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RE: LeoThread 2024-11-13 03:36

in LeoFinancelast month

So how have they prepared? "China has, to a large degree, moved to insulate what has been described by some scholars as its Fortress Economy to prepare it to withstand external shocks like tariffs or tech restrictions. They've been replacing, for example, software and hardware in state-owned enterprises and government institutions, removing overseas software and putting in domestic software. They are also investing tremendous amounts of money in things like domestic chip making."