That is indeed a problem but, speaking strictly about competitiveness, it does have it’s advantages. For example, the US really needs more strategically important goods to be manufactured at home, but that is really hard to do if market conditions favor offshoring. China can just dictate the sourcing - even in the (so called) private sector.
Comment on Majority of Australians think China will be world’s most powerful country by 2035, poll finds
possiblylinux127@lemmy.zip 2 months agoThe biggest problem with China is that they are Authoritarian.
Tinidril@midwest.social 2 months ago
Amnesigenic@lemmy.ml 2 months ago
That is in fact their greatest strength and the primary reason why our usual strategies for undermining our political & economic rivals don’t work on them. Sitting back and allowing shit to fall apart because “freedom” is moronic, just look at what the US has turned into for a perfect example.