It used to be a win-win trade relationship, ST Chinese buying US designed chipset and manufacturing the end product but Huawei got too successful and innovative. The trade war did caused a bit of ST PAIN for this Chinese Tech conglomerate but they came back strong and released the Mate 60 opportunistically to timed the Raimondo visit it seems. I read that by mid-2024, China would be 100% independent of any Western reliance of the complete chip making ability.
Compare this to the current was waged against Russia, the 1st round from 2014 did cause a bit of ST economic pain to the Russian economy but they prepared themselves but obviously not as well with the foreign investments of their sovereign wealth fund confiscated. Who knows if they were unprepared for this or simply EU couldn't find the money trail. Now it seems Russian economic reliance of Western demand cannot mitigated and in fact has opened up new markets and trading blocks of BRICS and in time alt models to rival those institutions set up by US post WW2.
More talk of Germany losing their industrial capacity and lead as an EU powerhouse. A lot of moving parts that will affect the entire world with a resurgence of African revolution to bring themselves up to the modern world with role models from Asia and opportunities provided by Russia and China.
Brave new world.
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