111–120 of 209 posts
China 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…
I don’t think China realized how that policy is going to backfire in terms of their relationship with the West.
We want to see countries with individual rights rise, not authoritarians.
China 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…
Fast forward to 2018, China and USA already agreed to WTO rules with China considered as a developing countries and thus granted special rights such as protection of its industries. Then USA unilaterally breaks WTO rules with tariffs with an arbitrary interpretation of "national security" and wants a signature of a one way deal where USA gets all the rights and controls but doesn't give anything. I'm sorry but history teaches you that kind of deals will get your citizens subjugated by foreign powers or foreign corporations.
Earlier quoted context omitted.
The US does this, but I'm glad it's a country where we value being able to openly criticize our government for it. We have an independent judiciary, democratic institutions--what are structural Separations of Powers which is the most important structure of a civilization consistent with liberty. China doesn't have that. Saying the US also cheats the rules, too, is important, but shouldn't be confused with the reality…
What does that have to do with free trade and the actions around it? I mean a Chinese person can say that they are glad to live in a country that does not invade other countries, killing hundreds of thousands of innocent people.
Earlier quoted context omitted.
> 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... I.e. the kind of trade that they dictate and call "free", creating banana republics that cut them special deals, toppling governments when they don't like their decisions, using humanitarian and development funding (even from supposedly independent sources, like the…
I think you raise a lot of valid points, the US is hardly innocent on a historic global basis. That being said, what's your take on China's behavior specifically, do you believe they are acting in a "fair" manner? Do you believe the advantages they enjoy are all justified? (Note: for the sake of this argument only, karmic payback for US historic behavior is not considered a valid justification.) EDIT: I'm curious why…
Earlier quoted context omitted.
I think that's a valid take. But OTOH, broad, principled terms like "free trade" mask some of the nuance and realities of that history. Free markets have always come thick with caveats to suit whatever goals the authors/negotiators had at the time. The US, for example, generally prioritized investment access and largely got it. They also prioritized economic infrastructure, like the dollar standard and globalising th…
> As he ended this speech it is said that Cato shook out the folds of his toga and contrived to drop some Libyan figs on the floor of the Senate-house, and when the senators admired their size and beauty he remarked that the country which produced them was only three days’ sail from Rome. Afterwards he adopted a still more forceful method of driving home his point: whenever his opinion was called for on any subject,…
Carthage became that (short lived, because Cato won that argument) export powerhouse in part thanks to the Mediterranean "pax romano" that would soon destroy them.
China 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…
The "free trade" the US propagates is horrible for anyone not in the top 20% of society. Your manufacturing business has been decimated, many people outside coastal areas have been seeing declining standards of living. Even the EU has many import tariffs to protect its own industries from unfair competition from China and others. Why should someone who makes bikes in the EU compete with someone who does it for $0,50…
China 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…
The "free trade" the US propagates is horrible for anyone not in the top 20% of society. Your manufacturing business has been decimated, many people outside coastal areas have been seeing declining standards of living. Even the EU has many import tariffs to protect its own industries from unfair competition from China and others. Why should someone who makes bikes in the EU compete with someone who does it for $0,50…
China 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…
To be honest, last time China accepted major trade deals from the West to fully open their market, they got their cities flooded by opium and got land ruled by foreign law, and then got their government toppled. The lessons learned from that was that if you are not careful, western countries will come and dominate you. Look around, the same happened in India and many other countries with often exctintion of natives F…
China is no longer a developing country. The can say they are developing but that is no longer true.
Earlier quoted context omitted.
> As he ended this speech it is said that Cato shook out the folds of his toga and contrived to drop some Libyan figs on the floor of the Senate-house, and when the senators admired their size and beauty he remarked that the country which produced them was only three days’ sail from Rome. Afterwards he adopted a still more forceful method of driving home his point: whenever his opinion was called for on any subject,…
Nice analogue. Carthage became that (short lived, because Cato won that argument) export powerhouse in part thanks to the Mediterranean "pax romano" that would soon destroy them.