Sunday, July 29, 2007

Question Of The Week, 7/29/07

Good morning. The last couple of weeks have been exciting to say the least. My computer and I have both had some health problems. I still need to work on the computers memory. On July 20th my Wife and I became Great-Grand-Parents for the second time. Mother and baby are both doing well.

I hadn't even started thinking about this weeks question yet when I found it. I'd just got home from work and there it was in the snail mail. In the latest issue of Imprimis. This weeks Question Of The Week is. "How should we deal with China in the coming years?"

Thanks go to:
Hillsdale College News Letter, Imprimis

I'll post my answer in the Comment Section Monday night.

God Bless America, God Save The Republic.

3 Comments:

Blogger Always On Watch said...

By allowing so much trade with China, we have encouraged the system of government there.

Let's make no mistake: China is not in love with America. But China IS in love with the American dollars propping up their economic system. We should apply some of Reagan's principles--the principles he used to deal with the USSR. Otherwise, China will continue to grow stonger--and that strength includes their army. Have we forgotten just how agressive China has been in the past with that military?

7:20 PM  
Blogger American Interests said...

‘… that brings me to China, a country which sometimes attracts more superlatives than commonsense evaluation …’

Margaret Thatcher in an address to the American Enterprise Institute 1998.

I still think there is a big gap between rhetoric and reality of the world's most populous economies and so it seems that the use of such adjectives to which Margaret Thatcher refers have not abated in the years since 1998. We cannot doubt the dynamism of Chinese economic growth but there is still a vast difference between the world’s largest economy and that of China’s in fourth or third place. Furthermore, its present system of governance is an economic liability.

For the most part China is still a poor country with a substantial proportion of its large population earning less than $US10 per day.

In terms of overall World Trade, China’s is less than 10%.

In terms of the value of final goods and services produced (Gross Domestic Product) the United States figure is at least five times that of China.

Chinese banks still boast an unacceptable amount of bad loans and are weighed down, by an excessive sum of commercial regulatory structures.

Corruption within officialdom remains rife as does environmental degradation.

Social unrest, although contained, is rampant with police records revealing a seven-fold increase over the past decade.

These are just some of the serious pitfalls and barriers that need to be overcome.

Militarily speaking the difference is also vast (the U.S. is way more advanced) and this is well documented.

Regardless however, a fitting American response needs to be considered or else in around 25 years things may change

Finally I enjoyed having a look at your blog...Will visit again...

8:47 AM  
Blogger David Schantz said...

First I want to thank you for stopping by to answer this weeks question. I'm late again."How should we deal with China in the coming years?" First we shouldn't let ourselves be fooled into thinking China is our friend. We should remember that there is a very old book that todays leaders (in China) still use when making important decisions involving government/business policy and military strategy. The Art Of War by Sun Tzu, http://www.sonshi.com/sun2.html (one of many translations). One tool that Sun Tzu mentions many times is deception. Before dealing with China our government and business leaders should study, and learn the teaching of Master Sun. You have no chance of winning if you do not know your enemy.

God Bless America, God Save The Republic.

10:32 AM  

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