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>preparing for total independence on all fronts I don't think this is possible, especially given China's energy and food import needs. But looking at the frag
by PKop 5y ago
>preparing for total independence on all fronts
I don't think this is possible, especially given China's energy and food import needs.
But looking at the fragility of being to dependent on globalization and the negatives that come with it (look at deindustrialization of US and what it did to jobs and economic prosperity for huge portions of country, and even COVID and supply chain disruptions and shortages) China can simply determine becoming more self-sufficient is better for them long term even apart from war and expansionist motivations.
- BariumBlue 5y agoWith the current Evergrande crisis, China is proving that it doesn't need to be dependent on globalization for the economy to be fragile. I think that China is more concerned about the effect that US sanctions could have on their economy, such as the US preventing chips from being sold to one of China's largest tech companies (which happened when US banned chip sales to Huawei).