China’s top chipmaker may be in hot water as US lawmakers call for further sanctions after Huawei ‘breakthrough’::Shares in SMIC, China’s largest contract chipmaker, plunged on Thursday, after two US congressmen called on the White House to further restrict export sales to the company.
The fiction of the last 30 years is revealed to those with eyes to see.
All this time the capital class and their lackeys have been saying “Russia is a our superfriend now and China wants to be democratic so we are helping them by using their slave labour and don’t you feel guilty for questioning our supremely good intentions here!”
And meanwhile it’s the same old global power struggle, but you can make SO MUCH using slave labour, it was just too tempting to send every bit of our labour - even our high tech - over to their factories.
The CCP be like “oh no, I have this enormous population of exploitable laborers with minimal workers rights, sure hope some wealthy western capitalist don’t use them and make us rich in the process”.
Thats ironic as fuck. Because nowadays chinese citizens have healthcare and north americans dont
Apparently, if what you say is true, all paid for by working class north americans
I mean, it’s not even a question. It’s pretty openly deliberate strategy from China based entirely on their open theoretical analysis and public 5-year plans. They knew the owning class was incentivized by profits and that the ideological conditions in the West after the decline of the USSR created a blindspots. So China created the conditions for foreign investment but was super open about intellectual property, government oversight and intervention, etc. The white billionaires saw the profit potential and went for it. It was the first time in history that the West voluntarily deindustrialized itself whole hog in favor of developing a subordinate country. Sure, in the past the West moves the most toxic industries to colonies and such, but that was all the evidence China needed that the trend could be expanded.
They sold the capitalists the rope they’d be hung with, and the capitalists are still hoping they sell that rope for a profit.
you have a source for the aforementioned public information on that?
https://en.m.wikipedia.org/wiki/Five-year_plans_of_China
Here’s the high level summary of every 5 year plan that China has produced. There are references galore.
The US healthcare system is poor, especially considering the considerable wealth of the US. But 91.7% of Americans have healthcare, and Canada and Mexico both have socialized healthcare.
So when you say, “north americans dont (have healthcare)”, you’re guzzling the saddest lowest IQ attempt at propaganda I’ve ever seen.
https://www.businessinsider.com/companies-brands-china-supply-chains-illegal-forced-labor-2022-12
Western capitalists getting rich off CCP forced labor.