They have a near monopoly on rare earth metals.

Good luck producing all those fancy phones when you can't buy the raw resources for them.

You can't pose a threat to the U.S if you're indirectly dependant on the U.S customer base

Something which is rapidly changing

A. The American customer base dependency and B. The export focus.

No it isn't. As the recent trade war has clearly shown where the Chinese yuan is dropping in value much faster than the U.S dollar is.

China is moving away from mass-exports for the very reason you said.

If China was "overtaking" the U.S economy, it would've been the other way around.

No, not at all.

They're moving away for the very reason you mentioned earlier.

They want stability, first and foremost.

https://seekingalpha.com/article/33576-chinas-new-economic-model-moving-away-from-export-led-growth

"Joseph Stiglitz, the Nobel laureate in economics (who was a professor at Stanford during my Stanford years) says in his new article "World has much to learn from China's new economic model" that China is employing a "new economic model" to move away from export-led growth that other East Asian countries have pursued. China recognizes that things that worked in other countries may not be suitable to China's unique situation. "

"They're moving away". I don't care. They haven't moved away yet. Their economy is still grossly dependant on cheap mass exports. Whatever cute plans the chinese might have will not help them TODAY.

They started this in around 2011

And your argument "we could cripple China by doing X", I don't care about that

Yeah and their projects necessary to make this economic shift will take decades.

Because it's not realistic.

Something that won't happen.

You'll NEVER see an embargo against China.

Or something of that nature.

It will happen if China were to actually pose a threat to the U.S. Which they're not.

Like I said earlier, you're talking about fantasy.

You severely underestimate China.

No I'm just saying what the current situation looks like.

You don't even know what the current situation looks like.

Clearly more than you do 🙂

You weren't even aware China was moving away from an export-focus.

I had to show you, they were doing that <:pot_of_kek:544849795433496586>

Do you know what the belt and road initiative is?

Yes I was. What I said was that I don't care what their plans are, because they do not change the current situation.

It's like saying that you "don't have a housing crisis" because you "will build more houses IN THE FUTURE".

YOur future plans does not change the problems of today

```The U.S could kill china with one single trading embargo``` <:pot_of_kek:544849795433496586>

Yes I know what it is. It's just irrelevant to my point.

Yet if you understood the situation, you would change your analogy.

Anyhow, you clearly don't have anything more interesting to add here. Too much of a China fanboy

Weird how I showed you a successful authoritarian country.

Do you even know what the term "trading embargo" means?

:Yawn:

Oh I don't have that emoji anymore :/