Saturday, April 13, 2013
The China talk
China has been in the news now for all the time. The U.S. wants its help in defusing the threat from North Koreans. But at the same time, the U.S. threatens the Chinese with taxes on its goods, blocks the sale of weapons and technology and wants to engage in so called currency manipulation. This article is not about who is wrong or right but about how china has become such an important player in the market that people have to anticipate its every move and act on their own in response to it. Right now the main issue is with the North Korean; China does not want push too much on them lest the regime collapse and they then have to take care of all the refugees. Surely the tension will be defused but the Chinese will be left with the mess not the U.S. There was also an article about how the manufacturers in the West keep on pushing the China price (that is how can someone able to compete with the price of goods manufactured in China). Although the rise of China is a major concern for the U.S. and other big powers, but I don’t believe that they should worry too much about it since China wants to be a player on the world stage, not the disrupter that some people fear. Talk about China is all over the place and we should be engaging China as there is no other way, the world can get along just fine.