3)The effects of US investment in china&china's access to US market exaggerated
Replying to: 2)Rule of 'laws' means 'laws' sanctioned by the yanks -- ChairmanMaoHamet Post ReplyForum


ChairmanMaoHamet

11/27/2020, 21:40:51




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Let me repeat:

1)Lo value added industry:It helped urbanisation and provided jobs to rural migrants but being lo value added means it can't create much revenues. Figures of significant% of such exports are also exaggerated because it's total value of the merchandise, not the values (through assembling)added to imported components.

2)Core industry: Only the auto industry received large yank investment bcos of the huge internal chinese market, not for export to US; ever heard of yank investment in china electricity generation or HSR or steel making?

3)Hi tech: Under severe Yankie sanction/embargo.

 






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