… things really break bad, then it could be a much bigger wave which could happen China. The Chinese economy will improve because of the stimulus released by the government. But Western corporations will continue to relocate factories in other parts of the world. Europe will have its own trade conflict with China to stop the halt of Chinese made cars. Europe is panicked right now with all the Chinese cars coming in and jeopardizing Mercedes, Volkswagen, all their big automakers. (1:24:24–1:24:30)
CLAIM
Asserts that Western companies are moving factories away from China.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
