Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

>>it was Chinas 500 billion dollar stimulus that kick started demand and pulled the world out of a depression.

unlikely. That much doesn't move the needle, world economy right now is $140+ TRILLION. USA gave out over $700 Billion for that matter in 2008-2009 https://en.wikipedia.org/wiki/American_Recovery_and_Reinvest...

EU gave $200+ billion, plus each country did their own thing.

Ask FB or Google about their Chinese websites. How are they doing? This should have been done long time ago, tit for tat.

As for the rest, I doubt China can resort to stupid stuff. US and EU are not happy with them for a lot of things, including Covid, and China desperately needs them. China allowed manufacturing not to help us, but to gain taxes, employment and to steel IP.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: