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by margalabargala 45 days ago
Well, different kinds of protectionism.

The CCP's protectionism is because China is going for a cultural victory. It wants Chinese products to be available and inexpensive and purchased around the world. It puts resources to that end.

The US's protectionism is for the enrichment of the CEO, board members, stockholders, and Executive Branch's family members. It wants to protect the domestic market from sending money somewhere other than the relatives of the people in power.

While they're both "protectionism" they're not the same policies.

1 comments

It is just sad that commentary like this even exists.

I sincerely am curious of the education that produces sentences like this. On one hand it is articulate and educated, on the other hand its amazing that one can think China is doing this out of charity and not wiping out its competitors one after the other.

I fear you badly misunderstood my comment if you think I think China is doing anything at all out of charity.

China wants to supplant the US as the world hegemony and we'll all be worse off for it. The Chinese protectionism I described is China exercising an avenue they think will help them approach that goal. It certainly is not charity.

One protects against forein interests the other against domestic. The west is all about relative wealth building China is building absolute wealth.

To expand your fortune relatively other people have to lose. Its required.

I don't read that as doing it out of charity. A cultural victory is still a victory. China is very much playing to win.