West no more laughing at China but crying over China

 I do not think they are laughing at EVs, shipbuilding, high-speed railways, drone technology, solar panels, wind turbines, rare earth and other minerals largely controlled by China both in raw resources and refining, space exploration and the Tiangong Space Station.

Some of the other rarely mentioned things include domination in artificial diamonds, tunnel boring machines, legacy chips, agricultural machineries, commercial vehicles like E-buses, trucks, excavators and construction machinery. These are very much cheaper than those from conventional sources like Germany and Japan and selling well in Global South countries.

So, the USA and the West can keep laughing, while China keeps up its overcapacity in everything catering largely to the Global South market. Things too cheap cannot sell in the USA and Europe and must be considered junks and kept out from consumers in the USA. Manufacturing inside the USA and Europe need expensive machineries and raw materials to make expensive goods for their own citizens. China is no longer interested in making high-end goods making a pittance and letting big names put on a label and make exorbitant profits. Those days are over and China is going to make all the profits for itself. Just let them feel good by massaging their own egos, that brings little benefit.

Now, what is happening in Europe with all the protest spreading? It is all about cost of living ignited by side issues. One thing leads to another as people wised up and start to see the picture. Sure, those protests can be stamped down by force, but the underlying reason cannot just go away. It will fester and explode.

When violent protest erupted in Hong Kong, a lot of accusation against the Hong Kong law enforcement use of force against protestors was all over the media. Did the media say anything about the high-handed action against protestors in France. Oh, the Hong Kong protestors were very peaceful attacking Government buildings and those in France were violent. Just listen to the hypocrisy.

Anonymous