American businessmen and politicians especially Clinton and Bush have always assumed that if we maintain an open business and political relationship
with China that eventually China will relax its hard line human rights and censorship policies.
Google's sudden change of heart, threatened pullout of the China market because of China's hard line on censorship demonstrates that possibly our
China policy has failed. There has been no changes in China. The government remains as inflexible as ever. What really galls America is China's
currency policy that devalues their currency and prices American labor and goods out of the market. At a time when American unemployment goes only up
this may bring China policy to a head.
Obama hinted at this in his recent speeches in China. Obama is basically a softie, a patsy when confronted but as conditions worsen and China has more
human rights abuses, Obama may be forced to push China harder.
We hear more and more talk about trade protectionism. Always a risky policy as it could provoke a trade war that could push the world back further
into recession.
I've written often recently about China's overstimulated economic state with unresponsive world markets. China is pushing itself toward economic
collapse and has few alternatives but to stay on the path it has taken. I don't see China changing at all in spite of US protests and economic
retrobutions.
Look for Obama to make new policy statements regarding China and threatening trade sanctions while the Chinese thumb their noses!
www.ft.com
(visit the link for the full news article)
[edit on 19/1/10 by plumranch]



