this post was submitted on 31 Oct 2025
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This is coming from the Financial Times, so this is what the serious, sane capitalists actually believe. Xi, please, you have to see what's happening, right? xi-button

Tweet: https://x.com/bonzerbarry/status/1970486686405525948

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[–] Lussy@hexbear.net 37 points 3 weeks ago (2 children)

China had 2 decades to help Venezuela develop their productive capacity in order to refine their oil and they didn’t do shit.

DNC ass communist hegemon, with communist friends like these who needs capitalists

[–] CloutAtlas@hexbear.net 24 points 3 weeks ago

I think that might be due to geography. Any major Chinese redevelopment efforts for Venezuela would have to cross the US controlled Panama Canal, which the US would obviously crack down on. Sailing around Cape Horn is expensive and also dangerous.

While Venezuela is in the Belt and Road Initiative, anything large scale can't be air lifted would be costly.

[–] ColombianLenin@hexbear.net 23 points 3 weeks ago

It's only until relatively recently that China has taken an interest in helping the global south, namely 10 years. And even then, China has mostly focused on Eurasia and Africa. Latin America has been too far for China.

Rusia on the other hand has been more helpful historically.

[–] LeeeroooyJeeenkiiins@hexbear.net 37 points 3 weeks ago (3 children)

in 10 years china isn't going to fucking need oil imports lmao they'll be like at least 60-70% solar/wind/hydro powered, and Xinjiang still has a shitload of oil

[–] Des@hexbear.net 32 points 3 weeks ago (2 children)

in 10 years they will probably have thorium and even fusion reactors covering that last 30% and be starting construction on an orbital solar array

[–] FlakesBongler@hexbear.net 24 points 3 weeks ago (1 children)

The government pays Elon Musk to sabotage the array and all it does is just end up dropping orbital garbage across the Lower 48

lathe-of-heaven

[–] Des@hexbear.net 2 points 3 weeks ago

add this to the lathe: somehow he knocks out half his entire constellation of satellites as well by insisting on personally calculating (asking grok) the orbital rendezvous maneuver because hes such a junus

[–] Wheaties@hexbear.net 11 points 3 weeks ago (1 children)

Don't they already have energy positive thorium reactors? I thought there was a shipping vessel that runs on thorium as proof of concept

[–] KelvinSpace@hexbear.net 4 points 3 weeks ago

I think they have working prototype reactors but that’s about it for now. They have plans to build some pilot plants and hopefully if things go well they’ll expand from there.

[–] Lussy@hexbear.net 26 points 3 weeks ago

In ten years China will be fighting a protracted war against Nato and the west because the latter are not going to just sit there

[–] CloutAtlas@hexbear.net 18 points 3 weeks ago

Inshallah, in 10 years the US won't exist.

[–] Awoo@hexbear.net 29 points 3 weeks ago (1 children)

I think he sees what's happened and international restrictions on rare earths are the strongest option they had to play.

[–] KurtVonnegut@hexbear.net 23 points 3 weeks ago (1 children)

From what I've seen, and I might be wrong, it seems like Chine backed down this week and gave America everything it wanted for nothing but a small decrease in tariffs. Rare Earth discussion was just delayed one year into the future. It looks like China leadership's plan is to double down on manufacturing and exports, even as the tariffs force them to export to Europe and neighboring Asian nations instead of the USA.

[–] Awoo@hexbear.net 22 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

No. To my knowledge the controls for rare earths were only lifted for non-military use. This was reported in the media as "rare earths restrictions lifted" but is misleading.

[–] KurtVonnegut@hexbear.net 16 points 3 weeks ago (1 children)

Thank you, serves me right for relying on mainstream lib-news for any issue related to China.

[–] Awoo@hexbear.net 15 points 3 weeks ago

I also made this mistake before another hexbear corrected

[–] plinky@hexbear.net 25 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

it's obviously counterbalance to russia oil production, especially re:india. can i write for ft now? fucking idiots.

(like modi literally said allow us import from iran or venezuela and we'll think about cutting off russia, fucking lo and behold)

[–] Lussy@hexbear.net 12 points 3 weeks ago (1 children)

You…you think the US is invading Venezuela because of the Indians?

[–] plinky@hexbear.net 10 points 3 weeks ago

no, they are invading because of oil, but oil has a purpose, usa is printing oil, it's not 2005 anymore, the world is in oil glut, but it still would notice russia's output missing in america's gas prices, but if it where to be compensated by naked overtake of venezuela - shrug-outta-hecks

[–] Helios44@hexbear.net 16 points 3 weeks ago

Evil people run the world doggirl-gloom

[–] AernaLingus@hexbear.net 11 points 3 weeks ago* (last edited 3 weeks ago)

Direct link to the Financial Times article (I didn't hit a paywall for a change, but here's an archive link for good measure)

edit: also, TIL what a "Pauline conversion" is

[–] D61@hexbear.net 6 points 3 weeks ago

Oil or lithium?