> To simplify things a bit, the west has been using globalized capitalism where tech created in the west benefits the whole world but China has been following a

> To simplify things a bit, the west has been using globalized capitalism where tech created in the west benefits the whole world but China has been following a more mercantilist style of capitalism where Chinese tech mostly benefits China. Once the US finally realized this they started slowing China down, like restricting EUV. To simplify things a bit, the "rich west" has been attempting to impose to everyone that tech created in the "rich west" should just bring benefits to the "rich west".