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Comments by "" (@urrywest) on "Why Canada’s PM Justin Trudeau Got Schooled by China’s Xi Jinping | G20 Summit | Indonesia" video.
@investor615 Why? Western investors built up chinese industry because they had the best labor rates in the world. Now that they have come up with their own production in new markets to meet demands, supported by infrastructure and services that keep down the cost of labor, western monopolies are calling foul. Why all this vitriol for industrial capitalism?... Capitalism works... You should try it.
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Yes... Things between people get heated and people talk in pointed ways... Normal stuff.
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@investor615 Just like the sanctions are the driver of the war in Ukraine, so are the allegations against the capitalist chinese because they are winning... Objections about how the chinese rigged the system were published during the reagan admiration... Yes the rigging is done in the west for speculating on fragile asset values in a system that is leftover from the 18''th century but the rigging in china is for industrial production, what used to be called capitalism.
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