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>Government subsidizes real estate investments in Western nations by Chinese investors, driving up real estate and turning a significant segment of the US popul
by u10 7y ago
>Government subsidizes real estate investments in Western nations by Chinese investors, driving up real estate and turning a significant segment of the US population from homeowners to renters.
Recent strict capital controls out of China have resulted in a substantial negative shock to housing, especially in places like Vancouver. It's also private investors and not an explicit government policy
>Severely undercutting manufacturing prices for decades, to the point that Western nations have lost the ability to manufacture many products.
It's called comparative advantage and absolute advantage and it's been observed for centuries.
>Devaluing the Yuan and opening trade agreements around the world to protect itself from US sanctions and tariffs
a lot of countries do this, open market operations by the central bank is not a new occurrence.
>Purchasing billions annually in US treasury bonds (they hold around 30% of outstanding treasury bonds - over $1.1T)
It's a good investment, and any threat of sell-off is mutually assured destruction
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China is abusive to its own citizens, that's not up for dispute. But what is rather troublesome is the double standard that the west subjects the rest of the world too.