have got them elsewhere before.
Bloomberg - Are you a robot?
Figures you are rooting for China in all this.
I'm simply stating facts and more places than Russia and the U.S. can grow soy beans.
The question is can they grow enough, and at a agreeable cost. The US agricultural sector is pretty much unmatched in the ability to grow large amounts of produce for minimal cost.