• Syldon@feddit.uk
    ·
    1 year ago

    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.

    • jack [he/him, comrade/them]
      ·
      1 year ago

      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.

      • Frank [he/him, he/him]
        ·
        1 year ago

        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.

    • st0v@lemmy.zip
      ·
      1 year ago

      maybe 40 years ago. but 20 years ago was 2003. China was not like India or Africa is now.