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by unityByFreedom 3384 days ago
More fake news.

China was closed from roughly 1950 - 1972. In 1920 they'd just overthrown the last dynasty and were trying to establish a democracy, so, it makes sense they'd be in contact with the US at that time. Unfortunately there were some assassinations and their multi-party system never got off the ground.

There are probably tons of optimistic articles about US-Chinese relationships in the mid-1970s, as well as critical ones.

As it turns out, trade helped boost the economies of both Taiwan and China, and people don't call them the third world anymore. Is it perfect? No. But we still talk to them and do trade.

Rockefeller never advocated genocide. Doing business with or speaking positively of a certain leader doesn't mean you approve of everything they do, nor does speaking negatively mean you disagree with everything they do. What you said above is fake news.
1 comments
notsofastmister 3384 days ago
Ok, I finally found a good reference:

"In the 1960s and 1970s, David Rockefeller, then-chairman of Chase Manhattan, frequently visited Hong Kong and opened more branch offices there. In 1973, the bank became the Bank of China's first American correspondent bank." [0]

The guy who wrote the book in 2016 has an M.A. and Ph.D. in economics from Harvard, works for the Congressional Research Service and is an affiliate faculty member at the economics department of George Mason University.

Is this still fake news? Or was David Rockefeller the first American Banker to open a branch in China after numerous trips in Hong Kong?

[0] https://books.google.ch/books?id=Qaa7DAAAQBAJ&pg=PT116&lpg=P...

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unityByFreedom 3383 days ago
No, that is not fake news. The title of the book is loaded but the facts you cited are unbiased.

There is a big difference between this and saying that Rockefeller advocated genocide, or that there's something wrong with the US and China having trade relations.

I don't think it's any secret or part of a conspiracy that Rockefeller worked to establish economic ties with China. It was part of his job. Bankers, hate them or love them, are part of the economy.

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