Jasin wrote on Oct 18
th, 2026 at 1:53pm:
China is heavily dependent on exploiting USA as in the past.
Indeed - except the US, after China's ascension to the WTO in 2000, willingly let itself be 'raped' in the name of free trade.
Just as had occurred 2 decades earlier, in the "free-trade" in cars between Tokyo and Detroit...
Quote:Trump has pulled the rug out from under China 🇨🇳 with his tit for tat tariffs.
Well... Trump has certainly prevented US competition with better value Chinese EVs....
Quote:As such, China cannot compete on such a level playing field now.
Level playing field?
State-sponsored development in China has proved unbeatable under WTO rules - now the US can't compete.
Meanwhile China's trade surplus with the rest of the world keeps increasing...
(googe AI)
China's trade surplus reached $938.11 billion in the first nine months of 2026, driven by a record monthly surplus of $133.53 billion in September.
Key Data & Drivers
• First Nine Months: The cumulative surplus of $938.11 billion puts China on track to exceed last year's record $1.2 trillion annual total...But I agree, "freetrade", that bastard concept of Neoclassical economics, has shown itself to be unsustainable, with democracies everywhere now failing to deliver for their citizens...