Post #2501891

2026-05-13 12:33 UTC

China took advantage of the technology gap and capital flooding to build up its industry. Now, it is pivoting to increasing domestic consumption and multilateralism with the global south, energy independence, and cooperative agreements with the rest of the global south. It is not a permanently static system (nothing truly is), but one that adapts as time progresses to new conditions. The China of today is not the China of the 90s.

Replies (1)

@Jax@sh.itjust.works 2026-05-13 17:10

China took advantage of the technology gap and capital flooding That’s a funny way of spelling child labor and sweat shops. Yes I recognize how China has leveraged its position. No, I do not accept that China is socialist. I think whatever China is, is new — what isn’t new is human fallibility. Certainly can’t be socialism, because they wouldn’t need to force billionaires to be philanthropists — the billionaires wouldn’t exist. Like surely I’m not the only one who sees the hypocrisy there? This isn’t even meant to be a ‘gotcha’ — how do you maintain that China is a socialist country with rapidly growing wealth inequality? Is it because the odd billionaire get’s popped every now and again or is forced to donate a large sum of their money? Seriously? I’m not going to sit here and say ‘America #1’ because I don’t believe that and haven’t for decades. Let me put it this way, I think that if this meeting between U.S. billionaires + Trump in China ends without a single one of these individuals being arrested — I have my answer on where China really stands.

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