NYT Gift article about the efforts of the CCP to restrict foreign investment by Chinese companies in the name of national security.
Why it's relevant to NL: The breaking down of international trade relations as trust erodes.
Posted by altacan
NYT Gift article about the efforts of the CCP to restrict foreign investment by Chinese companies in the name of national security.
Why it's relevant to NL: The breaking down of international trade relations as trust erodes.
Posted by altacan
2 Comments
>China is erecting walls to prevent money, technology and companies from leaving the country.
Do something, lose.
It’s obvious that more trade wars are coming. For example, the EU Commission is also openly [gearing up for one](https://www.reuters.com/world/china/european-commission-debates-policy-shift-protect-industry-china-2026-05-29/).
> BRUSSELS, May 29 (Reuters) – The EU’s trade and investment relationship with China is “not sustainable”, the European Commission said on Friday, vowing a stronger response as commissioners discussed how best to shield Europe’s industries from surging Chinese imports. Commissioners were pitching ideas ahead of an EU leaders’ summit on June 18 to 19, and possible proposals could include forcing EU firms to diversify supply chains or introducing new trade mechanisms to curb China’s access to the EU market in chemicals, metals and clean energy technology. “As economic and security interests become ever more intertwined, both dimensions will require a more robust and coherent response,” the Commission said.
Some people will doubtless argue that export controls are economically inefficient, but while that’s technically true, it’s also irrelevant. The point of a trade war is not economic efficiency. It’s to both inflict and withstand more pain than the other guy—and building an economic fortress is exactly how you win one.