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Politics : Politics for Pros- moderated
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To: LindyBill who wrote (655015)3/23/2018 12:36:38 PM
From: Katelew   of 793926
 
<<"The pattern we've seen, and it's very clear, is that these corporations that go over to China from America tend to earn some additional profits in the short run, which is good for them in the short run," Navarrow said. "But inevitably, they create Chinese competitors who have their technology, and those competitors first compete in the Chinese market against them, and then in regional and global markets.">>

This is the meat of the article. I've been reading about the strong and diversifed domestic marketplace China has built. Side by side choices of product, Chinese are increasingly choosing products of Chinese design and made by pure Chinese companies. In electronics, the Chinese have an array of high quality domestic products. Supposedly a phone is close to production that will compete well with Apple phones.

It's not clear what these tariffs can actually accomplish relative to the longer arc of Chinese mercantilistic goals.
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