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China is making trade impossible – Financial Times
- alecco 11mo agohttps://archive.ph/r4USc https://archive.ph/r4USc > There is nothing that China wants to import, nothing it does not believe it can make better and cheaper, nothing for which it wants to rely on foreigners a single day longer than it has to. For now, to be sure, China is still a customer for semiconductors, software, commercial aircraft and the most sophisticated kinds of production machinery. But it is a customer like a resident doctor is a student. China is developing all of these goods. Soon it will make them, and export them, itself.
- ZeroGravitas 11mo ago"We have to cut the money going to the poor and tax the rich less and throw up protectionist barriers we've spent decades forcing other countries to remove because communism is so much better at making stuff" is quite a bold take from the FT.
- rasz 11mo agoMade in China 2025 might be the biggest manufacturing success story of this decade.