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[视频号] 中国是敌是友英文文档

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发表于 2020-10-7 13:47:38 | 显示全部楼层 |阅读模式
There is a ferocious competitiveenvironment
and that is why many of the foreigncompanies did not strive to compete
but that said…
they would say they haven’t got any access
I mean a lot of them don't have any access,it's just a fact
that’s only true: Facebook and Google
that's right, information related
eBay competed with Alibaba
Amazon is still there but they're allcompeted by JD
But that I have to say that landscape isshifting as well
because of the new sector the Interneteconomy
there's just much more level playingfields, much more competition
it might not have been the same kind ofenvironment in the past
when we're talking about automobilemanufacturing competition
Malcolm what do you think…I want to go backto Martin's point about the blocked transition
do you think there's a sense in the Westthat they're kind of looking at China thinking
well, you know the carrots are not lookingthat great anymore
so maybe we'll treat them as an enemy now
because we can wield a stick, becausethere's nothing to gain
I…think part of the Trump administration'sattitude to Chinese trade
and indeed the view of people in the numberof other Western countries is sour grapes
I mean the Chinese happen to have been verysuccessful exporters
that's not a unique Asian phenomenon
we have went through exactly the same withJapan in the 1950s
and with South Korea and other Asiancountries
they've shown themselves to be able toproduce the goods
that we are consumers freely choose to buy
because of quality, because of price andall the another…other market considerations
so that aspect of it is sour grapes
and I don’t go along with the Trumprhetoric or the Trump analysis
However and there’s a huge However
because what China has done so far and in asense you almost acknowledged it
if I may say so, is that they've taken thebenefits of the global economy
without this one you, yourself said it'snow time to give something back
and by saying that you were acknowledgingthat
that's what they have not been doing uptill now
and what they have refused to do
in any real sense apart from rhetoric
is to allow Western companies but not justWestern companies
other Asian companies as well
to have the same access to penetratingChinese markets
as they expect to have when they proudly goto Davos
and say we believe in globalization and weare now the champions of globalization
now that Washington has given that up
at this moment in time I hope that willchange
but at this moment in time, the ability notjust of American companies
but companies from any country other thanChina
to actually get into the Chinese market andcompete with Chinese companies
is severely restricted not just because ofconsumer choice in China
but because the Chinese government wantedthat way
and how you do you agree with that?
in fact when China joined the WTO, the…
one of the conditions were to have certainsectors be open up to foreign competition
and foreign companies wanted to come in forthe Chinese market
and some even voluntarily traded in some oftheir key technologies
now that said those are not the bestcompanies in the world
because they wanted the Chinese market
so that's…inaccurate to say that there wasno foreign access whatsoever
there were certain sectors
Now today, financial sectors is beingliberalized
and they're inviting the foreigninstitutions to come in
which will be good for China as well
because we need competition to fix thefinancial system problems
those kind of regulations, those kind ofrelaxation of rules have already happened
it's already been completed, So we'reseeing that
you know, Tesla is the first foreign whollyowned car company in China
and so we're hoping to see more change
which is puzzling them the quest…the kindof language out of Washington DC
the trade war language, because if thingswere changing fundamentally
why would the corporate lobby in the US notbe fighting Trump every step of the way
and saying, look the doors open
we don't have a problem here, we're happywe're getting the business that we need
In fairness, The trade war has acceleratedthe opening up of China
which includes not only financial servicesbut also lowering tariffs
so that Chinese can import more from abroad
now this is a very important event
that China recorded the first currentaccount deficit in decades
it's going to import more than it exports
and it will serve as a great source ofaggregate demand
but it's Trump that… the trade war canalmost be said as…
thought of as a strategic gift
because it's pushing for greater reforms, domesticreforms as well as more opening up
and it's actually consistent with a long-termeconomic goals of China
Okay, Martin, Can I just say does that turnyour argument on its head that…


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