Summary
China has imposed an export ban on dual-use products to 28 U.S. defense contractors, including Lockheed Martin, Raytheon, Boeing, and General Dynamics, in retaliation for U.S. arms sales to Taiwan.
Ten firms were barred from trade and investments in China.
Beijing condemned the arms sales, citing violations of the One China principle and threats to Taiwan Strait stability.
The ban follows Taiwan’s recent receipt of advanced U.S. military equipment, including Abrams tanks, as the island bolsters its defenses against China’s military activities.
Note China needs American money just as much as America needs Chinese junk.
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Coming in HOT with the delusions this morning.My bad, this is a shitposting account guys. It’s just jokes.
The U.S. spent over half a trillion dollars on Chinese goods in 2022. You’re telling me they don’t need that?
https://ustr.gov/countries-regions/china-mongolia-taiwan/peoples-republic-china
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Sorry… 5% of their GDP isn’t that important?
What the fuck are you talking about?
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You realise that during the great recession GDP dropped by less than 5% in the US right?
This is some real ignorance of basic macroeconomics.
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You could have saved a lot of time by just telling everyone that you’ve never been to China and have no clue how it really operates. The Nordics are more communist than China.
I will never not laugh at BRICStards. BRICS is and always will be a joke. It’s a fabrication by Goldman Sachs that needy despots latched onto and are trying to manifest into reality because they’re jealous of not being part of NATO.
It’s not really a NATO “common defense” analogue and more of a G7-style economic partnership among countries not in the G7.
https://www.visualcapitalist.com/charted-comparing-the-gdp-of-brics-and-the-g7-countries/
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NATO is not only military. It never has been. It’s ideological.
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Oh sorry I didn’t realize this was a parody account — carry on.