5 ms·

I guess the US are against free markets

spricket 8y ago
China is notorious for requiring "joint ventures" and other rediculous hoops to invest in China. The US wants free markets to go both ways. This is just like the trade tarrifs, some pressure to convince China to play by the same rules as other developed countries when it comes to trade and IP
- shanghaiaway 8y ago
  This is whataboutism. The US is restricting the free market - regardless of what any other country does.
  - spricket 8y ago
    It's only restricting foreign investments from certain countries like China that don't play by the rules. It's like banning someone from your store because they steal stuff. The "free market" isn't anarchy, it's essentially a bunch of bilateral trade agreements
    - shanghaiaway 8y ago
      Nonsense. The US is restricting trade. Frankly, I'd like to see WTO step in here.
      - dageshi 8y ago
        WTO will have little to say on the matter in the same way that it had little to say on the restrictions on trade China has enforced for its domestic market for decades.
      - StreamBright 8y ago
        Well these guys downvoting you never heard of export regulations. Few links for those who are downvoting this comment above: https://www.theregister.co.uk/2015/04/10/us_intel_china_ban/ https://www.theregister.co.uk/2015/04/10/us_intel_china_ban/ https://wccftech.com/us-government-bans-intel-nvidia-amd-chips-china/ https://wccftech.com/us-government-bans-intel-nvidia-amd-chi... https://www.wsj.com/articles/u-s-agencies-block-technology-exports-for-supercomputer-in-china-1428561987 https://www.wsj.com/articles/u-s-agencies-block-technology-e... https://venturebeat.com/2018/11/23/u-s-lobbies-germany-italy-and-japan-to-ban-huawei-5g-equipment/ https://venturebeat.com/2018/11/23/u-s-lobbies-germany-italy... https://www.engadget.com/2018/08/14/us-defense-huawei-zte-ban/ https://www.engadget.com/2018/08/14/us-defense-huawei-zte-ba...
    - ethbro 8y ago
      > It's only restricting foreign investments from certain countries like China that don't play by the rules. The US generally (in cooperation with Europe) wrote the rules on post-WWII trade. I think China absolutely does some shady stuff, pathologically lies about doing so, and flaunts international rules they dislike. But let's not pretend the game wasn't tilted against them (and developing countries) from the start. There's a reason Trump is having a hard time staffing State and the Pentagon: everyone professionally qualified to serve knows how the current international system serves American interests. (Said as an American)
  - notyourday 8y ago
    The US should do whatever the US thinks it benefits the United States. China from the perspective of the US has the ridiculous restrictions on what American businesses can do. It is the high noon for the US to do the same.
    - freehunter 8y ago
      It's like people forgot about the huge controversy surrounding Google doing business in China. The reason so many people were against it is because China was forcing Google to censor its search results to avoid listing anything negative about the Chinese government. The Google images search results for Tiananmen Square in the US vs China are drastically different, and that's not by Google's choosing. That's a demand from the Chinese government.
- StreamBright 8y ago
  >>>>The US wants free markets to go both ways. Are we talking about the country that pushed through many "free trade" agreements like this: https://www.ineteconomics.org/perspectives/blog/why-free-trade-agreements-serve-corporations-first https://www.ineteconomics.org/perspectives/blog/why-free-tra... https://clas.berkeley.edu/research/tpp-nafta-whose-interest-inclusive-trade-vs-corporate-protectionism https://clas.berkeley.edu/research/tpp-nafta-whose-interest-...

China is notorious for requiring "joint ventures" and other rediculous hoops to invest in China. The US wants free markets to go both ways. This is just like the trade tarrifs, some pressure to convince China to play by the same rules as other developed countries when it comes to trade and IP

shanghaiaway 8y ago
This is whataboutism. The US is restricting the free market - regardless of what any other country does.
- spricket 8y ago
  It's only restricting foreign investments from certain countries like China that don't play by the rules. It's like banning someone from your store because they steal stuff. The "free market" isn't anarchy, it's essentially a bunch of bilateral trade agreements
  - shanghaiaway 8y ago
    Nonsense. The US is restricting trade. Frankly, I'd like to see WTO step in here.
    - dageshi 8y ago
      WTO will have little to say on the matter in the same way that it had little to say on the restrictions on trade China has enforced for its domestic market for decades.
    - StreamBright 8y ago
      Well these guys downvoting you never heard of export regulations. Few links for those who are downvoting this comment above: https://www.theregister.co.uk/2015/04/10/us_intel_china_ban/ https://www.theregister.co.uk/2015/04/10/us_intel_china_ban/ https://wccftech.com/us-government-bans-intel-nvidia-amd-chips-china/ https://wccftech.com/us-government-bans-intel-nvidia-amd-chi... https://www.wsj.com/articles/u-s-agencies-block-technology-exports-for-supercomputer-in-china-1428561987 https://www.wsj.com/articles/u-s-agencies-block-technology-e... https://venturebeat.com/2018/11/23/u-s-lobbies-germany-italy-and-japan-to-ban-huawei-5g-equipment/ https://venturebeat.com/2018/11/23/u-s-lobbies-germany-italy... https://www.engadget.com/2018/08/14/us-defense-huawei-zte-ban/ https://www.engadget.com/2018/08/14/us-defense-huawei-zte-ba...
  - ethbro 8y ago
    > It's only restricting foreign investments from certain countries like China that don't play by the rules. The US generally (in cooperation with Europe) wrote the rules on post-WWII trade. I think China absolutely does some shady stuff, pathologically lies about doing so, and flaunts international rules they dislike. But let's not pretend the game wasn't tilted against them (and developing countries) from the start. There's a reason Trump is having a hard time staffing State and the Pentagon: everyone professionally qualified to serve knows how the current international system serves American interests. (Said as an American)
- notyourday 8y ago
  The US should do whatever the US thinks it benefits the United States. China from the perspective of the US has the ridiculous restrictions on what American businesses can do. It is the high noon for the US to do the same.
  - freehunter 8y ago
    It's like people forgot about the huge controversy surrounding Google doing business in China. The reason so many people were against it is because China was forcing Google to censor its search results to avoid listing anything negative about the Chinese government. The Google images search results for Tiananmen Square in the US vs China are drastically different, and that's not by Google's choosing. That's a demand from the Chinese government.
StreamBright 8y ago
>>>>The US wants free markets to go both ways. Are we talking about the country that pushed through many "free trade" agreements like this: https://www.ineteconomics.org/perspectives/blog/why-free-trade-agreements-serve-corporations-first https://www.ineteconomics.org/perspectives/blog/why-free-tra... https://clas.berkeley.edu/research/tpp-nafta-whose-interest-inclusive-trade-vs-corporate-protectionism https://clas.berkeley.edu/research/tpp-nafta-whose-interest-...