Hidden Harmonies China Blog

Slate/Intelligence Squared appears to be planning an interesting live debate on March 13 – with Orville Schell and Peter Schiff arguing for the motion in the title and Ian Bremmer and Minxin Pei against.

Details of the debate can be found at the slate and intelligence squared websites. The intelligence squared site – in particular – features a good and interesting set of articles linked under its research in depth section.

In anticipation of the debate, Schiff had this to say in an interview with Slate titled “Excuse Me, But Your Democracy Is Ruining My Capitalism”: Read more…

I thought this was a very accurate characterization by Orville Schell via an op-ed on China Daily of the “dysfunctional” investment relationship between China and the U.S. at the moment. My interpretation? On one hand, China welcomes investment with open arms; think Intel, GM, Caterpillar, and even Google investing in China. That creates tons of jobs in China. American politicians calls that “exporting jobs” to China. Now China wants to “export jobs” to the U.S. through investing, and the American politicians call this a national security issue! (Yes, if Chinese companies invest in the U.S., it would also mean they will derive revenue from the U.S.. That is the same thing already being done by U.S. multinationals like Intel, GM, etc. in China. That’s globalization.) The 50 Congressional Representatives Schell referred to? They are xenophobic, protectionist, and stupid.
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