• pancake@lemmygrad.ml
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    1 month ago

    Very interesting. I’d say China will only increase and cheapen its production even more, which will allow them to push their influence. They have been focusing on doing exactly that, by building efficient transportation networks, putting increasingly more companies’ equities in the hands of the state (and therefore sidestepping investors), and, recently, setting up abundant facilities for cheap, green energy production. All three of those policies rely for their swift and massive realization on what US policymakers nowadays seem to refer to as “non-market” dynamics, which are basically out of the question for them.