Quote (thesnipa @ Dec 11 2024 12:07pm)
be more specific and maybe i can answer.
Soybeans from the US to China down from 40% of Chinas import to 18% with Brazil stepping in as the substitute
US corn has dropped, again Brazil the substitute for 71% of corn
US Integrated Circuits are down over 30%, with various substitutes from Europe and Asia
China started 350 semiconductor projects last year with more on the horizon
China working on chip manufacturing
China now importing most of its liquefied natural gases from Australia, 40% reduction from the US
China has adopted a variety of anti-food waste laws to prevent wastage since 2021
Chinese policymakers have emphasized since 2022 imports of wheat and barley from Russia instead of the US
China dumping US Treasuries
I'll stop there and suffice to say that China is positioning itself to be self-reliant from the US
This post was edited by MildSambal on Dec 11 2024 12:37pm