I’d love for some analysis of the self sufficiency of China’s economy, I feel like it’s so hard for me to tell how much of a risk US sanctions are on China
China was focusing on dual circulation for a while now because they realized that their dependence on the west for exports is a risk. I’m sure they learned a lot from Russia’s experience with the sanctions as well. Projects such as BRI and BRICS are another factor, we’re now seeing an economy that’s entirely independent of the west develop around China. It’s also very difficult for the west to interfere with this economy because US is getting steadily pushed out of Eurasia. For example, there’s now a trading route going from China to Iran through Russia and Syria.
And of course, China will always be in a position to retaliate against US with its own sanctions because US is heavily dependent on goods produced in China. We already saw an example of this with Gallium and Germanium exports. US isn’t able to sanction China without massive economic blowback to itself.
yes, but I’d like a super comprehensive overview of it, like analyzing their current chip output and the future projections, same thing for basically every other industry, etc.
I’d love for some analysis of the self sufficiency of China’s economy, I feel like it’s so hard for me to tell how much of a risk US sanctions are on China
China was focusing on dual circulation for a while now because they realized that their dependence on the west for exports is a risk. I’m sure they learned a lot from Russia’s experience with the sanctions as well. Projects such as BRI and BRICS are another factor, we’re now seeing an economy that’s entirely independent of the west develop around China. It’s also very difficult for the west to interfere with this economy because US is getting steadily pushed out of Eurasia. For example, there’s now a trading route going from China to Iran through Russia and Syria.
And of course, China will always be in a position to retaliate against US with its own sanctions because US is heavily dependent on goods produced in China. We already saw an example of this with Gallium and Germanium exports. US isn’t able to sanction China without massive economic blowback to itself.
yes, but I’d like a super comprehensive overview of it, like analyzing their current chip output and the future projections, same thing for basically every other industry, etc.
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they have all PhD’s in CPC’s politburo . lol
Definitely helps having educated people who understand what they’re doing run the country.