China’s plan to get around Western tariffs: Fill the world with factories
China’s plan to get around Western tariffs: Fill the world with factories
In response to the trade war, the Asian giant is investing billions of dollars abroad in plants, especially in industries linked to the energy transition
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And then we have mass worker revolts to seize the means of production in these countries right? Right?
Woulda been funny. Not just for the obvious benefit of having an uprising and potential revolution in Europe, but also to see how genuine those "red millionaires" are about socialism with Chinese characteristics
A bit nitpicky, but the idea behind SWCC isn't that the Capialists in the PRC are "the people's Capitalists" or anything, but that the State as a DotP allows market competition in a controlled manner similar to a birdcage. As these markets form monopolist syndicates, they centralize, and socialize, by which point the CPC increases public owership. Communism is achieved by degree, not by decree. Trying to achieve Communism through fiat has historically resulted in struggles and difficulties.
I recommend reading Socialism Developed China, Not Capitalism for an overview of what that entails.
I also recommend The East is Still Red - Chinese Socialism in the 21st Century by Carlos Martinez, it does a great job of dispelling common myths about China and it's economy, foreign policy, etc with solid sources through a solidly materialist lens.