China must adopt the paramount mindset of looking after
its own interests first. China must not follow the EU, blindly being
waylaid by looking after the interest of the USA by following its
dictates in the Ukraine War. The biggest folly of the EU was
antagonising Russia by following sanctions instigated by the USA, even
to the extent of hollowing out its own manufacturing base, now due to
unavailability of cheap Russian energy.
Who has been benefiting
from the misery of EU de-industrialisation? The USA of course, by
killing the Nord Stream pipeline's operation, and opening up the EU
energy market instead to mainly expensive USA linked energy suppliers.
Companies moving to USA with the Inflation Reduction Act, a sinister
measure meant to lure EU companies to relocate to the USA was the other
vile motive. The EU is paying the ultimate price.
Of course China
also benefits, with many EU businesses moving to China for example, to
take advantage of the cheaper energy environment and the important
Chinese market. But why are the EU countries complaining mostly about
the 'Inflation Reduction Act' as an attempt to de-industrialise Europe
and not protesting against China even with companies moving over there?
China
never had to resort to unfair trade practices like the 'Inflation
Reduction Act', unlike what the USA does, just to musk its sinister
motives. China never forced BASF or Airbus to relocate their main or
expanded production lines to China. Everything was voluntarily done,
with even the CEOs of those companies, not to mention Olaf Scholz and
Emmanuel Macron, flying all the way to China together with them to ink
those deals.
This is also just the exact motive of the Chips and
Science Act enacted principally to cripple China's technology sector
from overtaking the USA. The Chips4 Alliance was formed to enhance
sanctions against China, which some analyst are saying will only work on
paper. Now we can see why it will not work, with China restricting rare
earth elements and export of important technology.
This may
sound odd, knowing that China was never thought of as being in the
forefront of technological innovation in the past. But over the years,
China has overtaken the USA in the field of high tech patents and
scientific papers, and you can be sure there are important sectors that
China is now ahead and therefore necessary to keep them away from the
West.
China's retaliation could be argued as telling the USA and
the West that China is no longer going to be the punching bag of the USA
and the West, just like the Brits and Poles are now telling the
Ukrainians that it is exhibiting ungrateful behavior for all the help
given to it so far. It is as if Ukraine is the most important country
for Nato, and demands support from everyone without gratitude. Russia
helped the EU countries, particularly Germany and France to
industrialise and become what they are today (not tomorrow), but that
has also been repaid with ingratitude. Countries are now realising that
enough is enough.
Anonymous
1 comment:
The western purging of competence:
The immortal words of the nameless Boeing employee about the 737 MAX apply to most large western companies; “this airplane is designed by clowns who in turn are supervised by monkeys.”
Monopoly and oligopoly is the rule and the main objective of most large western companies is to prevent anyone from infiltrating their sector – usually by bribing regulators or by buying the competition. This is a necessity because a huge number of western companies are now run by incompetent management and staffed by incompetent people, particularly in support and management functions.
Western companies are no longer competitive. They cannot compete with Chinese companies now and soon they won’t be able to compete with companies in general outside the West. They simply can’t function except inside an economic safe-space.
This also applies to western societies as a whole. The entire leadership and diplomatic classes of the West are no longer competitive against the rest of the world for exactly these reasons. They are being outmaneuvered by the Chinese, the Russians, the Indians, and everybody else at every turn. Even African leaders are now more competent than western leaders. They have consistently made decisions that are better for their people than leaders in the West – for the last few years anyway.
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