| > The "China vs America" narrative is unnecessary. It's central to the current world event. The major theme of the 21st century is going to be china's growth in power vs the US. Power is a zero sum game after all. If china's power increases, it's going to come at the expense of the lone superpower. > If China wants to spend a trillion dollars on infrastructure to develop their region that's a great thing for America too. A china-centered economic order isn't a "great thing for America". > Eventually the demand for low-margin, subsidized, Chinese steel will flatten, while the demand for high-margin American technology and cultural products will grow. What makes you think that china isn't going to take over the high-end steel market too? Unless you think chinese are intellectually incapable of developing high-end steel... |