The Chinese Commo-Capitalist threat

[Sikander]

Re: The Chinese Commo-Capitalist threat

Originally posted by Pax

http://www.guardian.co.uk/business/story/0,3604,1545330,00.html

The recent fear and blocking of Chinese companies acquiring western corporations raises several questions.

1. If we beat communism why are we still afraid of china?

Firstly, we didn't beat communism so much as it beat itself. Secondly, communism and China are not the same thing. Thirdly, the Chinese are not really communists in anything but name though their state is politically the same sort of horsesh!t we are used to seeing from nominally communist countries.

Originally posted by Pax
2. Is communism we fear or the fact that they are not western?

Neither. We fear them because they have the potential to harm us and a government which is beholding to no one but itself short of a coup d'etat.

Originally posted by Pax
3. How is that we want open markets but when it comes down to it we want protectionism to prevent our markets from really being open?

Are you aware that in every country there are those who support more free market policies and those who support more protectionism? In the case of China trying to buy a U.S. oil company there was enough of a stir that the Chinese decided to not push it. The stir was created because the Chinese company is majority owned by the state, and oil is a strategic resource. Don't expect the U.S. to sell the Chinese General Dynamics either.

Originally posted by Pax
I understand the living/working conditions of the worker and the value issue concerning chinese currency but accoding ideological doctrine a businesses under a communist country would never able to flourish enough that they would be able to purchase a large corporation in a free market society.

Where exactly did you find this doctrine outlined? In any event, the PRC does not have a communist economy. When they did it is extremely unlikely that they could / would have been able to buy a large western corporation.