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China Letter-News and Human Rights

China human rights news with focus on the Uygur of Xinjiang, Tibetans and Tibet, Chinese mining workers, religion, corruption and censorship.

Wednesday, March 17, 2004

Morgan Stanley chief economist: 'why we ought to be thanking the Chinese'

people's daily

International "Roach believes that the theory of 'China Threat' put forward in an age of economic globalization is not apt at all. The world should thank China for its insistence in changing state-owned economy. For China this is the only way to sustainable prosperity but for other countries, it is an opportunity to tap for a huge market. "

In counterpoise to the previous post we have this article quoting a senior private economist giving his reasons why trade with China is good for the US and the world economy.

I tend to side with this perspective though I do believe that economics can and should be used to bring pressure to bear on China to increase the rate of change in it's Human Rights policies. But this has to happen "upfront" not after a trade or investment relationship has been put in place as the U.S. unions are demanding. "Yes Mr Chinese Government we will allow the import of "x" product but you must...." or "we will invest in "Y" province oe "Z" industry but a condition is...."