Biden warned China's Xi on West's investment after Putin meeting
www.reuters.com
U.S. President Joe Biden told Chinese President Xi Jinping following his meeting with Russia's Vladimir Putin to "be careful" because Beijing relies on Western investment.

U.S. President Joe Biden told Chinese President Xi Jinping following his meeting with Russia’s Vladimir Putin to “be careful” because Beijing relies on Western investment.

    • Doug@vlemmy.net
      2·
      1 year ago

      Escorts our of south was Asia were over 70% from China a few years ago and we’re only 50% from China last year. These numbers are from my memory so probably not exact but close enough.

      Decoupling/derisking is happening quickly with all major players moving to a china +1 policy for manufacturing.