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“China spent 20 years destroying emerging-market competitors in the manufacturing space, or at least squeezing them out of global markets. Now it’s threatening to do the same to advanced economies’ manufacturers,” added Robertson.
Nobody put a gun to Global North capitalists’ heads and made them offshore their manufacturing and de-industrialize their own countries.
“Artificially cheap Chinese products” is *chef’s kiss*
Copypasta of my dunking:
“Artificially cheap Chinese products” is *chef’s kiss*
The best part about the whole thing is how US presumes it has the right to dictate to China on how to develop its economy.
I mean, they did the same with Japan and it got it their way.
The difference being that China isn’t a vassal of the empire, but clearly they forgot that crucial detail.
Turns out the current US regime ate up its own lies.