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Doesn’t this boil down to China having developing country status, being allowed to block imports? The issue being with China being so large, there are millions
by zeristor 7y ago
Doesn’t this boil down to China having developing country status, being allowed to block imports?
The issue being with China being so large, there are millions of people still quite, poor despite China being such a large industrial power, so there is some justification to it still being a developing country. I imagine the rules were written for smaller homogenous countries.
Things work best when trade goes both ways.
- VvR-Ox 7y ago1. Basically every country can block imports and exports 2. Why does that make China a developing country? 3. That is the stuff we hear about here in the west. The truth is that never before so many people in China were so wealthy - millions got out of poverty a short time ago and there is some huge development going on. 4. The big orange shithead aka POTUS started the thing with the trade war (of course he does - he's still a bully)
- deogeo 7y ago> 4. The big orange shithead aka POTUS started the thing with the trade war (of course he does - he's still a bully) China was heavily protectionist long before Trump, so it's very puzzling why so many believe he started it.
- thrower123 7y agoPeople are startlingly ignorant, and the media has a vested interest in keeping them that way. China's default historical position has been protectionist to the point of exclusion, except when they have been coerced by war to open their markets.