Why is it like this?
The hallmark of socialism is the rapid development of the productive forces. Countries with anarchy of production only chase profit margins, China can consciously develop towards actual production of goods
>>517659400Steel production is energy intensive and wouldn't be cool to do where we live, so we dig up our country and send it to China, they make steel. We're so eco friendly and shit.
A) chingchong liesB) there’ll be fields full of rusting steel visible from space like the toy cars they makeChina is just a scam.
>>517659400China actually produces things. Western capitalists on the other hand "generate wealth", which is just a euphemism for economic parasitism (stock market speculation, predatory loans, rent seeking etc.)
>>517659400China makes steel to mak their civilisation great again.European / American steel makers make steel for profit, so they raise the price and rub their hand evrytime your military indutry buy expensive steel from them.In return they can't make as much, because your military can only rip off the middle class so much.
>>517659400Why make steel when you can play the wall-street game and make money?
>>517660318The US profit from this. They took your Rio tinto and BHP after you took their cup. They crushed Alan bond then took your Chinese customers to tank the share price of your big miners. then bought them.
>>517659400>be developing nation or turd world>not a lot of money>US steel is a lot>China steel is not a lot>Steel is steel>buy chinese steelMost the places China is selling steel to don't look too hard at anything but the cost, quality? Bah it's fine LMAO how do you have bad steel!