China may well be the world leader for de-risking trade ties
Chinese firms have been developing ties with emerging markets over past ten years
This reduces China's reliance on unfriendly markets (US, EU), shielding Beijing from geopolitical tensions
US President Biden will raise tariffs on a wide range of Chinese imports, incl semiconductors, batteries, solar cells & critical minerals — in an election-year bid to bolster domestic manufacturing.
Changes to impact around $18bn in current annual imports
Agresivo movimiento de Biden, que no quiere un coche eléctrico chino en EEUU…
Abrazos,
PD : Humildad frente a la soberbia…
