World News

2714 readers

73 users here now

founded 5 years ago

MODERATORS

muad_dibber@lemmygrad.ml

sovietsnake@lemmygrad.ml

ksynwa@lemmygrad.ml

Getting a whiplash from how fast we went from talking about China collapsing economically to all of a sudden being a major economic threat for the US. (www.bloomberg.com)

submitted 1 year ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml

4 comments fedilink hide all child comments

https://archive.ph/XKq7L

you are viewing a single comment's thread
view the rest of the comments

[–] toilet_wolf@lemmygrad.ml 7 points 1 year ago (1 children)

China’s support for its domestic industries has drawn complaints from competitors since it joined the World Trade Organization two decades ago. They argue that direct and indirect government support has kept costs down and exports cheap.

"stop being so good at producing stuff! it's not fair!"

[–] goferking0@lemmy.sdf.org 3 points 1 year ago

Such a good thing all those companies offshored so much 30-40 years ago for that sweet sweet short term profits