6 ms·
The idea behind trade war, among many other things, is this. We are giving out our competitive edge. Getting fair trade is important, as much as the short term
by tehlike 8y ago
The idea behind trade war, among many other things, is this. We are giving out our competitive edge. Getting fair trade is important, as much as the short term pain is real, long term benefits are there. US companies have been at a disadvantage in China due to government incentives for Chinese companies. This cannot go on.
- fleshfly 8y agoUnlikely. The US competitive edge is its human capital, its talent. As long as the US remains a welcoming and attractive place for people to work from all over the world, we aren't giving away anything.
- plazmatic 8y agoExcept the trade war is clearly being lost by Mr. Trump. The article itself indicates that China has only increased this type of activity. Rough times for the U.S. with such an inexperienced individual and administration in charge. And most indicators point to things only getting worse.
- edoo 8y agoIt can go beyond just simple incentives as well. Uber was effectively driven out of China by the government 'picking' Didi. They wanted to reduce the size of their military but didn't want unemployed soldiers and transitioned literally millions of them into Didi drivers. You can't compete with that.
- tehlike 8y agoI also read somewhere where uber drivers were "given tickets" while local law enforcement turned a blind eye to didis. Definitely hard to compete.
- mistermann 8y agoIt's funny, Chinese ride sharing companies enjoy this exact same advantage in Vancouver Canada. We remain a staunch ally.
- hydrox24 8y agoWhat reading would you recommend about Chinese ride sharing companies in Canada? And is it Vancouver or Canada that is the ally?