Bombs and Dollars – American Foreign Policy Blog – China, Afghanistan, Pakistan

China Hush has some thoughts from Zhang Hongliang on why China’s trade partnership with America is bad for them: The “Disaster” of Chimerica: Are Both Sides Losers?
No, but both sides are behaving like sore losers.

Here’s Zhang Hongliang:

1.) The US enjoys the accomplishments of industrialization while China bears the burden of the negative effects of industrialization. … environmental pollution and the depletion of resources, overproduction, and inflation.

Of course China bears the pollution; THEY CREATE THE PRODUCT!

So that means they get the money and the jobs, and the US is losing jobs to China. China bears the burden and also reaps massive rewards.

2.) The formation of a new pattern of the distribution of wealth: Whatever China has, the US gets to enjoy.

Distribution of wealth=Americans give money to China. The US pays Chinese companies for products, the Chinese enjoy increased prosperity from America, their economy growing faster than any other in the world, and thus there are rising wages and rising standard of living.

Generally speaking, when you pay someone, you get something in return, so yeah, that’s how the US gets to enjoy Chinese products, and the Chinese get to enjoy US wealth.

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It’s a weird thing among communists, the infighting that takes place among them. Sino-Soviet border clash, Vietnam-Cambodia rift…and now China lambasted Obama government for the anti-dumping duties on steel pipes, carefully timed a week before President Obama’s visit.

But at last, after ages, they also claimed to be a market economy and wanted Washington to recognize the fact! (That a victory for capitalism, Mr. Chomsky?)

U.S., just out of recession and arrogant again, imposed anti-dumping duties of $2.63 billions, the biggest trade action against China ever. China is now countering this, by launching it’s own investigation against American products, which if goes true, will hit the already in coma car industry of U.S. the most.
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Congratulations, China!

As confirmation of their status as an Economic Power, China is building one of the world’s trademark tourist attractions of exuberance: a Disney theme park.

China (mainland) joins Japan, France, Hong Kong and America (twice) in the Land of Disney.
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