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This is exactly the policy the US seeks to now reverse (absorbing over-capacity) and which planned reversal China meets with threats of war. It wasn't charity a
by rrggrr 10y ago
This is exactly the policy the US seeks to now reverse (absorbing over-capacity) and which planned reversal China meets with threats of war. It wasn't charity as you well understand. The US exported its inefficient industries initially for the unfulfilled expectation of access to much greater markets for its efficient industries.