This kind of shit makes me laugh so much, and really exemplifies why even capitalists in America don't understand capitalism. Once your competition does something, you have to respond to it somehow. This is basic fucking business. China has purposefully dominated the global labor market for years (which has in many instances also been at the expense of the labor class), and if you don't use them you had better have some other gimmick than just being cheaper than the competition, because once your competition starts using them and drops their prices you have to.
There is no way in hell any other country will give up that market advantage, and unlike with America, China is absolutely in a position to hamper those European countries in relation to the U.S. by limiting the amount of product that Europe can produce in China.
Deng Xiaoping and the Transformation of China by Ezra Vogel is very thorough and detailed, and it mostly spares you the annoying moralizing that a lot of English-language authors feel compelled to use when writing about geopolitical rivals. It's like 700 pages so be prepared but all in all a good resource.
This kind of shit makes me laugh so much, and really exemplifies why even capitalists in America don't understand capitalism. Once your competition does something, you have to respond to it somehow. This is basic fucking business. China has purposefully dominated the global labor market for years (which has in many instances also been at the expense of the labor class), and if you don't use them you had better have some other gimmick than just being cheaper than the competition, because once your competition starts using them and drops their prices you have to.
There is no way in hell any other country will give up that market advantage, and unlike with America, China is absolutely in a position to hamper those European countries in relation to the U.S. by limiting the amount of product that Europe can produce in China.
Just hilarious.
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:deng-cowboy:
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the policy of requiring technology transfers and partnerships (with domestic Chinese companies) was brilliant
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Deng Xiaoping and the Transformation of China by Ezra Vogel is very thorough and detailed, and it mostly spares you the annoying moralizing that a lot of English-language authors feel compelled to use when writing about geopolitical rivals. It's like 700 pages so be prepared but all in all a good resource.