06-22-2019, 06:11 AM
(06-21-2019, 08:36 AM)rudra Wrote: Data is like the oil of digital age and no one is willing to let it go without a fight. What troubles me is how they are frequently locking their horns over both digital/online and offline oil fields. I do hope it does not get too bad and we see another world war.Well China has always been at war with the West. Ever since WWII it has had a very aggressive global policy of taking over the world economy. All our products have been ruined by cheap products that have been mass produced replacing products that are more expensive and causing many producers to fail - total upset of the world markets as only way the big manufacturers could compete was to get their products to be manufactured in China so they could lower their prices. You're seeing this Chinese colonialism in Africa at the moment. A few big business men visit the country and look for opportunities to expand and to buy their way into the markets, then bring hundreds of Chinese to settle and take over as many industries as they can aggressively competing on price and cheap products and services, undercutting your quality competitors. There has to be a balance and unfortunately previous administrations in the US have been just too happy to open their doors to Chinese investment/expansion into the US economy and provide China with the most favourable rates. Making the US economy vulnerable. So Trump is just working against that. And high time too. Trump's trying to reset the balance in the world economy power. Fortunately both countries need one another. The US has a huge debt with China and China needs to be repaid. Trump is just more strict with setting the terms of negotiation around the repayment - like acting much more fearless than previous administrations have - no more favourable special rates and terms and penalties where penalties are needed. Business first. I don't particularly like Trump but one thing is for sure - for him it's always the US first.
what china is doing in the south china sea is worrying.