With China Policy in Tatters, OEMs Best Expect More Shortages

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To say the recent America-China summit in Alaska didn’t go well would be a monumental understatement. It was no surprise to the Chinese contingent that the Americans’ opening gambit was to roll out the same litany of accusations about China’s human rights abuses and aggressive behavior that the U.S. has been touting for decades. It was China’s response that was significant here. In a stark departure from its normal diplomatic and conciliatory language, China fired back, pointing out that America was in no position to criticize anybody for human rights and aggression. It was an acknowledgment that they had enough. It was a watershed moment.

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