Comment by greycol
2 hours ago
They had basically been planning for this shortfall for ever as a likely outcome of sanctions/blockades during an invasion of Taiwan.
Curtailing imports so much is a smart soft power move in not only does it ingratiate countries that would suffer most from the price spike but it could soften the resolve of Taiwan in showing that one of the largest penalties that would result from the invasion isn't nearly as punishing which in turn makes Taiwan's porcupine strategy less viable.
Along with US own goals like the thoroughly bungled and unplanned invasion, tariffs, corruption (both business crimes and more moral crimes like pedophilia or disregard for following legal process) it's made most of the west rate China above USA in favourability [latest Pew research poll].
No comments yet
Contribute on Hacker News ↗