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China got to where it is in tech with the very opposite of free trade. It's industrial policy that gets you to this level, not free trade.
by chrismealy 13y ago
China got to where it is in tech with the very opposite of free trade. It's industrial policy that gets you to this level, not free trade.
- joonix 13y agoYes. Just try importing your product into the Chinese market. Or getting your Chinese money out of the country without Hong Kong's help.
- vidarh 13y agoJust like most other countries then. Consider that "Made in ..." started with the British passing a law to protect domestic industry from cheap manufacturing in Germany. Except it backfired badly when German industry realised that "Made in Germany" quickly became a mark of quality. Or that developing countries are still being penalised heavily by trade barriers making entry into markets in the developed world incredibly hard in many sectors (especially agriculture, where the west is shovelling cash into their domestic agriculture via subsidies)