Active Users:360 Time:18/12/2024 07:15:28 AM
Re: That, and way overpromise on what can actually be achieved by cracking down on China. Vodalus Send a noteboard - 10/12/2024 06:55:27 PM

View original postOf course there are issues with how China treat foreign investors, steals intellectual property, massively dumps some products on the international markets, etc. - but even if you can resolve all those, there's still going to be a limit to how much low-value-added manufacturing you can keep in the United States paying many times the wage paid in other countries (even if Chinese wages for such manufacturing have already increased tremendously in the past thirty years). In the long run you can't have your cake and eat it too. And these threats of blanket tariffs on all goods coming from China or other countries are even stupider and more damaging to the American economy, as well as the global one.

That’s just a rundown of simple mercantilism and the unpleasant byproducts of China’s insistent pursuit of extreme self-interest. It totally ignores the ever-increasing political and security problems the CCP presents to America and others. Reshoring and friendshoring are topics on which I’ll pass for now. The US goal should focus on how to reduce our contributions to bolstering the Chinese economic, industrial, and tax bases.


View original postGeopolitically speaking, the US is lucky that China doesn't seem to consider it a high priority to build true partnerships with any foreign countries, only purely transactional relationships where China doesn't much care about the partner's long term interests. Countries like Pakistan that accept too much Chinese investment end up strangled economically as a result but China doesn't seem to care, so they aren't making themselves nearly as popular as they could be. Of course, the US under Trump are much the same, but at least with the US one can figure that there will also be better times.

I think you’re wrong. From BRICS to the BRI to FOCAC to the Global South and yes, even CPEC, the CCP is in the process of building a China-led alliance of sorts. It’s inchoate at this point, but a rough outline is discernible enough.

Now, as to Pakistan, I’d argue China is getting exactly what it wants. It cares, just not in the way you seem to think it should. The CCP has access to the Indian Ocean at Gwadar, complete with rail lines to China. They’ve secured lots of infrastructure projects to keep Chinese workers busy and to soak up excess industrial capacity back home. They also have an indebted and therefore reasonably compliant Pakistani government to help them out at the UN or distract India should the need arise. Also, China doesn’t really do “true partnerships”. They are too rigidly hierarchical. Throw in Han chauvinism and the collective hubris that infected the CCP after the 2007-2008 financial crisis and you’ll get a sense of a people who often think they have no equals.

南無阿弥陀仏!
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That, and way overpromise on what can actually be achieved by cracking down on China. - 09/12/2024 05:12:49 PM 38 Views
Re: That, and way overpromise on what can actually be achieved by cracking down on China. - 10/12/2024 06:55:27 PM 33 Views
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