Re:India bans TikTok, WeChat, and dozens of other Chinese apps
by sremani on Monday June 29, 2020 @02:22PM
(#23680579)
If we walk into the past a little in 2000 world is not intertwined with China, and very likely 2040 world is not intertwined with China.
If only people read about PBOC, CNY/CNH and how currency is a political tool within China, you realize they have successfully exploited the "free market" impulse to effectively use state capitalism and dumping to create the world we are in Today.
Just because the supply chains got complex and intertwined with China does not mean it will that way forever -- it is going to be a painful 5 - 10 years, just like the ramp up, the tear down will take time.
If only people read about PBOC, CNY/CNH and how currency is a political tool within China, you realize they have successfully exploited the "free market" impulse to effectively use state capitalism and dumping to create the world we are in Today.
Just because the supply chains got complex and intertwined with China does not mean it will that way forever -- it is going to be a painful 5 - 10 years, just like the ramp up, the tear down will take time.