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Theodorestoday at 10:22 AM2 repliesview on HN

Such a weird take, it sounds as if you have never read or listened to anything that the Chinese leadership have had to tell the world. Or for that matter, Confucius. Yet there is certainty of a paranoid mindset, with some 'yellow peril' going on. Hearst did well with that one!

Just read their five year plans. Not the 'yellow peril' fearmongering, just go to source and make your own mind up. The Chinaman is not out to get you. In fact, until recently, he looked up to you and had the open hand of friendship. He made you many beautiful things and you didn't say thank you, you wittered on about 'stolen IP' (from your stolen land, and it wasn't even your IP, not personally).

China is in no urgency to supply their fine electric cars to the 5% that consider themselves to be American. Why would you? The most litigious place going, with the cheap gas, sinophobia, tariffs and special dealership rules. There is no 'rug pull' either, you are on the 'rug pull' now, with US/EU vehicles costing a fortune. Chinese cars offer savvy consumers a way off, to the sensible land of great value cars.

What you are failing to understand is that, internally, China is hyper competitive, with no rent-seeking class and no settled in mono-duo-trio-polies to stifle all innovation, as per the West. What emerges from the brutal competition of the free market in China (free from rent seeking monopolists) is super-good when it makes it to the wider world.

Huawei kit was just too good, plus the backdoors for five eyes weren't in it, so it had to go. Do you honestly think they had 'communist' backdoors to key infrastructure they were selling into the West, to be scrutinised by armies of security engineers? They are not stupid.

As for the costs being higher in the West, that is just rent seeking, not workers getting paid more, just having more rent/mortgage to pay due to the class of rent seekers the West upholds as 'smart' when they are just parasites, in a financialised economy that is broken.


Replies

pjc50today at 10:37 AM

> Do you honestly think they had 'communist' backdoors to key infrastructure they were selling into the West, to be scrutinised by armies of security engineers? They are not stupid.

The UK used to have a special BT+Huawei+MI6 joint office where the kit was subject to inspection. I never heard of anything confirmed coming out of there, and the thing seems to have vanished from the internet. So I suspect the order to phase out Huawei was similarly politically motivated.

JumpCrisscrosstoday at 10:49 AM

> internally, China is hyper competitive, with no rent-seeking class

The party elites and their families are all billionaires!