The trade war is good for China because it provides an incentive for market expansion in domestic consumption and exports, encourages innovation, and necessitates diversifying where it imports from. Also, China is more likely to win the trade war because it can last longer and cause more damage to the United States.
Supporting arguments · 2
- The trade war is an incentive for market expansionThe trade war is good for China because it provides an incentive for market expansion and encourages innovation. The trade has caused China to try to expand domestic consumption, diversify where it imports from, and increase exports to countries other than the United States.
- China is more likely to win the trade warChina can win this war. It can last longer because China’s economy has more room to maneuver than the United States economy. Also, China can cause more damage to the U.S. by devaluing U.S. debt.