4 ms·
I am not saying that their policy is good or that I agree with it. I just think there are two sides to the picture. Many countries have protectionist policies,
by bbody 10y ago
I am not saying that their policy is good or that I agree with it. I just think there are two sides to the picture.
Many countries have protectionist policies, in particular in the automotive industry. The United States even had limits on Chinese parts imports[1]. China had an interesting policy to allow its automotive industry to grow through joint ventures with foreign companies (e.g. Hyundai[2]). They have done somewhat similar things with tech companies like Google and Microsoft, to nurther talent and guanxi[3].
Also in regards to Malaysia, the government has threatened to ban Facebook before[4], however not as a mean to allow local competition to grow.
[1] http://yaleglobal.yale.edu/content/protectionism-cannot-save-us-auto-industry http://yaleglobal.yale.edu/content/protectionism-cannot-save...
[2] http://repository.brynmawr.edu/cgi/viewcontent.cgi?article=1030&context=polisci_pubs http://repository.brynmawr.edu/cgi/viewcontent.cgi?article=1...
[3] http://www.amazon.com/Guanxi-Art-Relationships-Microsoft-Gatess/dp/0743273222 http://www.amazon.com/Guanxi-Art-Relationships-Microsoft-Gat...
[4] https://globalvoices.org/2014/08/13/malaysian-government-threatens-to-block-facebook-over-abuse-reports/ https://globalvoices.org/2014/08/13/malaysian-government-thr...
Edit: Changed tense in regards to America's policy on Chinese imports.
- yummyfajitas 10y agoI'm aware that protectionism is rampant around the world and that the US does it too. I also oppose that and believe US protectionism harms US consumers.
- deleted 10y ago[deleted]