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My general understanding is that "dismantling of flexible Western production capabilities, increased reliance on these countries, and dissuaded aggression towar
by m3047 3y ago
My general understanding is that "dismantling of flexible Western production capabilities, increased reliance on these countries, and dissuaded aggression towards them" was the whole point of global supply chains; literally the doctrine.
Not sure about the implicit attempt to address power imbalance: if you invest your IP in some "underdeveloped" country and then they decide to sell chips to all comers, or not to sell to you and sell exclusively to your global competitors something is going to give... or break. Or get broken.
But that's literally how it was sold: give up your industrial base for a safer world. (We thank you for your patriotism, former industrial worker of the western world.)
- jaredhallen 3y agoThis is true. It was an explicit tactic. Also, the plan was to help develop China as an ally against Russia. So we setup trade conditions that were favorable to China. And it worked beyond all expectations. But now they're not much of an ally. And we're having a hard time returning to balanced trade conditions.