Shame on Chinese government, they do all the bad things in the world in name of “people’s interest”, eventually poor Chinese people pay for what the shitty government done....
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National Dignity - Human Rights?! Tibet
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The only people they're concerned for are the top billionaire govt leaders' money. The rest of their society are basically slaves to the communist state China.
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China's overreaction is a shame. They aren't a third world country anymore and shouldn't be treated like one, they should pay their fair share of tariffs a little more evenly .
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Bring it!
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Or they could just explain to their people why some adjustments are necessary to trade & legal policy & will actually benefit China, like removing the 50% ltd on foreign ownership of businesses. But nah, rather than political courage, let's get into unwise positional bargaining.
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Pray tell why would foreign ownership be good, given that US is preventing China from investing in the US? Hypocrisy much?
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Not really sure I understand what you're saying? Chinese individuals & companies are far more free to invest in, own, buy and sell interests in privately-held US entities than US individuals are in Chinese privately held companies. (I'm not a fan of recent moves by Trump admin.)
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IMHO, many US-China issues are more legal/structural, rather than straight up tariff related. That was more my point. I actually think China has been working last few years to loosen, but they need to continue to push. But it's easy to react emotionally to Trump's nationalism.
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China's objective has always been to open up, but at the pace that maintains stability. They have see what happened to Russia. But recent actions by the US will lead to selective preference to Europeans.
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Neither Trump nor Beijing seem to realize that, to run a massive international economy efficiently, you can't exert excessive control.
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Its a paradox esp hard to live by when times get tough. I hear you on stability, bit China has held on too long to structural impediments.
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IMHO strucutral change wld stimulate China's economy in useful ways that cld let them back off the monetary stimulus they seem so fond of.
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