How we should treat China

[GetAClue]

As Ron White said, "You can't fix stupid."

[pjohns]

Originally Posted by saltwn

and none of our business.

Do you really consider it "none of our business" that China wishes to push the US aside, and dominate the world?

Or that it wishes to push us out of the South China Sea?

Note: China takes a long view--say, 50 or even 100 years--whereas too many Americans look only to what is likely to happen within the next two or three years. This is very important here.

[pjohns]

Originally Posted by saltwn

Saudi Arabia
ding-ding-ding

Well, not exactly.

Saudi Arabia is an authoritarian country--until less than a year ago, it did not even allow women to drive--and it deserves our utmost contempt.

But it really is not totalitarian.

There is a difference.

[pjohns]

Here is an article from Christopher A. Iacovella, in Politico:

As China’s great power competition with America intensifies, financial markets have become a frontline battleground. Anyone who denies the Chinese Communist Party is using deception as statecraft in this competition is ignoring reality or a willing participant in its grand strategy. A glaring example of this deception is China’s exploitation of our capital markets.

China needs access to Western capital to become a dominant world superpower and it found a willing partner in Wall Street. The partnership works like this: First, Wall Street spins a narrative about emerging market returns and the "can’t miss China growth story." Then, it markets and sells Chinese companies to American investors. After the sale, proceeds are sent to China, it continues to support these companies by putting them in stock index funds, promoting them in the financial media, and lobbying Washington on their behalf.

But this arrangement only succeeds if U.S. regulators cannot audit the financials of Chinese companies. So, in 2013, the CCP persuaded high-level American officials to agree to give Chinese companies a "free pass" from the Sarbanes-Oxley rules enacted to protect investors in the wake of the Enron and WorldCom frauds.

Since then, China has used billions of American investor dollars to finance its cyber army, its technology-driven elimination of civil liberties, its human rights abuses, and its destruction of the environment. Wall Street ignores this inconvenient truth in its pursuit of profit.

Now, the partnership is under fire because the reason the CCP didn’t want U.S. regulators to audit Chinese companies has finally been exposed.

[jamesrage]

Originally Posted by pjohns

President Trump today announced new sanctions on China--including a ban on some students.

But these, I believe, are close to laughable.

I would, instead, suggest that we break all--all!--relations with China: that we no longer purchase anything manufactured there (even if that means that American consumers must pay a higher price, since what we purchase will not be manufactured by slave labor); and that we no longer allow any Chinese people to enter the US (or any Americans to enter China); and that we simply act as if China does not even exist.

And I am serious. Entirely.

(Note: The sole problem with this is the fact that we have become so dependent upon upon China for pharmaceuticals--both OTC and prescription ones. But perhaps we could purchase these from another source--say, Mexico?--until we ramp up our own manufacturing.)

I think we should up the tariffs on Chinese goods enough so that countries that don't use slave labor and or or pay workers a few bucks a day can fairy compete. If the companies that outsourced don't like it then **** them.

We should cut off China and every country like China off from trade. Because the China and countries like them aren't using that money to help their people.They are using that money to modernize and build up their military. Which will be bad news for us seeing how China has 20% of the world's population.

If this hyped up covid-19 nonsense has showed is that we don't want to have to depend on other countries for our medical supplies. Because if we actually face a real pandemic then every country that manufactures medical supplies and equipment is going to hold on to that stuff and take care of their people first before letting anybody else have any.If they let anybody else have any.