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by aurareturn
859 days ago
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Geopolitics: China's sudden shift to authoritarianism under the new emperor has everyone fleeing for the exits as the US and Europe abandon the project to bring China into the club.
No. This is simply because the US and other developed economics do not want competition from Chinese companies. Chinese companies are moving up in the value chain which is a threat economically to the US and allies. It's nothing new. It's the same playbook used on Japan. “When governments permit counterfeiting or copying of American products, it is stealing our future, and it is no longer free trade.” So said US President Ronald Reagan, commenting on Japan.
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