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Exactly. That kind of unequal ruleset isn't free trade, and it's not a good idea to permit it unless you're trying to subsidize the development of a foreign sta
by yamtaddle 4y ago
Exactly. That kind of unequal ruleset isn't free trade, and it's not a good idea to permit it unless you're trying to subsidize the development of a foreign state (or, if you simply have no leverage to stop it without harming yourself way more than it's worth). Responding in kind is absolutely appropriate, depending on what you're trying to accomplish. It's ridiculous (and unpopular, in a pretty bipartisan fashion, among actual voters) that we've allowed China to "defect" on trade matters this long, without pushing back hard.
- DiogenesKynikos 4y agoOverall, China is not "defecting" on trade. American companies have a very large presence in the Chinese market - moreso than Chinese companies in the American market. Apple is the largest smartphone brand in China. GM is a major car brand in China. China has bought huge numbers of Boeing airplanes. I could go down the list, but you get the point. Social media is a special case, because China has political censorship, which Facebook and Google were unwilling to go along with.