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Sounds somewhat similar to USA’s Berry Agreement, but less radical.
by trasz 5y ago
Sounds somewhat similar to USA’s Berry Agreement, but less radical.
- JKCalhoun 5y agoNew to me, Berry Amendment: https://en.wikipedia.org/wiki/Berry_Amendment https://en.wikipedia.org/wiki/Berry_Amendment Learning about this now ... appears as though the Berry Amendment is based on a defense policy, China's perhaps is political/economic. I think the U.S. has everything to lose with this new China policy and little chance of imposing a similar one for the U.S.
- throwaway4good 5y agoThere is also this one: https://www.whitehouse.gov/briefing-room/presidential-actions/2021/01/25/executive-order-on-ensuring-the-future-is-made-in-all-of-america-by-all-of-americas-workers/ https://www.whitehouse.gov/briefing-room/presidential-action... Executive Order on Ensuring the Future Is Made in All of America by All of America’s Worker
- trasz 5y agoThere’s nothing “defense” about it; it applies even to things like plane tickets.
- est31 5y agoIn the USA, the military industrial complex, beyond the defense aspect, fulfills similar roles which subventions/economic policies fulfill in other nations. They direct tax money back into the local economy. This isn't even a bad thing as it strengthens social cohesion. The defense contractors want to eat out, buy cars, etc.
- Steltek 5y agoThe Berry Amendment (not agreement) applies to military spending with the focus on maintaining an industrial base. The Chinese list is much broader and you'd be crazy to argue that China needs to take steps to maintain its industrial base. The article has this (incomplete) list: - medical equipment - ground-based radar equipment - testing machinery - optical instruments - items used for animal husbandry - seismic instruments - marine, geological and geophysical equipment Free trade is a bit of a joke anyway when talking about China when so many businesses are owned, to varying degrees, by the state. Reciprocal restrictions against China should have been put in place a long time ago, especially around environmental sustainability.
- trasz 5y agoIndeed, the Berry Amendment applies to everything sponsored by the military, including things like research grants. In comparison, the Chinese regulations discussed here only apply to fraction of its spending. As for being state owned - there’s no real difference between state owned and “technically private, but entirely dependent on government funding”.
- eptcyka 5y agoDidn't the states try that at the start of Trumps presidency?