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Geez.<br>
Keiser Report #72<br>
<a href="http://www.youtube.com/watch?v=lVombm30geU">http://www.youtube.com/watch?v=lVombm30geU<br>
</a><br>
On 8/27/2010 12:55 AM, E. Wayne Johnson wrote:
<blockquote cite="mid:4C769C7E.7000206@pigs.ag" type="cite">
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I agree Laurie. You have the general picture well in hand.<br>
<br>
But 1) will happen gradually no matter what.<br>
<br>
2) is in progress on a quite slow scale.<br>
<br>
3) is less likely actually.<br>
<br>
4) is something China certainly does not want.<br>
<br>
<br>
<br>
<br>
On 8/27/2010 12:26 AM, Laurie Solomon wrote:
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type="cite">
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<div><font face="Calibri">></font><font face="Times New Roman">Regarding
China
paying attention to the rules laid down by the State Department,
the only real threat the US poses to China is that China's exports to
the US might be taxed heavily or restricted, which is >actually
quite possible.</font></div>
<div> </div>
<div><font face="Calibri">A possibility but I do not think it is
highly probable since to do so would (1) increase prices to US
consumers for many of the products that they now buy and for which US
retailers are dependent on China for, (2) cause China to cash in their
surplus of US currency in retribution causing the US dollar to fall in
value, (3) result in China closing its doors to US companies doing
business in China on both the consumer level (e.g., McDonalds and the
like) and on the industrial and wholesale levels, and (4) produce even
less cooperation on the international level with the US. The US has
more to lose than China if it should impose said import taxes or
restrictions; it might also face world wide sanctions imposed on it by
the WTO should China bring a complaint of violation of free trade
agreements under the WTO.</font></div>
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<div style=""><b>From:</b> <a moz-do-not-send="true"
title="ewj@pigs.ag" href="mailto:ewj@pigs.ag">E. Wayne Johnson</a> </div>
<div><b>Sent:</b> Thursday, August 26, 2010 10:44 AM</div>
<div><b>To:</b> <a moz-do-not-send="true"
title="galliher@illinois.edu" href="mailto:galliher@illinois.edu">C.
G. Estabrook</a> </div>
<div><b>Cc:</b> <a moz-do-not-send="true"
title="peace-discuss@lists.chambana.net"
href="mailto:peace-discuss@lists.chambana.net">Peace-discuss List</a> </div>
<div><b>Subject:</b> Re: [Peace-discuss] China's economic
achievement</div>
</div>
</div>
<div><br>
</div>
I agree about the shortsightedness of China re the environment and many
other issues re sustainability.<br>
<br>
And indeed they have imported a great deal of technology, but there is
some understanding of the technology.<br>
<br>
My 3.5 year old computer monitor (an Acer flat panel) lost its back
light the night before last at 2 am while dr. Qiao was using it. I
took it across the street yesterday at just before 1 in the afternoon
to the little computer shop. The guy brought it back to me repaired
just before 3 pm. This is in Qixian, a relative backwater town. It
cost $16 to have it fixed.<br>
<br>
Regarding China paying attention to the rules laid down by the State
Department, the only real threat the US poses to China is that China's
exports to the US might be taxed heavily or restricted, which is
actually quite possible. Military power isnt any threat whatsoever to
China. They wont back down. Crimping China's oil supply seems to be a
clear goal of the US but the effect is not at all clear.<br>
<br>
<br>
On 8/26/2010 5:28 AM, C. G. Estabrook wrote:
<blockquote cite="mid:4C758AEB.4010705@illinois.edu" type="cite">
<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>
</p>
<p><a class="moz-txt-link-freetext"
href="http://chinadigitaltimes.net/2010/08/noam-chomsky-in-china/"
moz-do-not-send="true">http://chinadigitaltimes.net/2010/08/noam-chomsky-in-china/</a><br>
</p>
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