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That's good though. That means they have to invest in R&D instead of depending on exploiting cheap labour to brute-force their way into the market.Using cheap labor, copying foreign products, and bypassing copyright worked for the US, Japan, Korea, and Taiwan when they were in their own economic rise, and thus far has been working for China.
>Basically, the goal is not to expunge them from the market, the goal is to make them compete under the same rules.
What "level field" rules would that be?
The European powers used 2/3rds of the world as colonial resources, the US was founded upon the land grab from the native Americans, and benefited from slavery for centuries, and on top of it it uses it diplomatic and military power to gain favorable trade deals, topple and influence local governments to gain them (from banana republics in L.A. to Asia and Europe), and control resources and trade routes.
Using cheap labor, copying foreign products, and bypassing copyright worked for the US, Japan, Korea, and Taiwan when they were in their own economic rise, and thus far has been working for China.
>Basically, the goal is not to expunge them from the market, the goal is to make them compete under the same rules.
What "level field" rules would that be?
The European powers used 2/3rds of the world as colonial resources, the US was founded upon the land grab from the native Americans, and benefited from slavery for centuries, and on top of it it uses it diplomatic and military power to gain favorable trade deals, topple and influence local governments to gain them (from banana republics in L.A. to Asia and Europe), and control resources and trade routes.