I think there is basically no conflict between the 2 nations behind closed doors. Both operate a slave fiat currency system backed by the labour of their people and this they both don't want to break.
Discussion
I mean.. both economies are mortally ill.
My question is - how long can each of them last.
Once people start getting hungry, shit will pop off.
I would say China has all the cards now. Tech transfer completed and ability the manufacture goods for the whole world is a flex.
Hard to say.
There are a lot of Chinese manufacturers right now bleeding hard. No buyers.
The time it could take to reorient to new markets will ruin a lot of Chinese business owners.
Everything is exaggerated there. The ups AND the downs.