Tag: economic geopolitics
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Why China’s Ability to Make a $6 Toaster is a Big Problem for the Global South
China is breaking the rules of development. Typically, as countries progress up the value chain, they transition from agriculture to light industry, then to heavy industry, and ultimately to high-technology and services. And as they move up the value chain, this ...
TOPSHOT - A giant screen outside a shopping mall shows news coverage of Venezuelan President Nicolas Maduro meeting Chinese President Xi Jinping in Beijing on September 13, 2023. (Photo by Pedro PARDO / AFP)
In recent months, amid U.S. military interventions in Venezuela and Iran, questions about how China responds to threats facing its “allies” – if they can be described as such – have resurfaced with increasing frequency in policy circles worldwide, including across the Global South. This ...
Why China’s Ability to Make a $6 Toaster is a Big Problem for the Global South
China is breaking the rules of development. Typically, as countries progress up the value chain, they transition from agriculture to light industry, then to heavy industry, and ultimately to high-technology and services. And as they move up the value chain, this ...