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In Reply to: RE: Why all the Chinese bashing? I recall (okay, not a few years, now…) posted by tinear on October 27, 2014 at 12:26:01
The Japanese and S. Koreans have taken over the communications industry.... When the free market is allowed to operate on its own volition, the products become cutting edge.
And if the Chinese government further lowers its burdens on its market, I can almost guarantee that country will provide innovations of its own.
Free markets work. America was once the model, but other parts of the world have since taken over.
Follow Ups:
Korea is a command economy, not a free market.
Or did you forget that there are two Korea's and we're obviously speaking of the Republic of Korea, also known as South Korea?
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"Korea is a command economy, not a free market."
That's North Korea.... South Korea is a free market economy. Hardly anybody in the world economic community disputes that.
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