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I don’t know what’s actually going on, but this certainly sounds like something someone would say who’s about to be taken over by an “underdog” who couldn’t possibly beat them.
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No, they can beat ““us”” by subsidizing their exports. If they didnt they wouldnt even be here. Thats even mentioned in the article.
If you are talking about china as if it was an underdog you make yourself look like an idiot btw. China is a worldpower that is very open about disrupting foreign markets if it brings in money.
But it’s fine. China still imports machinery and chemicals like crazy. We’re not gonna die
