@KeyWinvest @coloradotravis China mostly assembles those products based on imported parts from elsewhere. China doesn’t manage inflation with rate hikes, it does it by manipulating yuan.
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@KeyWinvest @coloradotravis China can barely feed its population and has to import lots of food and consumer goods that it doesn’t produce itself. It could even make ball bearings for ball point pens until a few years ago. Beijing subsidized industries to prices below what a feee market can bear,