basquebromance
Diamond Member
- Nov 26, 2015
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At its heart the trade dispute is about far more than tariffs. It is a contest of two very different national ideologies.
the US believes that openness creates prosperity, resolves disagreements within society, and promotes the diversity that spawns innovatio. China sees government control as critical to developing the economy, achieving social peace, and forwarding the best interests of the nation.
Americans tend to think free markets that are operating in a fair regulatory environment produce the best economic results. Beijing, doesn’t trust market forces and instead wants the state to play a more direct role in achieving the economic outcomes it determines are necessary.
the US believes that openness creates prosperity, resolves disagreements within society, and promotes the diversity that spawns innovatio. China sees government control as critical to developing the economy, achieving social peace, and forwarding the best interests of the nation.
Americans tend to think free markets that are operating in a fair regulatory environment produce the best economic results. Beijing, doesn’t trust market forces and instead wants the state to play a more direct role in achieving the economic outcomes it determines are necessary.