Monday, March 10, 2003 :::
John Derbyshire on China:
China's Communist dictators care about one thing only: staying in power. To stay in power, they have to keep the economy moving forward. To do that, they have to maintain, and if possible increase, their exports to the U.S. The communist regime is entirely dependent on our willingness to buy Chinese goods. If we embargoed Chinese goods, many American firms would go out of business. The prices of many things would rise, though other third-world suppliers would soon fill the gaps. The effect on China, however, would be a thousand times more dramatic. Their economy would collapse.
Memo to Hu Jintao: If the U.S. loses a city to some terrorist group, via a weapon that would not have been made if you had helped us shut down the Kim Jong-il regime, or via a weapon you sold, or helped someone develop — if that happens, pal, it will be around 100 years before any American ever again buys any object stamped MADE IN CHINA.
::: posted by dWj at 3:36 PM
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