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“The problem Beijing faced in 2022 was that in crucial areas, it was still too soon to make a break with the West.” He elaborated that “China was barely any closer to constructing a resilient alternative financial architecture than it had been in 2014. The technology story was equally problematic: despite the massive push to build its own semiconductor industry, Chinese firms were still painfully reliant on U.S. intellectual property.”

That's as close to 100% wrong as sweeping generalizations get.

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If Elon Musk develops and markets a telephone to compete with the I-Phone, China's economy will collapse.

Well, that's just a fantasy. But if the NBA, the Biden family, and Disney ever abandoned the CCP, there would be unrest and starvation in parts of China.

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