It appears congress is threatening action against china for the rather high gap in the trade deficit. I see this obviously being the biggest thing that will hold China back. They still are sticky on telecom and other such industries open to competition. I mean really though do we have much of a leg to stand on after the port deal. I don’t know I mean we sound like we’re trying to cocoon ourselves up here as well. I’m far from a Bush apologist, and I hate to agree with him even though I think he created his own enemy. We can’t in the name of terror and politics selectively reduce our decisions down to what part of the world a company is from. We should investigate every company who wants a stake in our national security interests, but really I mean the ports were still secured by our men, with our rules. It’s hard to talk out of both sides of our mouths for equality. As far as china goes if you want to play with the big boys you’re going to have to truly open that economy up.
Globalization and its effects!
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