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Deglobalization and Its Impact on China and Western Economies
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48:14 - 49:31 (01:16)

The deglobalization trend has led to more sophisticated decision making among Western economies, such as transfer pricing, which allows them to compete with China even at zero energy. Additionally, game theory is being used to slow China down by embargoing the most sophisticated equipment in the semiconductor industry to balance the playing field and create jobs for Western economies.

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