Beijing's measures come in the wake of duties imposed by U.S. President Donald Trump's administration earlier this week.
  • China’s finance ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10.
  • The ministry criticized Washington’s decision to impose 34% of additional reciprocal levies on China — bringing total U.S. tariffs against the country to 54% — as “inconsistent with international trade rules.”
  • U.S. stock futures and European markets fell sharply on news of the reciprocal tariffs.

https://archive.ph/ZmcZJ

  • jumjummy@lemmy.worldEnglish
    3612·
    1 day ago

    Not a chance. China’s massive xenophobic approach to anyone non-Han Chinese will severely limit their potential.

    Point out all the racism in various Western countries, and it pales in comparison to what goes on in China.

    • jaxxed@lemmy.mlEnglish
      1·
      38 minutes ago

      There are plenty of economic and demographic problems to solve.

      • ERROR: Earth.exe has crashed@lemmy.dbzer0.comEnglish
        71·
        17 hours ago

        Depends…

        I would say: Blue Jurisdiction in the US > Tier 1 City in China (Beijing, Guangzhou, Shenzhen, Shanghai) > Red Jurisdiction in the US.

        But then you also have to factor in the reach of the government. You can’t criticize the Central Government of China, likewise, nowadays, you cannot criticize the Federal Government of the US. (Also, don’t have tattoos, authoritarians hate it)

    • ERROR: Earth.exe has crashed@lemmy.dbzer0.comEnglish
      82·
      17 hours ago

      Point out all the racism in various Western countries, and it pales in comparison to what goes on in China.

      Only applies to “Liberal” cities. A conservative town in the US could potentially be worse than a Tier 1 City in China.