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.
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 do love it when people tell me a nation with a massive stock exchange and over 800 billionaires isn’t capitalist.
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Do you think that makes China communist? Could you share your definition of communism? Because I don’t think it’s Marx’s.
Apparently they couldn’t. They could accuse you of not reading your theory though.
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