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submitted 1 year ago by throws_lemy@lemmy.nz to c/world@lemmy.world
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[-] bighi@lemmy.world 2 points 1 year ago* (last edited 1 year ago)

Yes, China gets to be an exception for two big reasons. One is that they're only partially socialist. They allow American companies to profit from their population, which pleases the US (a little). And the biggest one is that China is powerful. Power creates exceptions.

The US tries to find loopholes all the time, though. They're always trying to harm China without creating an all-out economic war. Coming up with lies regarding Huawei as an excuse to block them, etc. But they can't create a blockade against China, because the US would probably lose more than China. The US depends on China more than China depends on the US. Specially because China is the country holding the biggest amount of US national debt, and US dollars.

[-] Kusimulkku@lemm.ee 1 points 1 year ago

Yes, China gets to be an exception for two big reasons. One is that they're only partially socialist.

I see.

this post was submitted on 01 Dec 2023
190 points (97.5% liked)

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