China's economic problems

[volbound1700]

https://www.wsj.com/economy/trade/china-quietly-exempts-some-u-s-made-products-from-tariffs-b7bc033c

 

[dalton_vol]

why would I be mixing up capitalism with corporatism?

we are supposed to be a capitalistic society, everything Trump is doing is pushing us away from that, and maybe into a more corporatist economy. I can't say for sure, because I can't tell if Trump really has a plan, but its not a more open economy with less government involvement, aka capitalist.

Trump didn't inherit an economy with no standards, he is taking an economy already buckling under the red tape and government involvement, and adding to it. at least in his first go around he removed some red tape/overreach but he hasn't done that yet this time.

I believe he's trying to remove regulations in many areas of business. I believe this would help capitalism. The mountain of Regulation placed on companies and businesses make the government essentially the owners by proxy. They don't technically own the company or business but they regulated so much they might as well

 

[dalton_vol]

Interestingly, the Disney World China, their parking lot is next to a Government redoctrination camp

 

[volbound1700]

In my view, the world would be better if each region has manufacturing and jobs in place. I don't think it would be good to kill all manufacturing in China but we also don't want 70% of the manufacturing there.

This drives jobs, consumerism, etc. in each part of the globe and creates overall markets for people to sale products, for a service industry to develop, etc.

An even spread of manufacturing globally is the best approach.