wait isnt china entering the tpp tho? if we leave, wont that just mean china will be reaping the majority of the benefits..?
for someone so against chinese expansion and influence, seems like a p dumb move to me
chinese expansion would have a huge impact on our economy. i would say rn we have a p good prescence in asia, but withdrawing from the tpp is just going to help china strongarm the US out of being a major player in asia. while i agree the tpp is p forgeted up overall, it def helped the US hold china back to an extent
those countries literally cost more to upkeep than their markets are worth. china's economy is pretty much that of a paper dragon, their economy is starting to stall out, why do you think so many of their oligarchs are investing abroad (NYC) in real estate markets? it's going to end up just plain stagnating when they run out of ghost towns to build. along with that, you forget china's a photocopier. without the tech and stuff to steal/copy they're nothing but rice farmers.
and to top all that off, the chinese people are deathly afraid of stuff going south, because everytime stuff went south in the middle kingdom, tens upon millions of chinese die of slaughter and hunger. the only reason the people put up with the BS government is because they're terrified of the inevitable. china itself is a domino, and it's just waiting to have itself tipped over to cause a chain reaction of a nonstop loving
getting a bit back on-topic here, though, the problem the TPP had was how much it tried to force a one-size-fits-all kind of trade agreement on the US and 11 more asian nations. it would be better to deal with each of them individually to get the best out of our relationships with said nations, so, by dealing with these asian nations individually we can now have penal/punitive measures for nations that choose to misbehave without having to punish those who trade fairly in conviction
either way, if anything, the best case scenario china gets out of this is a little more breathing space
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