3 ms·

> Because no one has the need or the scale of China. Source?

• dragonelite 3y ago
  There is no alternative to the Chinese market, maybe in 30~40 years India might approach the current Chinese market. The rest of the world is either way too small or not developed enough to fill that hole. Some sources: Harvards economic complexity US export of computers in 2021: https://atlas.cid.harvard.edu/explore?country=undefined&queryLevel=undefined&product=1689&year=2021&productClass=HS&target=Product&partner=undefined&startYear=undefined https://atlas.cid.harvard.edu/explore?country=undefined&quer... Chips Over Oil "Fact checked": https://www.techopedia.com/chinas-strategic-pivot-in-the-global-tech-race#:~:text=In%20addition%2C%20it%20imported%20semiconductor,%24365.51%20billion%20in%20crude%20oil https://www.techopedia.com/chinas-strategic-pivot-in-the-glo....
  • NicoJuicy 3y ago
    ? Just check average .... X.... I'm not sure if China, in decline, is worth mentioning. Eg. Average wage, GDP, ... The west is not the US alone...
    • dragonelite 3y ago
      In what way is an country growing at 5% gdp a country in decline? If we had 5% gdp growth in Europe champagne bottles would be popping. I regard US + EU + Canada + Aus + Japan + South Korea as the west about 1 billion people.
      • NicoJuicy 3y ago
        You're comparing developed countries ( who don't want a 5% increase) vs. Developing countries ( who need a 5% increase).