How China Might Actually Handle a US Trade War
Episode publishedPodcast: Odd LotsOdd Lots
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Hello, and welcome to another episode of the Odd Thoughts podcast. I'm Tracy Alloway.
And I'm Joe Weisenthal.
So, Joe, one thing I find interesting about China, or maybe I should say one thing I find interesting about how the world views China Yeah. Is it seems to be this economy that is always simultaneously a massive competitive threat, especially to The US. Sure. And then simultaneously, it always seems to be on the verge of some big disaster caused by too much debt or bad demographics or the collapse of the housing market and so on. So for as long as I can remember, China has been a bundle of contradictions. No.
Totally. And, look, there are very good reporters on China, and there are very good analysts on China. But throughout my entire career, I completely agree with you. There has always been that narrative of the imminent disaster that is the Chinese economy, whether it's the housing bubble is going to collapse, which it kind of did, and maybe we'll talk about that. Or you mentioned demographics or you know, all this overcapacity that if there's a little bit of reduction in demand, they'll have mass unemployment, etcetera. And, again, by and large, the Chinese economy from my outside perspective,
To say the least. For sure. Okay. So speaking of hiccups, now that we have this new tariff regime from the Trump administration, I think we're getting even more contradictions. Right? So we hear that tariffs are gonna be disastrous for the Chinese economy. Sometimes we hear that they could be a good thing if they encourage Chinese citizens to actually consume more than they save. So maybe this is the impetus for actually finally restructuring the Chinese economy. We hear stuff like export controls are going to impede China's technological development, but then you also hear that the export con
That's right. We talk a lot about The US economy and potential of empty shelves and market reactions, but we have not talked about this story from the perspective of the Chinese economy right now.
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