West more dependent on China for supply chains than China on West: Louis-Vincent Gave #环球时报 #GlobalTimes

West more dependent on China for supply chains than China on West: Louis-Vincent Gave
When the Western world, especially the US, weaponized the semiconductor industry against China in 2018, China had to de-Westernized the supply chains. It was economically painful but a clear choice. Now the Western world is stuck in a position where the Western world is now far more dependent on China than China is dependent on the Western world: Louis-Vincent Gave, CEO and co-founder of Gavekal Research #GlobalArena

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