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this post was submitted on 26 May 2024
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I agree but i wouldnt say tiny, because for Huawei for example due to the US ban they stopped all operations in the EU and UK and other US allies. So its more the influence the US has on the market thats detrimental rather than American customers themselves
That's true, all of G7 tends to follow US direction. At the end of the day though, this is still less than 20% of the global population. Not only that, but western economies are collectively going into a recession. I imagine that Chinese companies will increasingly focus on the Global South as their primary export market going forward.