Trump killed off USA's EV, wind turbine and solar panel
industries, leaving the door for China to dominate. Fortunately, Elon
Musk saw the issue clearly and looked far ahead and Tesla chose to do
manufacturing in China and be closer to its main EV market in China.
Biden
is taking a leaf from Trump and is killing USA's semiconductor
industry, forcing China to innovate and compete against the Chips
Alliance. The competition is hotting up and some are feeling the heat.
Intel and AMD, including Micron, are having a taste of what is to come.
And
the USA can do nothing about it, despite the strutting of its feathers
for show by setting up the Chips Alliance and what not. China controls
the ownership, extraction, refining and release of the essential raw
materials for global consumption, with domestic manufacturers getting
the lion's share of those raw materials. That is why companies like
Volkswagen and other German entities are relocating to China to take
advantage of the supply chain and cheaper energy cost, and thus are able
to compete effectively and sell in the China market itself and globally
too.
USA makers of EVs, solar panels and semiconductors do not
have that supply chain advantage outside China and will be erased from
the competition in pricing, not just in China, but globally as well.
CEOs of industries are not foolish or daft, but Leaders of Government in
the West are still intent to keep burying their heads in the sand. That
is also why CEOs of Western conglomerates have been to China recently
to set up joint ventures, totally contrary to what their own Government
leaders are spouting and repeating of the mantra about the need to
decouple or derisk from China.
When are the Western leaders
going to wake up from their wet dream is uncertain. But one thing for
sure and that is China continuing to reap all the benefits. Do not blame
China for benefitting from the miseries of others. Who can blame China?
The USA and the West brought all the problems upon themselves, shot
their own feet, trying to pull China down to their level.
PS. Clueless Biden would always live under the shadow of Trump, to want to be more man than Trump.
Anonymous
3 comments:
It doesn't matter who is in the White House, be it Bidamn, Trump or whatever. They are all the same - All Anglo-Saxon toxic poison, all warmongers and extreme anti-China haters who have no qualms to kill Chinese people and take China down. China must forever be well armed with nuclear teeth to deter US and its savage Western allies from attacking China .
Southernglory1
Janet Yellen is trying to drag the rest of the world into her agenda on behalf of the USA by repeating the narrative that China's industrial overcapacity is a threat to the rest of the world. How is that a threat to the rest of the world when the world can have access to cheaper goods that the USA and the West can never provide? If the USA does not want cheaper goods, that is their freedom to choose. Why drag the rest of the world into their rhetoric and fear mongering?
That China's overcapacity is now proving to be a threat to the USA and its allies is the reality, and certainly nothing of a threat to the rest of the world. She has to drag the rest of the world into her narrative to add support to her nefarious, illogical and fallacious accusation against China.
The USA cannot fight a war or battle alone with Russia, China or even Iraq without dragging its allies into the fray. They claimed that those who followed them during the Iraq War were a 'Coalition of the Willing', undeniably to justify their evil designs to steal the oil in Iraq after starting a war fraught with lies and fake evidence. Now it is using the same modus operandi of using the Europeans against Russia in Ukraine. And it is intending to do the same by using its East Asian allies like Japan, South Korea and Philippines to do their dirty work against China.
What is the industrial overcapacity threat posed by China actually? With Industrial overcapacity, China is in a position to dominate and flood the market with cheaper identical products that can kill off any competition that the USA and the West are trying to build up. The USA and the West can boast of re-industrialization and building up, for example, of its rare earth refining abilities, which China does not fear as China's overcapacity can always kill them off at leisure. Who wants to invest in such ventures when China is posing such a threat to their existence? That is the USA's biggest fear, not the cheaper goods that China is churning out.
Therefore, China must never fall for Yellen's fallacious and misguided narrative and continue on its industrial push together with its military buildup. It will never be proven wrong.
NATO has even been told to expand into Asia, with a foothold in Japan as its starting point.
What the USA is trying to do is expand NATO into Asia, so that after the war in Ukraine is over, they can use NATO to back up their plans to take down China. Remember that any attack against any NATO member is taken as an attack against NATO vis a vis the USA itself. If Japan were to join NATO, an attack on Japan is going to start a war between China and NATO as well. And you can bet you last dollar that Japan will be the first non-European country to join NATO.
That is how evil the Anglo-Saxon Whites are, thinking and inventing all kinds of evil plans to rule the world.
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