Members of Kibbutz Hanita are suing the Chinese-controlled Ballet Vision fund for refusing to buy their remaining stake in an intraocular lens plant, citing losses and what it says is a Chinese government ban on new investments in Israel since the war
Some european or american user might be confused by the approach of the Chinese governement, but for most purposes a strong emphasis on the Chinese national culture and industry has been a pivot and a prerogative of the Chinese powers (going as back as the kingdoms) since the foundation of a central political insititution.
In that regard the political and social culture of China are historically China-first. They essentially see the region as the center of the world.
It’s in their name too.
Trading globally is a tool for that principle too.
Or do you think they wouldn’t prioritise their own area?
They currently detain a third of new patents globally, for medical research alone, and it used to be next to none a few decades back.
Some european or american user might be confused by the approach of the Chinese governement, but for most purposes a strong emphasis on the Chinese national culture and industry has been a pivot and a prerogative of the Chinese powers (going as back as the kingdoms) since the foundation of a central political insititution. In that regard the political and social culture of China are historically China-first. They essentially see the region as the center of the world. It’s in their name too. Trading globally is a tool for that principle too. Or do you think they wouldn’t prioritise their own area? They currently detain a third of new patents globally, for medical research alone, and it used to be next to none a few decades back.