What happens today will be history tomorrow. With that in mind, I copied this opening quote from what Willi Paul wrote for Sustain Lane.com, “By stealing our technology, copying our products, forcing us into a trade deficit, manipulating their own currency and then buying our debt, the Chinese may win the long-term war of globalization.” Paul’s rant goes on with examples of how the Chinese are unscrupulous spies and thieves.
If America and the rest of the Western world are in a trade war with China, the Chinese did not fire the first shot. In the 18th century, the powerful Qianlong Emperor rejected proposed trade and cultural exchanges with the British Empire and said the Qing Empire had no need for goods and services the British could provide.
The Western powers did not like being told “no”, so during the 19th century two Opium Wars were fought with China to force the door to trade and Christianity open—I recall that Japan was forced to trade with the West too, which resulted in the bombing of Pearl Harbor leading to World War II.
In fact, those trade wars started by Western powers with China in the 19th century aren’t over yet and the rules of fair play do not apply to love, business and war.
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