They have the actual factories though, and have spent decades securing resources and ports throughout Asia, Africa and the Indian ocean. That's why the US is so hostile to the Belt and Road initiative.
Yes but they rely on global consumption, they are already in an overproduction glut even as the Chinese working class is transitioning into service industry.
Everything is so intertwined that that would collapse Chinese industry too.
They have the actual factories though, and have spent decades securing resources and ports throughout Asia, Africa and the Indian ocean. That's why the US is so hostile to the Belt and Road initiative.
Yes but they rely on global consumption, they are already in an overproduction glut even as the Chinese working class is transitioning into service industry.
This transition fiction is overhauled. It isn't as it was, cause the global capitalist empire changed.
i mean, if the U.S. is collapsing they could probably have an easier time transitioning to a fully planned economy