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by audunw
1750 days ago
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China is closing off and turning inwards. It's a fundamental political drive due to their communist party structure. They can't continue to let the wealthy get richer because it threatens their grip on power, so you see Xi reverting to traditional socialist policies and cracking down on everyone that threatens him and his supporters. So basically they're just rushing to steal and copy all the technology they can, so they can make everything they need for themselves internally. Their goal isn't to compete internationally, just to be self-reliant enough to have a reasonably good economy while maintaining absolute political control. China probably doesn't care that they can't access IP from other countries again. They've mostly gotten what they need. The alternative is that the party gradually loses its power, and that liberalisation eventually makes the whole system collapse. It's the exact same forces that made the Soviet Union collapse and it's well known that this is Xi's biggest fear. |
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