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> The idea that China is a major security threat is basically brand new. And as far as I can see, that idea comes from China simply having grown its economy to
by brabel 2y ago
> The idea that China is a major security threat is basically brand new.
And as far as I can see, that idea comes from China simply having grown its economy to a size comparable to that of the USA, nothing else?
But everyone during the Chinese miracle growth (from 1980's to today) expected China would've become the largest economy in the world by the 2020's. I guess people just didn't really take that seriously until it actually became true?
- throw310822 2y agoExactly. We knew perfectly well it was coming, for decades, and we knew perfectly well the US would have put up a fight to prevent it. Not a competition, a fight: real and fake accusations, FUD, tariffs, or even actual war. Now the time has come and we're in the middle of it. At least, I hope this is not just the beginning.
- elfbargpt 2y agoThey expected China to grow in a way that would lead to the "west" exerting much more control over China than they ended up with today. Basically they wanted more western-style capitalism, reduction of state control, etc... Now China is very strong, and the west exerts very little influence
- vaccineai 2y agoChina is weak, its current economic engines of real estate and internal consumption has failed. It is currently heavily dependent on export, of which, sanctions and tariffs on China would wreck their economy.
- elfbargpt 2y agoThey account for 30% of global manufacturing, have the second largest GDP (largest GDP PPP), and are rapidly developing in the tech sector. Not weak by any means
- TheOtherHobbes 2y agoChina would have a hard time economically without being able to sell to the US. But it's been developing markets and economies in Rest of World, especially Africa. And its internal market is huge. Meanwhile this is a thread about the US tech and retail sectors being unable to survive at all without imports from China. Turns out offshoring was one of the most self-harmingly stupid decisions in US economic history. Still - at least it prevented worker unionisation. So that was such a win for corporate America.
- zxilly 2y ago"tariffs" My memory is not very good, but it seems that something similar has happened 4 years ago, do you remember?
- maxwindiff 2y agoWe hoped China would grow into a Korea or Japan, instead we got ourselves a Russia.