BRIChinaS+ is the future. We are watching the woke globalist suicide of the West.
And what did they do to "brother Ma?"
Hmmm let’s think on this, China controls the majority of rare earth production needed for electric vehicles and Elon/Tesla needs these rare earth materials.
When you run a multi-billion Dollar business internationally, you can’t just pull out at the drop of a hat, for political whims
Jamie Dimon of JP Morgan... he was one of those who was hanging around Jeff Epstein.
China: Political Infighting on Display as Chinese Leader and Premier Give Conflicting Comments on State of Economy
Epoch Times ^ | 06/12/2020 | Nicole Hao
Posted on 6/12/2020, 11:33:34 AM by SeekAndFind
During a recent inspection tour of villages in the region of Ningxia, Chinese leader Xi Jinping emphasized his goal for China to become “a moderately prosperous society.” This catchphrase was coined soon after he took power in 2012, and is his flagship economic policy.
Xi also penned a May 31 article in Qiushi, the Chinese Communist Party (CCP)’s official magazine, that China is advancing toward achieving that goal, with “400 million people in the middle class.”
His standard for middle class was: an annual household income of 100,000 to 500,000 yuan ($14,160-$70,810). But in China, multi-generational households living under one roof are not uncommon.
Meanwhile, Chinese premier Li Keqiang has recently highlighted the unemployment and poverty crisis in the country, which have been exacerbated by the CCP virus pandemic.
Li said during a meeting of China’s rubber-stamp legislature on May 28 that 600 million Chinese only earn 1,000 yuan ($140) per month, which is not enough to pay for monthly rent on a one-bedroom apartment in a mid-sized Chinese city.
Li then promoted the idea of setting up a “street vendor economy” to alleviate the rising unemployment as a result of the pandemic.
On June 1, Li again said at an economic seminar in Qingdao city: “The challenges that [China] is facing is unprecedentedly difficult.” Li emphasized that hundreds of millions of Chinese people need financial support.
After Li’s speeches, state-run media first promoted the street vendor economy, but began running articles criticizing the idea on June 5.
Since then, each provincial and city government delivered conflicting information on whether or not street vendors would be allowed to sell their wares.
Observers have interpreted the openly contradictory messaging of late as an indication of the power struggle between Xi’s political faction and Li’s.
(Excerpt) Read more at theepochtimes.com
It’s only about money.
People need to stop thinking of most of these firms as “American.”
They are international. Their investors are from around the world, they do business around the world, sometimes more outside than in the US - example the Buick line in China. Their CEOs are sometimes foreign born.
These firms are motivated by returns for the investors, a huge dividend for the CEO and board of directors, and there is little loyalty to some US work force, the US as a nation, some Christian values, etc.
It’s just money, and the Chinese offer lots of cheap labor, no EPA standards, no OSHA, EEOC, and a HUGE market. The only thing preventing China crushing us is logistics. The cost of moving a lot of the stuff has been our saving grace as the costs in logistics and delays are often substantial.