Biden warned China's Xi on West's investment after Putin meeting
www.reuters.com
U.S. President Joe Biden told Chinese President Xi Jinping following his meeting with Russia's Vladimir Putin to "be careful" because Beijing relies on Western investment.

U.S. President Joe Biden told Chinese President Xi Jinping following his meeting with Russia’s Vladimir Putin to “be careful” because Beijing relies on Western investment.

  • NoneOfUrBusiness
    21•1 year ago

    Hasn’t that actually changing, with Western corporations turning to Vietnam and its neighbors due to wages rising in China?

    • @HerrVorragend
      9•1 year ago

      That is true, but it is a very slow process that will take many years

      • @[email protected]
        4•1 year ago

        Escorts our of south was Asia were over 70% from China a few years ago and we’re only 50% from China last year. These numbers are from my memory so probably not exact but close enough.

        Decoupling/derisking is happening quickly with all major players moving to a china +1 policy for manufacturing.

    • @Aux
      5•1 year ago

      And who owns factories in Vietnam? China, lol. China is investing heavily in poor countries all over the world.