Saturday, July 23, 2005

NYTimes: Who's afraid of China Inc?

In one sense, it is beneficial that China become more interdependent with the US. China may become less communist and more capitalist, once it realizes that there is no benefit to attempting to "dominate" the world through ideology.

The bottom line is whether people will benefit from your economic system.

China may become enculturated and realize that it has nothing to fear from capitalism U.S. style.

Of course, this does not mean that the US should carte blanche open its doors to China without the requisite security checks. Such a path would not be beneficial to the US at all.

Achieving balance in this regard can be reached. We have the minds and the will to do it.

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