US and allies to build 'China-free' tech supply chain
asia.nikkei.comI really hope this is true.
I hope so too.
There goes 25% of Apple’s profits. Who needs to sell iPhones in China anyways. And 50% of GM’s profits. Who needs to sell American cars in China anyways. And Boeing. And Intel. And AMD. And nVidia. And Microsoft. And Tesla. Sweet sweet Tesla that just opened up a gigafactory in Shanghai. Profits vaporized. The list goes on..
There goes the fake stock market while we’re at it. A huge chunk of that value is from China. But, let’s go ahead and decouple.
The article doesn’t talk about or hint at isolating China completely. It is about becoming less reliant on China.
It’s a two way street. China can’t easily ban or sanction all those examples you gave without serious consequences against them.
China still needs the US and the world still needs China. But not a powerful China that rivals the US and has an extremely authoritarian ideology and is willing to commit genocide of people that have been there for thousands of years.