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Of course they do. They know they have access to almost everything they need for their economy to thrive within their own borders. They have good relationships with their neighbors for the most part and have a lot of advantage in trading negotiations. They've spent the last 50 years building up their industry to world-class levels. They could close their borders entirely and cease all trade and they'd survive and weather it well for quite some time. The same cannot be said for the people they trade with.
they're also ran by competent governance so would have prepared for this likelihood. there is genuinely no reason for top-xi to put all the eggs in one basket. i mean at this point they've had almost a decade to ready themselves for trump's antinixon shock, he even gave them a little test run during his first term so they could get some experience.
Trump as the anti-nixon is an interesting thought. I know you're limiting it to Chinese relations opening/closing trade, but now I'm curious if there are other anti-parallels (perpendiculars?).
yanis varoufakis and others have written extensively about the manner in which trump's actions are sort of a (poorly constructed, extremely not thought-out) reversal of the post-Bretton Woods economic global order.
Any writings you recommend for that in particular?
https://www.yanisvaroufakis.eu/2025/02/21/donald-trumps-economic-masterplan-unherd/
and then https://www.yanisvaroufakis.eu/2025/04/03/will-the-trump-shock-prove-as-momentous-as-the-nixon-shock-unherd-op-ed-on-bbc-tv/
with the caveat that i think yanis is probably giving the trump guys too much credit in terms of actually having thought this through.
If anything that makes me feel that even a hyper-liberal like Nixon was still actually competent, despite how much he fucked up but his administration were still planning things, they still cared.
Cool, thanks!
Nixon created the EPA and several medical services.
Trump dismantled those same institutions.
We live in a world where Richard Nixon is seen as a decent, responsible, and forward-thinking statesman.
Richard. God. Damned. Nixon.
I mean he only did it because a river caught on fire and nobody could put it out
I mean our leaders here dont care to stop shit like that. They are just letting a genocide continue; In this analogy theyre actually burning the river.
Theyre Burning The River. I think you could name an article on the Nixon-Trump parallel that.
China doesn't have natural oil reserves so until we get a green revolution, they do need to trade within the rules of the petrodollar. Obviously things could change but this makes them pretty different from the USSR who was able to exist as a pariah state for some time.
They are very much keeping Russia onside, probably with the awareness that there could come a time they rely almost solely on their oil.
Russia, Sudan, they also keep decent relations with Iran and Iraq IIRC, I dont think Venezuelans have a ton of easily accessible Oil trading partners but with less trading to America we could see ships not really caring about the Psuedo-blockade theyre under.