Saturday, November 20, 2010

Who fed the tiger?

Who fed the tiger?

" Richard Nixon opened China. His 1972 Shanghai communique pointed inexorably to what Jimmy Carter did in 1979: break relations and abrogate our security pact with Taiwan, and recognize the People's Republic as the sole legitimate government of China. In 1982, the Ronald Reagan White House signed on to a communique with Deng Xiaoping's China by which we agreed to reduce and eventually end all arms sales to Taiwan as tensions in the strait diminished.
Under George H.W. Bush, Beijing's crushing of the Tiananmen Square protest with tanks was not allowed to interfere with business. Repeatedly, Republicans voted to extend most-favored-nation status to China. Dissenters were castigated as "isolationists and protectionists." Under Bush II, the GOP made MFN permanent and sponsored Beijing's entry into the World Trade Organization, despite China's downing of a U.S. surveillance plane and incarceration of its American crew on Hainan Island. Colin Powell was forced to apologize.For decades, corporate America championed investing in China and trade with China, though the massive transfer of U.S. factories, technologies and jobs was clearly empowering China and weakening America. Now, with U.S. political, military, industrial and strategic decline vis a vis China manifest to the world, we hear the wails of American businessmen that they are not being treated fairly by the Chinese. And the politicians responsible for building up China are now talking tough about confronting and containing China. "

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