And that is exactly Trump’s trade policy. Imports train the same (unless there are unfair practices involved) but exports increase. Win - win.
What percentage of Chinese industrial output is controlled by US companies ??? Where does this BS come from ???
the fact is they lift out 900 million out of extreme poverty, with 400million in middle class now. the CCP want to stay in power, to do so, they need economic growth.
they want to have middle class on par such as japan, what that mean is their total GDP will surpass USA. it has nothing to do with been friend or foes. India is another example, their government are doing everything they can to lift out hundreds million to middle class. both if their per cap GDP over $20k, then both will surpass US total GDP, make them 1 & 2 economic power. don't think they care about dominate US, surpassing US economy is the byproduct of their reform. combine india/china has over 3B ppl.
Agreed. But will it stand one push comes to shove and the citizens start demanding more liberty, greater respect for intellectual and property rights, and increasing opportunities?
Economic benefit in China didn't bring significant political reform. In fact it solidify CCP power, most ppl care about their personal live, how to get next promotion, what to do on weekend, upgrade their car/house, provide better live for their kids, education, better transit, better living condition etc etc. If CCP can provide that, then most ppl willing to give up some freedom for economic benefit. wonder why there is Arab spring but no China spring.
Of course. That’s why their goal is global domination achieved by unfair trade and theft of IP and suppression of human rights. There is no dissent tolerated in China.
Eventually, it will implode or mutate--a free economy needs free minds to flourish---you don't get an iPhone by putting a gun to a "Steve Jobs" head.
Well, I do have a list. So maybe it is you that has nothing. http://www.jiesworld.com/international_corporations_in_china.htm
they have oppo, xiaomi, and Huawei and many other company. you don't need political freedom to have technical superiority. remember USSR? beside china is more open today in term of tech, they absorb tech fast and state subside tech industry as well.
industry espionage is common in everywhere. SK steal many japan IP, japan steal many US/EU tech before they start innovate their own. its the shortest/least expensive way to do thing. China/india is doing the same as japan/SK. India also require foreign tech company to hand over IP as well join venture with india company in order to acquire tech. many indian/chinese in US got experience from intel/google etc etc then went back to india/china start their own firm or get higher $$. also its not that easy to steal tech via cyberoffense. even reverse engineering require skills.
China is by far the largest perpetrator of IP theft. The US loses between $200B to $600B per year to China.
Funny, but China is an amalgam of many different cultures. As for politically divided, yeah, they aren't because they have concentration camps and such to ensure the political power status quo.
Dont undersell china with the idea thst they cant innovate Of course they can And will if the day ever comes that America runs out of innovations for china to steal
You’re holding the USSR as a becon of creative genius and tech superiority? After the Six Day War the Yom Kipper War. After Chernobyl? I think not. As to China, eventually they’ll meet John Galt. Friction will arise, sparks will fly, and one will die.
There is a difference between Trade policy and a Trade war. No doubt we could do better but this is not the way to do things and Trump could not have picked a worse time to engage in the tactics he is engaging in = when the rest of the world is giving is the middle finger with respect to sanctions - and when we have arrested the CEO of Huawei on "trumped up" pardon the pun - charges. Not only does this give China and others a valid excuse to violate the sanctions - this is working in China's favor. While we are going around trying to bully and beat nations into submission - China is going around doing deals .. or havn't you noticed ? This trade war will be resolved - Much of it is politics for domestic consumption - Trump giving his base some red meat and keeping the drama going to maintain ratings for this reality TV show. The longer these strong arm tactics continue - the better it is for China - and Russia for that matter - and the worse it is for the US.
I didn't say he was wrong... I just think the matter is far more complex than that. Polarisation is one of many factors and they are not necessary all stacked against America
