Singapore Urges U.S. to Accept China's Rise, Spare Other Nations
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Re: Singapore Urges U.S. to Accept China's Rise, Spare Other Nations
#2Drug dealer protests drug ban
Re: Singapore Urges U.S. to Accept China's Rise, Spare Other Nations
#3> we also want China to be able to assume its rightful place as it develops and becomes a superpower in its own right,
Singapore economy is depending on trade and prolonged trade war will ruin Singapore with its unsustainable debt.
But how does China 'assuming its rightful place' should look in practical terms? Withdrawing US fleets from Pacific? Allowing East Asia to become China's vasal teritory? Tolerating growing economic and military threat?
Re: Singapore Urges U.S. to Accept China's Rise, Spare Other Nations
#4> we also want China to be able to assume its rightful place as it develops and becomes a superpower in its own right, Singapore economy is depending on trade and prolonged trade war will ruin Singapore with its unsustainable debt. But how does China 'assuming its rightful place' should look in practical terms? Withdrawing US fleets from Pacific? Allowing East Asia to become China's vasal teritory? Tolerating growing…
> But how does China 'assuming its rightful place' should look in practical terms?
> Allowing East Asia to become China's vassal territory?
Sure, in much the same way that it was in the past, and in much the same way that all of North and South America are vassals to the United States.
It is not realistic for East and even Southeast Asian countries to care more about what the US thinks than what China thinks; I don't understand how people can advocate for this goal with a straight face.
Re: Singapore Urges U.S. to Accept China's Rise, Spare Other Nations
#5China is highly unlikely to undermine the U.S.-led global system given it has been one of its biggest beneficiaries, Balakrishnan said.
They undermine it every day they refuse to allow free trade. The US and others spent a lot of resources building the free trade system of the world... and China wants the benefits of selling into that global market, while reserving their own market for themselves.
Every day they are not confronted on this, they send out the message to every other country that free trade with other countries does not require you to open your own markets. They encourage the breakdown of trade and the closure of global markets.
Confronting China on this today is the US asking China not to undermine the global system that has helped enrich China. Not to burn the bridge after they're finished with it (that many countries have used to pull themselves out of poverty: vietnam, korea, taiwan, japan, and even singapore).
Re: Singapore Urges U.S. to Accept China's Rise, Spare Other Nations
#6> we also want China to be able to assume its rightful place as it develops and becomes a superpower in its own right, Singapore economy is depending on trade and prolonged trade war will ruin Singapore with its unsustainable debt. But how does China 'assuming its rightful place' should look in practical terms? Withdrawing US fleets from Pacific? Allowing East Asia to become China's vasal teritory? Tolerating growing…
Admit! You are jealous of China's growing economy!
Re: Singapore Urges U.S. to Accept China's Rise, Spare Other Nations
#7> we also want China to be able to assume its rightful place as it develops and becomes a superpower in its own right, Singapore economy is depending on trade and prolonged trade war will ruin Singapore with its unsustainable debt. But how does China 'assuming its rightful place' should look in practical terms? Withdrawing US fleets from Pacific? Allowing East Asia to become China's vasal teritory? Tolerating growing…
> But how does China 'assuming its rightful place' should look in practical terms? > Allowing East Asia to become China's vassal territory? Sure, in much the same way that it was in the past, and in much the same way that all of North and South America are vassals to the United States. It is not realistic for East and even Southeast Asian countries to care more about what the US thinks than what China thinks; I don't…
East Asia is vassal to the US at the moment...
I think countries like Singapore, Korea, etc do not want the US, Korea, to leave. They are between a rock and a hard place and want to balance the US and China in order not to become too dependent on one and to benefit from both.
Singapore, which is quite "China-friendly" is saying exactly that.
What I find interesting is that the West in general, and obviously the US in particular, indeed cannot seem to imagine or accept that their complete dominance of the world is coming to an end. This is a rude awakening.
Singapore, which has an history of promoting "Asian values" and is a former British colony with 70%+ ethnic Chinese is very well place to tell us things as they are.
Re: Singapore Urges U.S. to Accept China's Rise, Spare Other Nations
#8China is highly unlikely to undermine the U.S.-led global system given it has been one of its biggest beneficiaries, Balakrishnan said. They undermine it every day they refuse to allow free trade. The US and others spent a lot of resources building the free trade system of the world... and China wants the benefits of selling into that global market, while reserving their own market for themselves. Every day they are…
As Milton Friedman has pointed out, the loser of protectionist policies are the countries that practice them. If China wants to subsidize its industries and sell Americans cheap goods then that is primarily an issue for the Chinese people, not for American consumers.
Absorbing global manufacturing has made Americans the richest people with the highest purchasing power on the planet, has subjected American companies to competition that no other country has experienced, and has made them more productive as a result. Why would any American want their government to give in to the same mercantilism that China practises, at the expense of their own people? To maintain jobs that pollute the local environment and are largely going to be automated away anyway?
The central issue which makes this call for retaliation so intuitive (but mistaken) is that the plight of people who lose their jobs to trade is tangible. The steel worker is a person we can picture. But the collective welfare we all gain by the cheap imports from a country like China is invisible. Industries have lobbies, consumers don't.
Re: Singapore Urges U.S. to Accept China's Rise, Spare Other Nations
#9> we also want China to be able to assume its rightful place as it develops and becomes a superpower in its own right, Singapore economy is depending on trade and prolonged trade war will ruin Singapore with its unsustainable debt. But how does China 'assuming its rightful place' should look in practical terms? Withdrawing US fleets from Pacific? Allowing East Asia to become China's vasal teritory? Tolerating growing…
> But how does China 'assuming its rightful place' should look in practical terms? > Allowing East Asia to become China's vassal territory? Sure, in much the same way that it was in the past, and in much the same way that all of North and South America are vassals to the United States. It is not realistic for East and even Southeast Asian countries to care more about what the US thinks than what China thinks; I don't…
South America is not a US vassals. Some of the tiny countries that were invaded have strong dependency on the US. But Brazil, Argentina, Chile, Peru, Mexico, Venezuela
I struggle to believe they are. Where ever did you get that idea from
Re: Singapore Urges U.S. to Accept China's Rise, Spare Other Nations
#10Isn't the ball in China's court here? I am not sure what is the expectation of US in this. China has a completely closed market while at the same time they are reaping the benefits of selling in markets of other countries with no penalties. How is that fair? Also, they force companies to share their technologies/IP if they are interested in coming into Chinese markets - and then they just steal it to undercut the foreign companies. This honestly needs to change. When China was smaller, these tactics were ok - but to expect the world will close their eyes on their practices at the current scale is fooling oneself.