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There’s trade, and then there’s investing in strategic initiatives designed to have China overtake the world. China is willing to decouple where it makes sense
by azinman2 3y ago
There’s trade, and then there’s investing in strategic initiatives designed to have China overtake the world. China is willing to decouple where it makes sense for them - eg make Facebook, Google, etc inaccessible so that local alternatives can flourish. This is very asymmetric… it’s a bit like “you’re in a monogamous relationship but I can be open if I want”
- whimsicalism 3y agoChina has more population than us, of course they will overtake us in overall GDP eventually. Saying that our goal is to need to keep the average citizen of China much, much poorer than us is basically saying you want a conflict. Everything is 'investing in strategic initiatives designed to have China overtake the world' if you squint hard enough.