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China

drewdevault.com

31–40 of 497 posts

Re: China

#31

Liberal societies, such as the Bay Area (where I live), it’s impossible to criticize anyone without having the doubt of “offending” someone. When it comes to China, I can’t go out in the lunch room and openly criticize CCP because you know, I could “offend” a Chinese National. This needs to stop. I see this behavior on HN, which is frustrating, counterproductive, anti-free speech and extremely left-winged. Another pr…

[deleted]

Re: China

#32
post #2

>”It’s economically productive for the 1% to maintain a trade relationship with China. The financial incentives don’t help any Americans, and in fact, most of us are hurt by this relationship...” So true, since its inception with GHW, its execution and realization through Clinton and then once fully engaged the timid, supplicant responses from GW and BO, China has contributed to the stagnation of the blue collar work…

The article focuses on human rights abuses which I think is a cogent criticism of China-US trade.

On the economics issue though, readers should know he disagrees with economists, who nearly universally agree that trade with China benefits Americans as a whole, with the caveat that there are concentrated losses in certain populations. Economists are highly certain on this, with uncharacteristically few people responding "uncertain" on the survey [0]. You can go through the other surveys on the IGM Forum to see what more common distributions looks like.

[0] http://www.igmchicago.org/surveys/china-us-trade

Re: China

#33
post #2

>”It’s economically productive for the 1% to maintain a trade relationship with China. The financial incentives don’t help any Americans, and in fact, most of us are hurt by this relationship...” So true, since its inception with GHW, its execution and realization through Clinton and then once fully engaged the timid, supplicant responses from GW and BO, China has contributed to the stagnation of the blue collar work…

I am still shocked by how many people do not give Trump credit for putting China on the political issue radar. Both sides of the aisle were destroying the American economy and middle class, and literally no one was talking about it. The guy has issues, and even if he fails in his endeavors, he brought trade and immigration into the national conversation. For all we know, he saved the USA

Re: China

#34
post #7
post #2

>”It’s economically productive for the 1% to maintain a trade relationship with China. The financial incentives don’t help any Americans, and in fact, most of us are hurt by this relationship...” So true, since its inception with GHW, its execution and realization through Clinton and then once fully engaged the timid, supplicant responses from GW and BO, China has contributed to the stagnation of the blue collar work…

The guy "no one likes" isn't innocent of China-worship. Guiltier than most. On Jinping: "He is a great leader who very much has the respect of his people. He is also a good man in a 'tough business.'" Misrepresenting him as "willing to sever that codependent relationship" is harmful. He's just as complicit if not more than most politicians, and most of his actions involving China have been inconsistent and self-servi…

Despite his praise of Xi (IMO it's just part of Trump's "style" of negotiating), he's willingly initiated a trade war. I think that's a good indicator that he's willing to at least threaten decoupling. Trump has taken this much farther than any preceding US president.

Re: China

#35
post #2

>”It’s economically productive for the 1% to maintain a trade relationship with China. The financial incentives don’t help any Americans, and in fact, most of us are hurt by this relationship...” So true, since its inception with GHW, its execution and realization through Clinton and then once fully engaged the timid, supplicant responses from GW and BO, China has contributed to the stagnation of the blue collar work…

I know this wasn't intended but I thought it was interesting that he doesn't think of the 1% as Americans.

Re: China

#36
post #3

The conversation about China has shifted from being relatively peaceful during the Obama years to war like today. The author of this article doesn’t understand how the presidential bully pulpit slowly changes the national conversation to war. Not to say that China isn’t violating human rights. They are. But we, the Americans, are the ones who started this fight by goading them on. Also: the crux of the argument in th…

China goaded itself on. It's really a "boiling a frog" situation if you look at it historically. China's abuses of human rights, intellectual property, dissident repression, history whitewashing, etc. have slowly ramped up over the course of decades. Then Xi came to power, declared himself de facto dictator for life, turned the Nationalism dial to 11, and refused to take US demands for trade fairness seriously.

Yes, the current presidency is partly to blame, but don't pretend that it's the only, or even primary cause of the current narrative.

Re: China

#37
What can I, as an average Joe living in the US, do to help?

Edit: After reading responses, I realize that there is a better question to ask: What people in the US in general do to help (vote a certain way, write to certain politicians, change purchasing habits), and how can I specifically participate in that?

Re: China

#38
post #2

>”It’s economically productive for the 1% to maintain a trade relationship with China. The financial incentives don’t help any Americans, and in fact, most of us are hurt by this relationship...” So true, since its inception with GHW, its execution and realization through Clinton and then once fully engaged the timid, supplicant responses from GW and BO, China has contributed to the stagnation of the blue collar work…

most of the job losses of blue-collar work are the result of automation, not foreign trade (this is a statement for which ample evidence exists[1]), furthermore on the aggregate Americans do benefit from trade with not just China but also other low-cost nations, which again is economics 101. If the United States were to produce goods at the level of domestic wages a small segment of the workforce would benefit, but consumers on average would lose out due to the increase in price. The price for an iPhone could go from ~850$ to ~2000$[2]. Now imagine that this happens for every good that is produced largely in China and think again if bringing back a few ten thousand jobs is worth the total loss of consumer welfare in the states.

Also, it goes without saying of course that it would also hurt the Chinese workers who are equally deserving of good employment as their American counterparts, and it's not clear why discounting their welfare is anything other than tribalism.

[1]https://www.nytimes.com/2016/12/21/upshot/the-long-term-jobs...

[2]https://www.aei.org/carpe-diem/how-much-would-an-all-america...

Re: China

#39

If I might post an unpopular opinion, and let me assure you I'm not secretly a pro-CCP shill: what's happening HK has much more to do with changing economic realities than it does with an evil agenda from the Chinese government. In 1997 HK had 1/3 of the GDP of mainland China and was the only way for Western companies to interact with China. Today HK has 3% of the GDP of mainland China and a huge part of this is beca…

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Re: China

#40
post #32
post #2

>”It’s economically productive for the 1% to maintain a trade relationship with China. The financial incentives don’t help any Americans, and in fact, most of us are hurt by this relationship...” So true, since its inception with GHW, its execution and realization through Clinton and then once fully engaged the timid, supplicant responses from GW and BO, China has contributed to the stagnation of the blue collar work…

The article focuses on human rights abuses which I think is a cogent criticism of China-US trade. On the economics issue though, readers should know he disagrees with economists, who nearly universally agree that trade with China benefits Americans as a whole, with the caveat that there are concentrated losses in certain populations. Economists are highly certain on this, with uncharacteristically few people respondi…

I’m not sure these economists have spent time in the Rust Belt, then. Entire cities were economically destroyed from the offshoring of jobs to China and other low-cost areas.
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