alt Hacker NewsI'm not the "hive mind" of HN or whatever. Individuals hold unique opinions.
Yes, China is a rival. No, they have not won. Their economy is in a lot of trouble, likely far worse than the shape of the US's currently. That situation may accelerate a hot war though, as has historically been the case globally.
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You need to stop watching those “China is gonna collapse any minute now…” youtube videos
China is only getting stronger. They have captured basically the entire electronics industry - except a handful of cutting-edge chips. They have captured the solar panel industry. They are significantly outperforming the traditional brands when it comes to all kinds of BEVs.
In all the ways that matter, China is rapidly racing towards or even past the West. We've been pretending that it is possible to remain relevant on the world stage while only offering services and a handful of luxury goods. A China without the West would be a painful transition, but the West without China? A massacre.
China hasn't won yet primarily because the West hasn't even figured out it is in a competition. We're getting our asses kicked and don't even realize it yet! Worst of all? The Western capitalists created China, all for a few cents of shareholder value...
> Their economy is in a lot of trouble, likely far worse than the shape of the US's currently
Source: trust me bro
People have been claiming this since the 2000s. There are Economist articles from 2005 predicting an imminent collapse of China's economy. China has only grown more rapidly since then.