@winchrr: From the reactions following the May meeting between the two leaders, the path is clear. China is going all in on domestic technology, and is fully blocking domestic capital from fueling US tech companies. Domestic consumption has been sidelined—not because it's unwanted, but because strategic resources are scarce during this economic downturn, and steel must be used on the blade. The next 3-5 years will be a phase of full-throttle tech development. Ordinary people should prepare...
Summary
Analysis points out that based on the post-meeting moves between the US and China, China has made it clear to go all in on domestic technology and restrict capital flows to US tech companies. Consumption has been temporarily shelved. Over the next 3-5 years, resources will be concentrated on technology. It is recommended that ordinary people save cash to weather the economic downturn.
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