• towhee [he/him]@hexbear.net
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    2 days ago

    aka moving further up the value chain like US did when it de-industrialized, moving lower-value fundamental manufacturing to Vietnam

      • Jabril [none/use name]@hexbear.net
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        2 days ago

        It could actually be good for everyone involved if done well, which I think is China’s premise with BRI at large. China’s consumption could fuel a rapid development of the global south in the way that western consumption supported China’s development to become what it is today. The big differences being that China is doing it with the goal of helping to develop the places the west intentionally underdeveloped.

        • AF_R [he/him]@hexbear.net
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          2 days ago

          Africa is the future of the world in terms of population, production, and natural resources, and China is positioning themselves as a key ally, trading partner, investor, and goods consumer.

          As the West convulses in its death throes, China and Africa will be resplendent.

      • towhee [he/him]@hexbear.net
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        2 days ago

        Depends, it’s a pretty common take that a lot of the US’s infrastructural woes are due to not being able to build things effectively anymore, which is downstream of de-industrialization.