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Yogthos
@yogthos@social.marxist.network  ·  activity timestamp 2 days ago

China makes one-third of the world's manufactured goods. Chinese companies are increasingly expanding globally, establishing factories in Southeast Asia, the Middle East, and Latin America. This expansion helps them bypass tariffs and find new markets, much like Japan's in the 1980s. This is concerning for the U.S. and its vassals as it shifts local economic and political dynamics.

https://www.npr.org/2025/09/17/nx-s1-5529320/how-chinas-growing-industrial-power-buffers-it-from-the-trade-war

#economics #geopolitics #usa #china

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Maybe(oz)
@oz@mastodon.social replied  ·  activity timestamp 2 days ago

@yogthos Yes, this is concerning for Western economies as they have realized (a long time ago) that they now rely on an economical superpower that they do not control ; and the like control very much.

For lots of other countries, I'm afraid it does not change much, but maybe I'm being pessimistic.

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Yogthos
@yogthos@social.marxist.network replied  ·  activity timestamp 2 days ago

@oz I expect we'll see the global economy increasingly bifurcate between BRICS and G7. I do expect that the situation for countries outside G7 influence will improve as a result.

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