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China's $1T Plan to Shake Up the Economic Order

nytimes.com

61–70 of 198 posts

Re: China's $1T Plan to Shake Up the Economic Order

#61
post #48

Earlier quoted context omitted.

Those two aren't mutually exclusive. America is an incredibly protectionist country as well if you aren't aware. http://www.eulerhermes.com/economic-research/publications/Pa... In the past 3 years, America has introduced far more protectionist measures than other countries.

LOL nothing compared to China. China partners with startups, steals their IP and then escapes back to the homeland and no course of legal action. They get all the access to the West's markets and then give almost no access to their own. Their companies are all backed by the government and it's rigged in their favor. They cheat constantly, check out the EU scandal where they smuggle goods into London don't pay equal t…

>They purchase our movie studios and then force on them Chinese propaganda and nothing negative on China ever.

They are free to do what they want with what they have bought and paid for.

>if not the least

Lol is right.

Re: China's $1T Plan to Shake Up the Economic Order

#63

Isn't this what the failed TPP trade deal was supposed to serve as a counter to?

I think that about 20% of TPP did, as you said, deal with real trade, but 80% dealt with treaties that would override individual nations' laws and use private 'courts' for disputes.

Re: China's $1T Plan to Shake Up the Economic Order

#65
post #54

Earlier quoted context omitted.

American technology companies don't rely on IP restrictions as much as they used to. You couldn't copy Facebook, Google, Apple, or Amazon's products and services effectively on a global scale even if they had no IP restrictions. And China is the second largest market for American movies, which absolutely require IP law to function. So I think this concern is overstated.

China has shown that they are very adept at copying American high-tech innovation. * Facebook: WeChat/Weibo * Google: Baidu * Apple: already being made in China, clones everywhere * Amazon: Alibaba

re: Facebook

On the contrary, WeChat is leaps and bounds ahead of Facebook Messenger (which is a more direct comparison). If you've watched Facebook Messenger over time, it's actually Facebook Messenger that's aspiring to be the WeChat of the west.

Re: China's $1T Plan to Shake Up the Economic Order

#67

The scary part is china's protectionism. Small nations and businesses have so little possibilities to operate in china without getting robbed of IP or being outcompeted by state supported domestic ventures. I fear the future of China being stronger superpower than the USA.

Protectionism has never made a country strong.

Re: China's $1T Plan to Shake Up the Economic Order

#68
post #21

The "Belt and Road" scheme is well known. The first container freight train from Yiwu, China to Barking, England, arrived January 15, 2017. Coast to coast travel time: two weeks.[1] Conveniently, China uses a 4' 8.5" track gauge, unlike Russian metric gauge, so they can move freight cars all the way without a gauge change. Soon, of course, heavier rails, longer trains, faster trains, more trains, better gradients, mo…

I just love how everything about China is huge! The three gorges dam, the grand canal, the great firewall and the great wall, the nation itself, and now this. Befits a nation whose founding myth itself is centered on an engineering project.

Re: China's $1T Plan to Shake Up the Economic Order

#69
With 60+ countries agreed to attend the event, Its interesting to note: India refused to take part on this OBOR project. China's arch rival Japan sent a official team, but India refused to attend the submit.

China repeatedly blocked India's move to Ban terrorist Azad[1], blocked their NSG bid and their flip-flop on Arunachal. so India prefers to stay away from China-led project.

Russia is watchful about rising Chinese influence in their regions. Once they used to be major partner and China played minor role. Now the trend reversed.Russia knows that too.

[1] http://indianexpress.com/article/india/china-united-nations-... [2]http://timesofindia.indiatimes.com/india/outlier-china-preve...

And Chinese media, says: India and Russia tipped to be the big winners from China’s massive ‘Belt and Road' investment: http://www.scmp.com/business/article/2094224/india-and-russi...

Re: China's $1T Plan to Shake Up the Economic Order

#70
post #48

Earlier quoted context omitted.

Those two aren't mutually exclusive. America is an incredibly protectionist country as well if you aren't aware. http://www.eulerhermes.com/economic-research/publications/Pa... In the past 3 years, America has introduced far more protectionist measures than other countries.

LOL nothing compared to China. China partners with startups, steals their IP and then escapes back to the homeland and no course of legal action. They get all the access to the West's markets and then give almost no access to their own. Their companies are all backed by the government and it's rigged in their favor. They cheat constantly, check out the EU scandal where they smuggle goods into London don't pay equal t…

I don't see how stealing IP is protectionism. Theft, sure, but not protectionism.
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