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Response to Oregon1947 (Reply #7)

Fri Nov 8, 2019, 09:53 AM

8. Indeed, China is a socially oppressive regime.

But like all dictatorships, it can be very efficient. China found itself globally embarrassed by polluted skies at the 2008 Summer Olympics. Long shots of The Birdcage, the main venue in Beijing, were shamefully hazy with smog. China immediately granted over two trillion dollars in initial investment to address the problem. In a state of totalitarianism there was no red tape or debate. It was ordered from the top and done.

In those short ten years, China has found itself at the forefront of clean energy technology. Admittedly, it wasn't borne out of concern for climate change, but to clean up after decades of industrial pollution, much like California in the '70s.

Now if one starts a solar project here they must go to China to import the PV cells.Those giant windmills that litter the outskirts of major metropolises? Made in China. We don't see them here, but China also leads the world in electric vehicles. A side result is employment in engineering and manufacturing, bringing with it a new class of Chinese consumer. China is now seeing an economic and social renaissance much like America in the '50s.

Now the EU is working without us to tap into this new emerging market to trade their products. Macron is cutting deals that we likely will never be a part of. In that way Trump's bumbling has set us back by a measure of generations.

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