Comments on: Taiwan is a sideshow in China’s relentless quest to be number one http://www.dinocrat.com/archives/2005/06/02/china-hubris/ Wed, 08 Feb 2012 18:35:24 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Dinocrat » Blog Archive » We are out of step on Geldof, Live8, and, apparently, the blogosphere http://www.dinocrat.com/archives/2005/06/02/china-hubris/#comment-31465 Dinocrat » Blog Archive » We are out of step on Geldof, Live8, and, apparently, the blogosphere Mon, 06 Jun 2005 21:51:50 +0000 http://www.dinocrat.com/archives/2005/06/02/china-hubris/#comment-31465 [...] e we know the most about. Take a look at the last couple of month’s posts on China, like this one, and you’ll get the idea. China has been growing at astounding, un [...] [...] e we know the most about. Take a look at the last couple of month’s posts on China, like this one, and you’ll get the idea. China has been growing at astounding, un [...]

]]> By: myrick http://www.dinocrat.com/archives/2005/06/02/china-hubris/#comment-31323 myrick Fri, 03 Jun 2005 10:12:48 +0000 http://www.dinocrat.com/archives/2005/06/02/china-hubris/#comment-31323 "use state-controlled banks as Venture Capital investors disguised as lenders." Not quite, state-controlled banks give policy loans to crappy state-controlled companies. China could use more venture capital investment, the real private sector is where most of the growth is. "as they put forward concessions and withdraw them in the textile dispute." The China side removed its concessions because the US and EU continue to move toward restrictions despite the show of goodwill, why should China have its exporters doubly punished? US companies had 10 years to prepare for the end of the quota regime and they didn't (actually, the ones who moved plants to China and elsewhere in Asia did). “use state-controlled banks as Venture Capital investors disguised as lenders.” Not quite, state-controlled banks give policy loans to crappy state-controlled companies. China could use more venture capital investment, the real private sector is where most of the growth is.
“as they put forward concessions and withdraw them in the textile dispute.” The China side removed its concessions because the US and EU continue to move toward restrictions despite the show of goodwill, why should China have its exporters doubly punished? US companies had 10 years to prepare for the end of the quota regime and they didn’t (actually, the ones who moved plants to China and elsewhere in Asia did).

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