Saturday, September 9, 2023

China and the Rise of Geopolitical Threats

The era of Chinese growth is over. Like Germany in 1914, war could follow
https://www.telegraph.co.uk/business/2023/09/08/chinas-economic-slump-could-be-the-spark-that-ignites-world/
 
Xi’s Policies Have Shortened the Fuse on China’s Economic Time Bomb
https://foreignpolicy.com/2023/09/06/china-xi-jinping-economic-uncertainty-deflation-policy-mistakes/
 
China Is Full of Risks. So Why Can’t Corporate America Leave?
https://www.nytimes.com/2023/09/08/business/china-us-business.html
 
Apple’s China Dependency Spooks Investors After Ban
https://www.wsj.com/tech/apples-china-dependency-spooks-investors-after-ban-3ad4f23c 

West ‘created’ modern China by making it factory of the world, says India’s Rahul Gandhi
https://www.scmp.com/week-asia/politics/article/3233947/west-created-modern-china-making-it-factory-world-says-indias-rahul-gandhi
The Congress Party leader said the West decided “30 or 40 years ago” that they did not want to be in the “business of production, and essentially handed over production to the Chinese”.
“Another way of putting it would be that they handed over the social conflict of production. And they said listen, you handle this problem. We don’t want to deal with the political consequences of having 20, 30, 40, 50,000 factories in Europe,” Gandhi said.
“We will happily live selling the products that you produce. We will create a credit-based economy. We will create an economy that depends on rising housing prices. And we will go away from the raw, difficult challenge of producing,” he added. “That is what has produced the Chinese model.”