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7/23/2025, 3:02:45 AM
>>17864515
China doesn't actualy hate the US anon, that's an invention by neocon boomer war hawks. Xi Xinpings own daughter actually attended Harvard for example and nobody made a fuss about it
Also, there are many things wrong with being a manufacturing economy and China is kind of proof of this, relative to their population their economic output is actually quite poor. The reason China is a good country to outsource labor to is because of favorable exchange rates between the Yuan and the USD/Euro, and this is a reflection of the difference in standard of living (China has the HDI of Mexico and a per capita GDP that's less than the global average)
If the west ever wanted to compete with China, they'd have to agressively devalue their currency and lower their working wages in order to reduce the cost of their product on a global market. It's maddening trying to explain this to people.
China doesn't actualy hate the US anon, that's an invention by neocon boomer war hawks. Xi Xinpings own daughter actually attended Harvard for example and nobody made a fuss about it
Also, there are many things wrong with being a manufacturing economy and China is kind of proof of this, relative to their population their economic output is actually quite poor. The reason China is a good country to outsource labor to is because of favorable exchange rates between the Yuan and the USD/Euro, and this is a reflection of the difference in standard of living (China has the HDI of Mexico and a per capita GDP that's less than the global average)
If the west ever wanted to compete with China, they'd have to agressively devalue their currency and lower their working wages in order to reduce the cost of their product on a global market. It's maddening trying to explain this to people.
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