Tuesday, March 18, 2008

China as Mercantilist

Interesting overview in the Economist. Not sure it breaks new ground, but it takes the position that China is recognizing that it can't and shouldn't simply deal with anyone who will sell it much needed resources. This, I think, is in fact in China's best interest in the long run as these are the same countries whose governments are most likely to change. Like Eastern Europe, the general population tends to remember who their friends were and weren't.

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