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Shopon hossin
Jul 14, 2022
In General Discussions
In economic terms, the People's Republic has Country Email List been in a development phase for some time, in which it is moving from quantitative to qualitative growth and focusing more on the development of the domestic market. This next step of Country Email List development also requires open markets, functioning supply chains, and a rules-based international order. Unlike Russia, China is not interested in destroying the existing international order. It Country Email List will be crucial for the country to closely watch how the West attempts to shape deglobalization to its advantage. The United States has considered Country Email List China a key geopolitical adversary, not only since the presidency of Donald Trump. In the perception of the European Union, China went from being the largest market to being a strategic rival, If the United States, Europe, Japan, and countries like South Korea, Canada, Australia, and New Zealand Country Email List prioritized – in reaction to Russian aggression in Ukraine – security and defense issues over economic and welfare issues, and were willing and able to make the necessary sacrifices, China's trade could be negatively affected. In addition, hehe new dimension of Western sanctions, surpassing anything Country Email List previously known, will have far-reaching effects on the global economy. China is vulnerable in this area because the Country Email List United States, Europe and Japan remain by far the most important markets for Chinese exports. If access to the markets of these countries were to be significantly restricted, China would need other Country Email List markets or its own internal market to compensate: neither of these options seems feasible. In addition to shrinking export markets, China is finding it increasingly difficult to access high-tech from the West. Not only the United States has imposed sanctions on Huawei and semiconductor Country Email List companies. There are also European governments that have recently banned Chinese acquisition of cutting-edge technology.
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