US Treasury Secretary Janet Yellen is set to discuss industrial overcapacity with top Chinese officials during her trip to China that starts on Wednesday.
Is it? I get that China is “the bad guy”, but does that automatically mean everything China does is intended to hurt the US? Or did they just want to help themselves? Just because the US wasn’t in a position to handle it happening, doesn’t retroactively make it an intentional attack.
The whole point of mass producing something is to make the process more efficient, which lowers the cost. They also hurt themselves if they accidentally end up oversupplying in the process, as then the price is lowered by a higher ratio than their savings on manufacturing costs.
It’s funny how I read so much about housing crisis and climate change and everything else then China does what everyone thinks government should do and they’re the bad guy
Is it? I get that China is “the bad guy”, but does that automatically mean everything China does is intended to hurt the US? Or did they just want to help themselves? Just because the US wasn’t in a position to handle it happening, doesn’t retroactively make it an intentional attack.
The whole point of mass producing something is to make the process more efficient, which lowers the cost. They also hurt themselves if they accidentally end up oversupplying in the process, as then the price is lowered by a higher ratio than their savings on manufacturing costs.
I’ve heard China is moving idle construction workers into solar production. LOL, they certainly don’t need to build more houses.
It’s funny how I read so much about housing crisis and climate change and everything else then China does what everyone thinks government should do and they’re the bad guy