Premier Li Keqiang said on Monday China and the United States should maintain negotiations and he reiterated pledges to ease access for American businesses, as China scrambles to avert a trade war.
Li told a conference that included global chief executives that China would treat foreign and domestic firms equally, would not force foreign firms to transfer technology and would strengthen intellectual property rights, repeating promises that have failed to placate Washington.
More @ CNBC
This gives cause for optimism. I would be very happy if the USA and China had a good solid friendship based on trust and reciprocity.
ReplyDeleteShould be able to with most countries.
DeleteTrusting communists at any level is a very dangerous undertaking.
DeleteGotta watch our government also.
DeleteFact is the ChiComs have much more to lose than we do in a trade war. Yes they have built huge gleeming modern cities but they still have hugh rural populations living on subsistence. Add to that is large numbers trapped in very real conditions of slavery building all that junk they dump into Western economies. Should any significant percentage of these be thrown out of work their existing social unrest could well explode. Any Chinese outward military aggression would have to be pulled inward. It's happend before. During China's attempted invasion of northeast India in the early '60s they suddenly turned back because of a massive crop failue that threatened riots. The Chinese army had to release it's food stockpiles built up for the invasion to curtail the food riots. Today China's population has nearly trippled. They might have a large army but would it be large enough to stem a revolution? That is the question the ChiComs are struggling with. Donald Trump's unpredictability is the factor they can't estimate or control.
ReplyDeleteThey didn't fare well in their invasion of Vietnam in the 70's either.
DeleteThe Viets have no affection for the Chinese. Some 400 years of military and political occupation will do that. If I'm not mistaken a considerable majority of the "boat people" were ethnic Chinese.
Delete1,000 years as I remember.
Delete