Beijing Begins Predictable Totalitarian Response…
Conservative Treehouse,
by
Sundance
Original Article
Posted By: earlybird,
6/2/2019 10:11:01 AM
All your interests are belong to us…. There was previous discussion of how Beijing would respond if/when their economic interests were challenged. In essence, the prediction was that China would drop the panda mask and revert back to their oppressive totalitarian tendencies.It is an interesting dynamic because the more the communist state moves to punish and control western business interests, the less likely any western investment flows into China. It’s a simple question: Why would anyone want to engage a business relationship inside a totalitarian system that could move at any moment to control your business?
Reply 1 - Posted by:
earlybird 6/2/2019 10:14:40 AM (No. 89062)
In communist China, China must win. There is no middle ground.
FTA:
President Trump has positioned this geopolitical trade reset perfectly. Trump is applying Chairman Xi’s own “us -vs them approach” toward confronting China. The supply chain investment Beijing needs to sustain itself is now being controlled by elements outside China. Beijing responds by attacking those in the international community who control the investment.
This will not end well for China.
Watch as time goes along and more companies, and nations, slowly walk toward the exits with China. There is just too much inherent financial risk.
2 people like this.
Reply 2 - Posted by:
HotRod 6/2/2019 10:27:09 AM (No. 89069)
For those who do not read the story: ''The Ministry of Commerce said on Friday that it would blacklist foreign businesses or individuals that violated market rules and contractual obligations, or took 'discriminatory measures' to hurt Chinese business rights and interests, as well as national security and interests.''
If I was a company officer, posted to China, I would be getting out NOW! Anyone looking can see it coming, reading the statement above. Arrests, imprisonment, trials, and demands for ransom payments to ''compensate China.'' Also, facilities, equipment, and materials will be confiscated. Shareholders in these companies would be wise to sell.
8 people like this.
Reply 3 - Posted by:
jacksin5 6/2/2019 10:32:22 AM (No. 89074)
Out of pure selfish interests, if nothing else, should start bringing businesses back to the USA. Between tariffs and the threat of China's nationalizing U.S. companies, manufacturing should return here, or at least to countries we can do business with.
4 people like this.
Reply 4 - Posted by:
red1066 6/2/2019 10:39:26 AM (No. 89082)
That question has always puzzled me. Knowing China's political system, past behavior, copying products, and the requirement to give up intellectual property in order to do business in China. Why would any company set up a business in China? Did they think that the over one billion people that live there would all of a sudden have money to buy their products, or did greed blind them into thinking China's political system would change once the money started to roll in?
4 people like this.
Reply 5 - Posted by:
bad-hair 6/2/2019 11:18:44 AM (No. 89121)
Ditto #2
If I was a company officer, posted to China, I would be getting out NOW! Anyone looking can see it coming, reading the statement above. Arrests, imprisonment, trials, and demands for ransom payments to ''compensate China.'' Also, facilities, equipment, and materials will be confiscated. Shareholders in these companies would be wise to sell.
Did we not just do this in Venezuela? Bring the rare earth processing here to TEXAS Oh, already started that. China yelps WE fix it.
2 people like this.
Reply 6 - Posted by:
dirtyjersey 6/2/2019 11:34:13 AM (No. 89141)
China became popular in the 90s as a low cost location with no environmental or labor union worries. The hope was that a billion people would become consumers, and start buying what they make.
Everything else about China is a royal pain for doing business. Quality is not honored like Japan, corruption is rife, wages are rising. The workforce is aging and shrinking.
So, China is bluffing that it holds all the cards. Jobs aren’t going to come back to US, but they are shifting to other countries like Vietnam, Thailand and Cambodia. Americans are hurt by production moving, but China is. We have already passed “Peak China.”
3 people like this.
Reply 7 - Posted by:
dirtyjersey 6/2/2019 11:35:58 AM (No. 89142)
*Americans aren’t hurt
2 people like this.
Reply 8 - Posted by:
Socaworld 6/2/2019 11:53:06 AM (No. 89146)
I have a good deal of professional contacts and interests inside China, and the repressive climate has gone mad the last several months. I am on WeChat more than any other internet venue (L.dot is a close second!). I fear that climate will get much worse before there is relief. It's more than the trade negotiations, Xi is trying to become a "for-life" dictator at the same time the economy is contracting. While I have a great deal of affection and sympathy for the Chinese people in general, the state that controls them is a hideous, murderous, tyrannous monster.
3 people like this.
Reply 9 - Posted by:
bad-hair 6/2/2019 12:56:28 PM (No. 89187)
Hideous. First you must learn to smile while you kill.
2 people like this.
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Comments:
So now there is a blacklist of “unreliable” foreign businesses that “threaten” Chinese interests. This, in the wake of the American blacklisting of Huawei.