Why would that even come up?
I’m getting some bad vibes out of China right now. My man just hung up on me when I told him I knew that domestic China trade was all done on credit. Xenophobia + economic distress = good chance of me losing a deposit in the next 6 months.
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They wanted us to pay 50% up front and 50% before shipping all of a sudden when previously we had much better terms.
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Oof. Would think distress is easing not intensifying? Maybe xenophobia going the other way tho
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Xeno def seeming to be going other way (same in USA!). China afaik didn’t do big economic stimulus so perhaps the shit is hitting the fan now. Dunno.
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