White House unveils ban on US investment in Chinese tech sectors::Biden cites security risk as he restricts American capital for companies linked to China’s military
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Like it or not China has become a huge threat, not just economically. they are not our allies by any stretch and we shouldnt treat them as such.
At least that’s what the current hegemon says to the world.
A great move 30 years after neoliberalism forced globalization down our throats and brought the planet to the brink of collapse in the name of exploiting the global south.