I googled the Chinese script but i got a confusing result. Time to get into mandarin language. Anyway,long live and huge respect to the Chairman Mao, a man with vision but also just a manOn the 47th anniversary of Chairman Mao's passing, it is only appropriate to share this inspirational article about Mao's protege -- Ren Zhengfei, who has partaken in a no less daunting long march of his own since 2018.
No wonder Huawei is so good at causing butthurt amongst the imperialists. Maybe they should start selling Huawei brand Aloe Vera to help alleviate the burn, out of pure humanitarian concerns?
The phrase "regardless of the outcome" can only come from a mind completely consumed by ideology. You've got the reason America is going to get flushed down the toilet in the 21st century straight from the horse's mouth.National Security Adviser Sullivan added that the United States “should continue on its course of a ‘small yard, high fence’ set of technology restrictions focused narrowly on national security concerns … regardless of the outcome.”
So the politicians want to scare the CEOs away from China - probably too little and too late.
China should collaborate with the west to get Rahul Gandhi elected over Modi. India won't hate China any less, but India without a strongman is a good India.China prefers guns over butter? The gaslighting is so bad, even Rahul Gandhi and Robert Spalding won't agree.
In other words, the death of the Chinese model is greatly exaggerated.Over-capacity in China is not the anathema it is in other countries because its economy has proven to be able to rapidly and dynamically re-allocate labor and capital between sectors.
For EVs and batteries, a much larger industry with a more extended product cycle than shared bikes, this stage will inevitably take longer than two years. But out of it, "only the strong will survive" and they will also be the ones reaping the massive rewards.
This is why when people talk about how the "economic model needs to change" ... ... it sounds weird b/c for the past forty years it has been continuously mobilizing and re-allocating capital and labor resources in a series of overlapping sector evolutions.
Even NYTimes admits scaring corporate America away from China is becoming a fool's errand.So the politicians want to scare the CEOs away from China - probably too little and too late.