In other news the Biden administration is blocking ASML's EUVL machinery sales to SK Hynix as their factories are in China.
Will be interesting to see where this policy of sanctions and subsidies is leading ...
Will be interesting to see where this policy of sanctions and subsidies is leading ...
Trump was able to bring the CCP to heel, it will take either him or DeSantis to continue that in the next administration.
The arms race in the Indo-Pacific region was caused by Obama failing to honor the US defense treaty with the Philippines. Now every country in that region is building ships and subs.
Currently, China uses the US dollar for over 91% of business outside their country, which makes US capital controls the CCP's greatest weakness. With the stroke of a pen, a US President could cause China to implode, including the end of the BRI debt-trap projects.