As soon as it starts seriously hitting the bottom line of Western importers, Canada and Australia will crack like eggs. They had no problem doing business with China ten years ago. They'll shuffle all the sinophobia down the memory hole and be back to business as usual ten years from now. Its just not in any corporate influencer's interest to piss of a stack of money this tall. Only the Neolib/Neocon imperialist ghouls are able to see the real long-term consequences of a global economy centered on Beijing and they've lost massive amounts of influence since the Clinton heyday.
Japan's on a different level, simply because they're regional rivals rather than regional partners. Japan's export market competes with China's, globally. Although, even that may change as Chinese consumers begin demanding more cheap imports and Japan picks up that market share.
I guess only time will tell. But Chinese economic center-of-gravity isn't easily ignored.
As soon as it starts seriously hitting the bottom line of Western importers, Canada and Australia will crack like eggs. They had no problem doing business with China ten years ago. They'll shuffle all the sinophobia down the memory hole and be back to business as usual ten years from now. Its just not in any corporate influencer's interest to piss of a stack of money this tall. Only the Neolib/Neocon imperialist ghouls are able to see the real long-term consequences of a global economy centered on Beijing and they've lost massive amounts of influence since the Clinton heyday.
Japan's on a different level, simply because they're regional rivals rather than regional partners. Japan's export market competes with China's, globally. Although, even that may change as Chinese consumers begin demanding more cheap imports and Japan picks up that market share.
I guess only time will tell. But Chinese economic center-of-gravity isn't easily ignored.