In order to further safeguard itself, Xu expects China to provide financial subsidies and tax breaks to the tariff-hit agriculture and manufacturing sectors.
Really hope this doesn’t happen. There is no need for the Chinese to maintain such an extreme trade imbalance anymore. They shouldn’t be wasting their resources to make exploitation by the imperialists (chronic net drain of resources from China to imperial core) easier.
As I understand it, I agree with your concern that China probably shouldn’t gain anymore strength in trade than they possess already, because they’ll eventually pull the same garbage the U.S. does today, almost certainly. However, the poetic justice of defeating tariffs through public investment is a little bit of a consolation prize, as least ideologically.
I’m not firm in my stance so if you disagree or think I’m missing something, please feel free to discuss with earnest :)
I think the real poetic justice would be for china to defeat the imperialists’s strategy of distorting world markets to their benefit by resisting such distortions. Let the imperialists ruin the foundations of their own power. The capitalists will subvert market forces while socialists master them.
Really hope this doesn’t happen. There is no need for the Chinese to maintain such an extreme trade imbalance anymore. They shouldn’t be wasting their resources to make exploitation by the imperialists (chronic net drain of resources from China to imperial core) easier.
My thoughts on the same quote FTA:
As I understand it, I agree with your concern that China probably shouldn’t gain anymore strength in trade than they possess already, because they’ll eventually pull the same garbage the U.S. does today, almost certainly. However, the poetic justice of defeating tariffs through public investment is a little bit of a consolation prize, as least ideologically.
I’m not firm in my stance so if you disagree or think I’m missing something, please feel free to discuss with earnest :)
I think the real poetic justice would be for china to defeat the imperialists’s strategy of distorting world markets to their benefit by resisting such distortions. Let the imperialists ruin the foundations of their own power. The capitalists will subvert market forces while socialists master them.