The Biden administration has issued its first wave of investment bans on the Chinese tech space – things like AI or tech with military applications. However, money isn’t the problem for the Chinese; the real kicker is losing access to American know-how.
This is only the first wave of capital restrictions placed on the Chinese, but they won’t be hurting for cash. For the last 30 years, the Chinese have restricted capital from flowing abroad, ensuring a bottomless supply of money at home. That’s why China has seen explosive growth over the past few decades.
The one thing they do lack is ACCESS. Without the know-how and connections American investment gave them, all those doors will slam shut in their face. Innovation will be stifled, and economic growth will come to a halt.
This is only the first wave of capital restrictions placed on the Chinese, but the long-term effects will be devastating. And to kick Xi while he’s down, he’ll just have to sit back and watch the tech sectors of the countries around him surge to the top.
Here at Zeihan On Geopolitics we select a single charity to sponsor. We have two criteria:
First, we look across the world and use our skill sets to identify where the needs are most acute. Second, we look for an institution with preexisting networks for both materials gathering and aid distribution. That way we know every cent of our donation is not simply going directly to where help is needed most, but our donations serve as a force multiplier for a system already in existence. Then we give what we can.
Today, our chosen charity is a group called Medshare, which provides emergency medical services to communities in need, with a very heavy emphasis on locations facing acute crises. Medshare operates right in the thick of it. Until future notice, every cent we earn from every book we sell in every format through every retailer is going to Medshare’s Ukraine fund.
And then there’s you.
Our newsletters and videologues are not only free, they will always be free. We also will never share your contact information with anyone. All we ask is that if you find one of our releases in any way useful, that you make a donation to Medshare. Over one third of Ukraine’s pre-war population has either been forced from their homes, kidnapped and shipped to Russia, or is trying to survive in occupied lands. This is our way to help who we can. Please, join us.