US House panel plans Taiwan war game with Wall Street executives

ft.com

5 pointswalterbell3 comments

Is it possible for the west to build enough factories fast enough to offset a cutoff from China ?

It’s obvious a conflict would lower the standard of living for both countries, but I suspect Chinese people are willing to put up with worse qualities of life compared to westerners.

China went though a boom in quality of life, so in the same lifetime they are “returning” to what they had before.

Americans especially lived a pretty cushy life for the last few generations.

I don't know about that; it's been around 50 years since market reforms happened in China. Add to this that China considers the century it was dominated by western powers as an abberation, and you've got a recipe for the current regime losing the mandate of heaven, as it were.

https://archive.li/ZClAL

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