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<p>China’s economic achievement has little to do with globalization.
It is related to trade and export. China has gradually become an
export-oriented country. No one, myself included, is opposed to
exports. But this is not globalization. In fact, China has become
a factory in the Northeast Asian production system. If you look at
the whole region, you will find it very dynamic. China’s export
volume is enormous. But there is something we have overlooked.
China’s export relies heavily on the exports of Japan, Korea and
the US. These countries provide China with high-tech components
and technologies. China is just doing the assembly, and labelling
the final products as ‘Made in China.’</p>
<p>China has developed rapidly by following wise policies. But while
millions of people were lifted out of poverty, costs such as
environmental degradation are high. They are merely transferred to
the next generation. Economists will not worry about them, but
these are costs that someone needs to pay for ultimately. It may
be your children or grandchildren. These have nothing to do with
globalization and the WTO.<br>
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<p><a class="moz-txt-link-freetext" href="http://chinadigitaltimes.net/2010/08/noam-chomsky-in-china/">http://chinadigitaltimes.net/2010/08/noam-chomsky-in-china/</a><br>
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