Author: ceciliazhang

Does the WTO have the power to stop a trade war? [Copy link] 中文

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Post time 2018-4-8 10:54:04 |Display all floors
It reminds us of what happened 30 years ago. At the time, US was targeting at Japan on the theft of their intellectural property. Now, it is China's turn. Only difference is that China will never give up without a fight.

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Post time 2018-4-8 12:40:52 |Display all floors
ceciliazhang Post time: 2018-4-8 10:54
It reminds us of what happened 30 years ago. At the time, US was targeting at Japan on the theft of  ...

So China will fight for its exclusive right to pirate other businesses' intellectual property? Are you proud of this?

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Post time 2018-4-8 12:44:23 |Display all floors
ceciliazhang Post time: 2018-4-8 10:23
Donald Trump once said that WTO is a disaster, and he would go ahead even if WTO ruled against him ...

Donald Trump is a disaster for the USA but Donald Trump's decision to impose special duties on Chinese imports is a gold mine. We should all thank him for that. China has been given a free ride in the WTO for too long and now China is a parasite on the global economy.

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Post time 2018-4-8 12:56:35 |Display all floors
Dracarys Post time: 2018-4-8 10:26
if those organizations have power to stop things happened .. there would be no war in this world ..



As someone who was impressed by the Club of Rome's publications back in the 1980s, I must say we have not learnt much over the intervening decades and everything has grown worse.

The Club of Rome warned us back in ca. 1970 that raw materials are finite but our appetites are gorwing and will exceed the availability of raw materials. Then followed the oil shock in 1973, and suddenly the rich West realized that one day we will be unable to drive our luxurious motor vehicles bdcause without gas they won't move.

Globalisation is just a catchword that facilitates the act of forgetting that we people are a small part of Nature and we must preserve as much of the environment as we can. However, who these days helps preserve resources? Water? Fresh air? Plants? Forests? Animals? Everything that is not human is going down the drain.

Really, we should set up OBSTACLES to prevent further trade rather than remove them. There is no need to move food from Brazil to China (soybeans for example). It is a complete waste of resources - land in Brazil (the Amazon jungle shrinks and shrinks continuously as a consequence), petrol (to ship the soybeans to China), man hours (to handle stuff for a foreign market that could grow soybeans by itself).

Globalisation is a massive war on Nature, a daily renewed attack on the Earth's last white areas. It has caused massive extinctions from elephants in Kenya to abalone in Mozambique to jaguars in Bolivia (did you know that Chinese now are buying jaguar teeth for medicinal purposes?).

Really, we don't need all this trade. We should grow our needs on our own lands. Trade in surplus goods is good but the for-profit export of things that others could make too is a vast and intolerable waste of resources. The economist who set the inflexible rule that economies must constantly grow has put a murderous bacillus into our thought.

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Post time 2018-4-8 13:04:46 |Display all floors
seneca Post time: 2018-4-8 12:40
So China will fight for its exclusive right to pirate other businesses' intellectual property? Are ...

It is not theft when US companies willingly give away their technology in exchange for access to the Chinese market. You may call it unfair but the corporations did not have it stolen, they had a choice.

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Post time 2018-4-8 16:29:22 |Display all floors
ceciliazhang Post time: 2018-4-8 13:04
It is not theft when US companies willingly give away their technology in exchange for access to t ...

You need to listen to those who inform us (and you, if you listen well...): The Chinese ruling clique has changed the goalposts many times in the last 30 years, putting ever more onus on the international investors and brand owners to give China what it cannot produce of its own. The USA is not the only country that complains about its car makers being compelled by politics to share their knowhow with the Chinese partners who, it must be said, are the main beneficiaries as the Chinese government BANS wholly foreign-owned plants. So in point of fact there are TWO discriminatory regulations in place, i.e. the rule that foreign brands have to partner with a Chinese outfit to produce things in China in a JV; and the newest rule enacted two years ago that says that foreign brands must reveal their knowhow secrets to their Chinese partners or go out of business.

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Post time 2018-4-8 16:30:15 |Display all floors
ceciliazhang Post time: 2018-4-8 13:04
It is not theft when US companies willingly give away their technology in exchange for access to t ...

No, "willingly" giving away one's technology and knowhow does not amount to "theft".

But do you know any business that "willingly" lets a rival own its secrets???

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