How China became the world's industrial superpower - and why the US is desperate to stop it
Geopolitical Economy Report
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The Failure of the Neoliberal Capitalist Model
US national security advisor Jake Sullivan says China has outcompeted the US and its neoliberal capitalist model can't compete with Chinese socialism. He basically says that the US needs to adopt some socialistic policies in order to compete with China. America didn't just lose manufacturing, we eroded our competitiveness in critical technologies that would define the future," he said.
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