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Just one mindblowing fact from the talk - China has poured more concrete in the last two years than the US in the last hundred.
Bravo China. Instead of overspending on military conquer the world thru trade and investment.
If China wants to spend a trillion dollars on infrastructure to develop their region that's a great thing for America too.
Counterintuitively, it could even be better for the US than China. Eventually the demand for low-margin, subsidized, Chinese steel will flatten, while the demand for high-margin American technology and cultural products will grow.
The "China vs America" narrative is unnecessary. If China wants to spend a trillion dollars on infrastructure to develop their region that's a great thing for America too. Counterintuitively, it could even be better for the US than China. Eventually the demand for low-margin, subsidized, Chinese steel will flatten, while the demand for high-margin American technology and cultural products will grow.
I found this talk with Niall Ferguson and Samantha Power pretty fascinating about the US - China power balance changing. https://m.youtube.com/watch?v=8yghOc-lMIM Just one mindblowing fact from the talk - China has poured more concrete in the last two years than the US in the last hundred.
http://cargocollective.com/danligon/filter/current-tv/Ha-Ha-...
I recently heard Charles Hess from InferFocus talk about the changes coming from China. The United States is about to be passed up in a big way due to Xi's "China Dream" https://twitter.com/cervinventures/status/860307819030958080
What should the US do than? Spend our tax dollars on foreign handouts? If US companies want to invest in SE Asia there is nothing stopping them.
Bravo China. Instead of overspending on military conquer the world thru trade and investment.
I also applaud that idea. But I do wonder if it's possible to protect/expand trade without military activity. Historically it seems military expansion is the tip of the spear for trade expansion.
Other than that... except for the awful Iraq situation, I don't remember any kind of gunboat diplomacy post WW2.
Edit: nevermind, Iran.
Bravo China. Instead of overspending on military conquer the world thru trade and investment.
I also applaud that idea. But I do wonder if it's possible to protect/expand trade without military activity. Historically it seems military expansion is the tip of the spear for trade expansion.
I found this talk with Niall Ferguson and Samantha Power pretty fascinating about the US - China power balance changing. https://m.youtube.com/watch?v=8yghOc-lMIM Just one mindblowing fact from the talk - China has poured more concrete in the last two years than the US in the last hundred.