Professor Keyu Jin, from the London School of Economics, believes that if it comes to a trade war, it is probable that China will win over the US. "A trade war would undoubtedly hurt both sides. But there is reason to believe that the US has more to lose," she writes. How exactly? China had a trade surplus of $336.2 billion with the US in 2015. So, if China is earning more then logic dictates that it has more to lose. The US will apparently lose millions jobs. "If China switched from Boeing to Airbus, for example, the US would lose some 179,000 jobs." Maybe. But Airbus is not sitting around waiting for Chinese orders. China will have to wait a lot longer for the planes to be delivered and, with choice restricted to just one supplier, will probably have to pay a lot more. "Soybean-producing regions could lose some 10% of local jobs if China halted imports." There is nothing to stop farmers switching to other crops. China will disrupt supply chains and inflation will rise in the US prompting the Federal Reserve to increase interest rates. That is definitely possible, but a strong dollar will make commodities cheaper for the US, keeping a lid on prices, while hurting China. The US will definitely suffer but it is a democracy where the Congress will not allow the president to take extreme measures, while China is an uncivilized nation where the Communist Party is supreme and ruthlessly puts down any dissent. Not only does the party crack down on any dissent, it also tortures human rights lawyers who defend protesters. Artist Ai Weiwei's lawyer has been sentenced to 12 years in prison. People suspect the charges are trumped up. While the whole world wants to migrate to the US, China is feared and hated by almost every country that has relations with it. Except Pakistan, North Korea and Zimbabwe, which has adopted the renminbi for use inside the country. Pregnant Chinese women flock to the US to deliver their babies, to get them automatic US citizenship. Would any American woman, or any woman from any other nation. want to give birth in China? China's piracy on the South China Sea on the basis of a fictitious Nine-Dash Line was declared illegal by an international tribunal in 2016. In response the state media in China labeled the US and Japan as 'eunuchs' and 'paper tigers'. That's how civilized they are. Even the friendly aid provided to other countries is a weapon to force them to accept Chinese diktats. Perhaps Prof Jin is trying to scare Donald Trump from imposing tariffs on Chinese imports into the US, using Sun Tzu's teaching,"The supreme art of war is to subdue the enemy without fighting." Ah, so.
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