The view from China: “The US is not getting ripped off by anybody” “The problem is the US has been living beyond its means for decades. It consumes more than it produces. It has outsourced its manufacturing and borrowed money in order to have a higher standard of living than it’s…
— Amena Bakr (@Amena__Bakr) April 16, 2025
China has spent 7 yrs making "bad economic choices" to prepare itself for decoupling it has anticipated since 2018.
It has diversified trade partners.
Deflated stock & real estate bubble
Punished big tech & encouraged new startups
Drove industrial policy in new emerging sectors. pic.twitter.com/p3ZawOSNdH— tphuang (@tphuang) April 17, 2025