U.S. President Joe Biden told Chinese President Xi Jinping following his meeting with Russia’s Vladimir Putin to “be careful” because Beijing relies on Western investment.

    • Doug@vlemmy.net
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      1 year ago

      Escorts our of south was Asia were over 70% from China a few years ago and we’re only 50% from China last year. These numbers are from my memory so probably not exact but close enough.

      Decoupling/derisking is happening quickly with all major players moving to a china +1 policy for manufacturing.