So can I get rich by selling off my old electronics or what
China states that it is to cut off supply for military applications. More likely it was a tit-for-tat response to the CHIPS act. Cut China off from the most advanced chips, they cut the US off from the raw materials to make chips.
If it is actually about military applications that’s more worrisome. US generals have predicted war with China in the near future as a foregone conclusion.
Trade war is one thing. Military conflict between the two global superpowers would be disastrous.
I would argue that China is not a global superpower. It lacks both hard and soft power for this status. Their conventional force projection capabilities are pitiful and culturally, the increasingly nationalist and restrictive dictatorship is unable to exert more influence than many small nations.
c/leopardsatemyface
