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China’s theft off intellectual property is well known.
Again, how is Trump’s trade war doing anything about China’s theft of intellectual property. Specifics please and not opinions.
With reference to the thread title and the premise... if the claim is that the trade war failed because farmers aren't doing well - that can only be correct if the GOAL of the trade war is to enrich the farmers, which it is not.
The goal is to make trade more equal between the countries. So whether or not the trade war is a success or failure should be based the numbers between us and China.
The fact that some farmers aren't doing well is hopefully a short term effect of the back and forth between the countries.
Should that really be the goal? If Chinese exporters feel the squeeze they may start to move their operations to another low labor cost country, such as Vietnam, to avoid the tariffs.
What will the U.S. really have achieved if the trade war results in a lower trade deficit with China that is offset by a higher deficit with other countries?
Also, China could not care less about its people. They are all about the state.
Yep and this is why we can not win. The Chinese government does not care if the people take it in the chin. Our politicians do because when that happens they get replaced.
China is playing the long game here. They are in no rush.
China's main problem to be overcome each month, is to find enough jobs to keep their population pacified. When people are out of work, and hungry, it's not a matter of how well off Xi is.
Yep and this is why we can not win. The Chinese government does not care if the people take it in the chin. Our politicians do because when that happens they get replaced.
The Chinese people were mostly living in villages subsisting on family farms and getting buy on their own. Now they have been moved by the hundreds of millions, into government made manufacturing cities. So when the jobs dry up and people start getting hungry, they will be concentrated by the millions into these cities. China's government does worry about social unrest.
The Chinese people were mostly living in villages subsisting on family farms and getting buy on their own. Now they have been moved by the hundreds of millions, into government made manufacturing cities. So when the jobs dry up and people start getting hungry, they will be concentrated by the millions into these cities. China's government does worry about social unrest.
I have first hand experience here. China has a difficult time keeping employee's long term because when it comes time to bring in the crops, those in the city simply leave, go back to the farms and work them.
Today worked up by "Madame President" Newsweek, and 98% Clinton HuffPo.
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