Thread updating you about China vs The US. You’re about to become incredibly smart, wise, you’ll really really like yourself and you’ll wake up tomorrow with new kitchen skills.
Year-to-date, the U.S. goods deficit with China is at $199b, down 10.2% from the same time last year pic.twitter.com/mkK8gwAmX5
— Adam Townsend (@adamscrabble) October 4, 2019
Then there’s this reflection: The People’s Republic of China at 70: Of Opium and 5G
The Opium Wars opened China. Mao tried to enclose China, and Deng reopened it. We are now, 70 years after the founding of the PRC, facing the question of whether a nation so constituted can long endure, or more precisely, endure without internal conflict. It is an old question in China and repeats itself in different ways. But in the end, it seems to terminate either in conflict or in ruthless suppression. Xi Jinping has signaled that he wishes to suppress conflict with minimal ruthlessness. The question is whether there is such a choice in China. The idea is that 5G and its brethren will allow China to leap over the question. Perhaps, but 5G will be sold to foreigners, and the customer has power. And in China, that power has always been dangerous.