After the shutdown, OPEC also reduced its production.
This is compounded by internal factors such as an aging population, rampant hedonism, and extreme political correctness.
Originally on the verge of collapse and unable to survive, major European manufacturing giants are now flocking to China to build factories.
BASF invested billions of euros to build a factory in Zhanjiang, Merck Electronics built a factory in Zhangjiagang, and Zeiss Optics built a factory in China for the first time in its history.
There are many similar news stories. Basically, these high-tech giants all chose to increase their investment in China in the early 2020s.
The Europa League looks like the third-placed team that gets knocked down before the first and second-placed teams even start fighting.
As a result, whether it was the advent of magic or the rapid development of artificial intelligence and industrial intelligence, both gave the Europa League a much-needed boost.
Bio-photovoltaics has helped the Europa League fill its last gap.
The Europa League has no shortage of technology, no shortage of money, and no shortage of research and development capabilities.
What they lack is low- to mid-level labor and cheap energy.
Industrial intelligence and bio-photovoltaics have perfectly helped them solve their own problems.
It's too difficult to get mainstream ethnic groups to have children, and we're unwilling to introduce non-mainstream ethnic groups. Now, it's all good; artificial intelligence is doing the work for us.
The same applies to China.
If industrial intelligence and bio-photovoltaics pulled the Europa League back from the brink of collapse, then the combination of the two will help America gradually escape the predicament of hollowing out.
Making money in the financial industry is too easy; compared to the financial industry, the manufacturing industry is at the bottom of the social hierarchy.
It is precisely because manufacturing is not profitable that America is able to reap the benefits of the entire world through the financial industry.
Therefore, America only retained its most advanced manufacturing and military industries within its own borders, diverting other manufacturing industries to the rest of the world, which marked the beginning of industrial globalization.
I only hold shares. I've given you the technology and industry. If you do well, I'll give you dividends. If you don't, well, since I've given you so much technology and industry, there will always be some who do well.
Those who perform well will be able to access more of the technologies and industries I distribute in the future.
China has enjoyed the most benefits in this process.
Making money is fast, but there is no industry left; a large amount of manufacturing has left, leading to the hollowing out of industry.
In fact, this structure would not be a problem if China did not exist.
I disperse my industries across various countries, and these countries need to work together to build a complete manufacturing industry.
At the same time, I am the leader of the martial arts world, using the Dragon-Slaying Saber (which represents military and financial hegemony) in my hands to command the world.
The lack of local industries, resulting in only the service and financial sectors, is not a problem.
But the problem is that China is always thinking about doing everything. Having industry is not enough; I also need technology. Having technology is not enough; I also need to break through upstream along the industrial chain.
I'm going to try and take a piece of the pie that wasn't originally allocated to me in the system.
This led to China's manufacturing industry first going from nothing to something, from something to complete, and then from complete to strong in some areas.
The rapid pace of development has alarmed America; if things continue this way, the very existence of their legendary sword is in question.
Artificial intelligence and bio-photovoltaics are also driving the return of manufacturing to America.
They originally intended to relocate the manufacturing industry to Mexico.
Now that artificial intelligence and bio-photovoltaics can reduce costs and do not require much labor, they are choosing to bring these technologies back to their home countries.
Let me add a few more words. In 2022, America not only demanded that its domestic semiconductor industry not do business with Chinese companies.
Washington has even been privately implying to companies outside its own semiconductor industry that it's okay to do business with Chinese companies.
I know it's difficult for you to decouple from Chinese companies right now, and you can't do it, but you are the one providing money-making opportunities to Chinese companies. They are the ones who need you, not the other way around.
At the very least, you must require that Chinese companies that want to do business with you have production bases overseas.
As a result, in 2022, a certain company claimed that if it did not have a production base outside of China when bidding for all American orders, it would be eliminated in the first round.
(This is something I've heard many companies mention, but I'm not sure if all American orders are like this.)
Therefore, by 2039, America's industries had essentially completed their mission of returning to their homeland.
The above are two relatively representative organizations.
As for China, it has also been doing very well in recent years, having deeply rooted itself in Southeast Asia and upgraded its own manufacturing industry.
China is considered one of the best-performing developing countries.
It even dragged Goryeo into the mess, and China basically devoured Goryeo's advantageous industries.
Because Korea and China have basically the same structure in import and export trade, Korea previously relied on its technological advantages, and China imported a large number of semiconductors and mechanical parts from Korea every year.
By 2039, the situation has reversed. China no longer needs to purchase from Korea, and Korea even has to import some advanced components from China.
In the 2020s, the five countries with the largest trade deficits with China were:
Australia, Korea, Brazil, Japan, and Switzerland.
Among them, the main exporters of precision instruments, semiconductors, and high-end materials are Korea, Switzerland, and Japan.
By the end of the 1930s, China had successfully achieved trade surpluses in all three countries.
Their reliance on high-end manufacturing has been reduced to almost zero.
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