Oligarch fighting each other about China

  • SeventyTwoTrillion [he/him]
    ·
    3 years ago

    'China investment in the U.S. is down significantly, while U.S. investment in China continues at a slower pace as the result of an "unpredictable business environment," according to Doug Barry, USBC senior director for communications and publications.

    Yet, even with those headwinds, Barry said his members report plans to increase investments in China, because ‘they don’t want to miss out, if growth in markets slows.’

    Bremmer said the White House policy is predicated on that understanding.

    “The reality of U.S. foreign policy towards China is to avoid crisis precisely because our economies are enormously interdependent,” Bremmer said. “That's not going to end anytime soon.”'

    Pretty encouraging for the future of China (and the downturn of the US), so long as the CPC maintains (and tightens) its hold on their yoke. Well, not if you happen to be inside the US, I guess. It does make me wonder who exactly is braying for harsh crackdowns or even war with China if capitalists broadly want in. This must prove all the posturing is purely for show, right? What's the endgame for the war hawks, then?