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Protectionism is bad in general - it works until everyone starts doing it, then everyone is worse off. But the benefits of protectionism in the short term is no
by Jack000 10y ago
Protectionism is bad in general - it works until everyone starts doing it, then everyone is worse off. But the benefits of protectionism in the short term is not equally distributed and China definitely has greater incentive.
It worked for their manufacturing ecosystem, maybe it'll work for tech too.