I don't get why China has the leverage in international business relations.
Surely Chinese companies lost big on dropped deals with the NBA and Hollywood. Is nationalism more important to Chinese CEO's and shareholders then profit margins?
__________________ What CDTM believes;
Never let anyone else define you. Don't be a jerk just to be a jerk, but if you are expressing your true inner feelings and beliefs, or at least trying to express that inner child, and everyone gets pissed off about it, never NEVER apologize for it. Let them think what they want, let them define you in their narrow little minds while they suppress every last piece of them just to keep a friend that never liked them for themselves in the first place.
I think it has less to do with debt, and more to do with labor. Developed nations largely stopped manufacturing things, because they could not compete with cheap Chinese labor. Things cost more when workers have to have a living wage and humane working conditions.
Globalization in a nutshell. Manufacturing by virtual slave labor, and sold to the most gullible and easily manipulated audiences with disposable income.
__________________ What CDTM believes;
Never let anyone else define you. Don't be a jerk just to be a jerk, but if you are expressing your true inner feelings and beliefs, or at least trying to express that inner child, and everyone gets pissed off about it, never NEVER apologize for it. Let them think what they want, let them define you in their narrow little minds while they suppress every last piece of them just to keep a friend that never liked them for themselves in the first place.