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US Sanctions Helped China Supercharge Its Chipmaking Industry

This is why it is good to keep the US bogged down in wars and other irrelivant issues. Let papa America play the grandad of the world and China get ahead of the pack silently.
LOL, Biden/democrats sending 55 billion to Ukraine and 60k troops to Nato in Europe is a colossal waste of borrowed capital. China is funding US decline and making a profit.
 
LOL, Biden/democrats sending 55 billion to Ukraine and 60k troops to Nato in Europe is a colossal waste of borrowed capital. China is funding US decline and making a profit.
" Jimmy Carter revealed that he had recently spoken with President Donald Trump about China. Carter, 94, said Trump was worried about China’s growing economy and expressed concern that “China is getting ahead of us.”

Carter, who normalized diplomatic relations between Washington and Beijing in 1979, said he told Trump that much of China’s success was due to its peaceful foreign policy.

“Since 1979, do you know how many times China has been at war with anybody?” Carter asked. “None, and we have stayed at war.”

China’s peace dividend has allowed and enhanced its economic growth, Carter said. “How many miles of high-speed railroad do we have in this country?” he asked. China has around 18,000 miles (29,000 km) of high speed rail lines while the US has “wasted, I think, $3 trillion” on military spending. According to a November 2018 study by Brown University’s Watson Institute of International and Public Affairs, the US has spent $5.9 trillion waging war in Iraq, Syria, Afghanistan, Pakistan and other nations since 2001.

“It’s more than you can imagine,” Carter said of US war spending. “China has not wasted a single penny on war, and that’s why they’re ahead of us. In almost every way.”

 

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