China was a backwards nation 20 years ago. Much like India, or most countries in Africa today. The EU are not talking about moving their purchases to other cheap countries; They want that manufacturing base in the EU. If they expand the block in the right countries, then this may be a reality China has to deal with. The aggressive policies China is adopting is what is causing this.
It was China’s central planning and independent economic policy that caused it to develop. Those other countries are crippled by Western-imposed neoliberalism designed to keep them from developing.
Yeah, the idea that western neoliberal economies are capable of anything other than self-destructive auto-cannibalism is farcical. How is Blackrock supposed to jack up quarterly profits by building things?!! The UK is already speedrunning a return to a medieval economy. France is fighting for it’s life to retain it’s colonial possessions. Berlin answers to DC. And the rest of Europe doesn’t matter.
