China and the US for a length of time, have been competing in almost every way, production, innovation, economically, and more. China has for the most part, trailed behind the US, however; as of recently they have been dominating in many fields.
According to Ben Harburg, MSA Capital's current Managing Director, China has had a large amount of government support, an expansive market, and like predicted by economists, now makes up fifty percent of the global EV market, and most notably, have some of the most extensive globalizing abilities. Having these capabilities, Harburg along with other economists believe that China will soon dominate in many other markets and are quickly catching up with as well as surpassing competitors. Harburg mentioned…
The video discussed the market/economy of China versus the market/economy of the United States. In the video, it was detailed that China's business is far better than America's business. This can be calamitous as, if America's business continues to decline, then a recession can occur. Additionally, if China continues to have the upper hand on America, then America's reception of goods can be influenced based on China's desires, which, depending on what China desires, can be rather unfair to the United States. For example, China and the U.S. are already in a trade war and have been in one for years: as long as they have a dispute, and as long as China has an upper hand, the effects for…
China and the US for a length of time, have been competing in almost every way, production, innovation, economically, and more. China has for the most part, trailed behind the US, however; as of recently they have been dominating in many fields.
According to Ben Harburg, MSA Capital's current Managing Director, China has had a large amount of government support, an expansive market, and like predicted by economists, now makes up fifty percent of the global EV market, and most notably, have some of the most extensive globalizing abilities. Having these capabilities, Harburg along with other economists believe that China will soon dominate in many other markets and are quickly catching up with as well as surpassing competitors. Harburg mentioned…
The video discussed the market/economy of China versus the market/economy of the United States. In the video, it was detailed that China's business is far better than America's business. This can be calamitous as, if America's business continues to decline, then a recession can occur. Additionally, if China continues to have the upper hand on America, then America's reception of goods can be influenced based on China's desires, which, depending on what China desires, can be rather unfair to the United States. For example, China and the U.S. are already in a trade war and have been in one for years: as long as they have a dispute, and as long as China has an upper hand, the effects for…