MasterJaguar01
Posts: 2340
Joined: 12/2/2006 Status: offline
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quote:
ORIGINAL: BoscoX If you really read the article, what makes you think that Joe Biden wants to compete with his Sugar Daddies From your linked article: Iquote:
t’s also a departure the White House would rather downplay. The administration insists that its protect agenda is focused squarely on stalling the Chinese tech sector, and not aimed at halting China’s overall economic growth or “decoupling” the two economies more broadly. “We are not seeking the decoupling of our economy from that of China’s,” Commerce Secretary Gina Raimondo, who is enacting key parts of the agenda, said in a late November address outlining the administration’s new tech policies. “We want to promote trade and investment in areas that do not threaten our core economic and national security interests or human rights values.” But that attempt at a middle road between decoupling and unfettered economic engagement is under attack by China hawks and free traders alike. Those who want a tougher stance toward Beijing point out that the total amount of trade between the nations boomed through the pandemic, feeding a record trade deficit between the countries. Those China hawks, including some Trump administration veterans, say that Beijing’s control over the Chinese economy is so complete that the only way to ensure that American commerce does not assist Chinese military development is to push for less trade between the countries, particularly in high-tech and defense-related sectors. Robert Lighthizer sitting in front of an American flag. Robert Lighthizer, Trump’s former trade chief and a longtime China hawk, commended Biden’s recent tech actions against China but urged him to pursue broader efforts to reduce U.S. reliance on China. | Drew Angerer/Getty Images “I think we have to start the process of strategic decoupling,” said Robert Lighthizer, Trump’s former trade chief and a longtime China hawk, who commended Biden’s recent tech actions against China but urged him to pursue broader efforts to reduce U.S. reliance on the Chinese economy. “Once you decide [China’s] a foe, you have to start the process of stopping the shipment of hundreds of billions of dollars each year that they’re using to rebuild their military,” he said, referring to record trade deficits with China following the pandemic. There's more in there to digest, but you're not intellectually honest enough with yourself to warrant my time I read the entire article. Biden doesn't want to publicly telegraph his aggressive stance toward China. Very SMART!
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