Summary

China has imposed an export ban on dual-use products to 28 U.S. defense contractors, including Lockheed Martin, Raytheon, Boeing, and General Dynamics, in retaliation for U.S. arms sales to Taiwan.

Ten firms were barred from trade and investments in China.

Beijing condemned the arms sales, citing violations of the One China principle and threats to Taiwan Strait stability.

The ban follows Taiwan’s recent receipt of advanced U.S. military equipment, including Abrams tanks, as the island bolsters its defenses against China’s military activities.

  • @[email protected]
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    -115 days ago

    The nordics have less than 40% of their economy in the private sector? Got literally any sources for that little one?

    • @[email protected]
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      45 days ago

      Do you think that makes China communist? Could you share your definition of communism? Because I don’t think it’s Marx’s.

      • Flying SquidM
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        5 days ago

        Apparently they couldn’t. They could accuse you of not reading your theory though.

      • @[email protected]
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        -165 days ago

        Oh no, you’ve never read theory or anything even marginally related to economics from anything but a corporatist perspective.

        I’m so sorry.

        Anyway this discussion is above you. China is a socialist state. They are a dictatorship of the proletariat, not of capital. Their economy is centrally planned. Their economy is 60% publicly owned. The part of the economy that is a private market has nothing to do with anything essential to life. No part of Marx nor Lenin’s work precludes a market economy. Not one single part.

        Read your theory.