"Now as China is forming new global supply chains, it’s building on existing ones established by Japan and South Korea as well as the West. Chinese EV makers can build on Toyota and Nissan’s supply chain in Thailand. Chinese electronics companies can build on Samsung’s manufacturing base in Vietnam.
And, like Japan before it, China is using these economic linkages to support its own national interests while framing them as mutually beneficial partnerships. China is not the only country that loves using the phrase “win-win” when describing international partnerships. Shinzo Abe used it frequently when talking about Japan’s relationship with the US, EU, Russia, Asia, and of course China. For decades, Japan claimed credit for using aid and investment to help its Asian neighbors develop economically while turning the region into Japan’s manufacturing backyard. Throughout this whole process, Japan was careful to maintain control over core technology and prevent technology “leakage” to other countries. Now China is doing many of the same things with a similar framing.
But there is one important difference. China appears willing to leverage its control over technology, machinery, and critical inputs to actively undermine the industrial development of other countries—India being the prime example. In a not-so-ironic twist, China’s approach looks more like that of another great power, namely US efforts to cut out China."
https://www.high-capacity.com/p/china-is-trying-to-reshape-global
#China #PoliticalEconomy #Imperialism #Manufacturing #SupplyChains
And, like Japan before it, China is using these economic linkages to support its own national interests while framing them as mutually beneficial partnerships. China is not the only country that loves using the phrase “win-win” when describing international partnerships. Shinzo Abe used it frequently when talking about Japan’s relationship with the US, EU, Russia, Asia, and of course China. For decades, Japan claimed credit for using aid and investment to help its Asian neighbors develop economically while turning the region into Japan’s manufacturing backyard. Throughout this whole process, Japan was careful to maintain control over core technology and prevent technology “leakage” to other countries. Now China is doing many of the same things with a similar framing.
But there is one important difference. China appears willing to leverage its control over technology, machinery, and critical inputs to actively undermine the industrial development of other countries—India being the prime example. In a not-so-ironic twist, China’s approach looks more like that of another great power, namely US efforts to cut out China."
https://www.high-capacity.com/p/china-is-trying-to-reshape-global
#China #PoliticalEconomy #Imperialism #Manufacturing #SupplyChains
China is trying to reshape global supply chains
China is using "industrial diplomacy" and technology controls to create new China-friendly global production networks centered around China.Kyle Chan (High Capacity)
