5/16/2024

De-coupling from China will eventually cripple the USA instead of China

 The seeds of de-coupling from China are really sprouting fast and furious, that will eventually cripple the USA instead of China.

Chinese drugmakers have been making pittance providing the essential raw materials for USA drug makers, who in turn makes billions 'freeloading' on cheap Chinese pharmaceutical raw materials over the years.

Now the USA Government is trying its very best to get rid of Chinese companies providing essential raw materials for the USA drug makers inside the USA citing, as usual, National Security Issues. These USA drug makers, just like Apple, makes billions every year leveraging on the cheap costs of their raw materials sourced from Chinese companies. These Chinese pharmaceutical providers have their supply chains inside China and are able to provide much cheaper products for their USA counterparts.

The USA Senate is passing a law to prevent USA drug makers from doing business with Chinese drug raw material providers in areas like cancer and HIV. These USA drug makers depend on those Chinese companies to provide the basic essentials for their drugs and will suffer catastrophic crippling in their ability to function, which will ultimately affect those dependent on those drugs. USA patients with cancer and HIV, among others, will have to pay an arm and a leg for such drugs. Medicare in the USA is already hitting the exosphere and medical insurance is getting out of reach.

The main source of materials in this comment is culled from Kevin Walmsley's site - 'Inside China Business'. Do visit his site for more details. 

aNONYMOU

4 comments:

Anonymous said...

Now the USA is trying to dominate the world's copper, when China already holds an iron grip on supplies. It is too late for them and an exercise in futility.

Anonymous said...

Why trying to take back what is already lost for good? Too late for that. Just concentrate on the overcapacity in toilet paper printing and keep inventing sanctions on others. These are the areas that they can dominate, for now.

Anonymous said...

Sweeping the floor to scavenge what is left by China is just what the USA is doing.

Virgo49 said...

https://youtu.be/jCdDSOMoIn0?si=ZyvWUYleUgYSB2Wi

This video of Wolf's Responds to Biden's Protectionism New Tariffs Aim at China said it all.

Point Blank at their Numb Skulls.