Comment by dr_dshiv
Interesting theory. Any evidence that this is how the world really works? (And, is there a catchy name for the phenomenon?)
Interesting theory. Any evidence that this is how the world really works? (And, is there a catchy name for the phenomenon?)
That’s why the Huawei story seems different.
I think it’s about this attempt to block that actually makes the opponent stronger. The export restrictions were designed to weaken their competitiveness not enhance!
The restrictions blocked asml and Samsung and others from trading with China. Now China can just replace them. It seems.
Import substitution. Before the free trade ideology it was quite a popular and (usually) deliberate method for industrialisation and technological progress.
https://en.m.wikipedia.org/wiki/Import_substitution_industri...