Comment by marianatom | Hacker News Reader

Comment by marianatom | Hacker News Reader

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After narrowly lagging behind China in 2022, Mexico officially became the US’s largest trading partner at the start of 2023, according to new US Census Bureau figures. https://www.gfmag.com/magazine/may-2023/mexico-overtakes-chi...

China should fall pretty quickly behind Europe as well this year. China's economy has fallen off the cliff - 80% decrease in foreign orders, 20% official youth unemployment rate, 50% reduction in home prices, 80% decrease in government land sales

China is no longer a partner to US, but a competitor and adversary. To Europe and Japan as well. China made that very clear when they announced unlimited friendship with Russia last year.

It's Russia + China + Iran vs Europe + US + Japan + Taiwan + South Korea + Australia + Canada

>80% decrease in foreign orders, 20% official youth unemployment rate, 50% reduction in home prices, 80% decrease in government land sales

I do not find these figures to be credible. They would an indicate a cataclysmic, wartime level sort of economic collapse that I see no evidence of.

Since you post this kind of stuff all the time, I can't help but feel that you have an axe to grind. Not that I would blame you for hating the Chinese government, but still... are you sure that you are not being irrational about its prospects?

> China made that very clear when they announced unlimited friendship with Russia last year.

To be clear, this was before the war and China has since walked it back a bit.

4/23/23: China's cooperation with Europe and other nations is "endless" just as its ties with Russia are "unlimited", China's envoy to the European Union said https://www.reuters.com/world/chinas-cooperation-with-europe...

I get the feeling you intended this quote as a gotcha, but it actually appears to be a manifestation of how they "walked it back" considering that "China's cooperation with Europe and other nations is 'endless'".

My quote was to prove China is still maintaining that ties with Russia are "unlimited". I don't care what lies China is telling Europe :)

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