[Palter]

[Terpfen]

In the West, polysilicon plants take years to build, requiring lengthy approvals. Mr. Zhu, an entrepreneur who raised $1 billion for a plant, started production within 15 months.

This is an argument for less red tape, not more government control. The WSJ actually ran this?

[bert]

Hmmm..... If I read this right, the Chicaps are promoting business whereas the Amerarxists are destroying it.

Have you disparaged an enviro today? a lawyer? a unionist?

[TigerClaws]

We are at war with China. The war is fought with currency policy and corporate espionage.

[1rudeboy]

Good read. The comments might promise to be entertaining.

The WSJ ran this? [chuckle]

[agere_contra]

Western anger with China has focused on Beijing's cheap-currency policy

I'd be angrier with Obama for doubling the money base and devaluing the dollar.

[mo]

At some point the Fed shave to decide if they want to grow up...the Chinese are going to school us...

[Will88]

China's strategy echoes the policies Japan employed in its economic rise—policies that also rankled the U.S. But China's sheer scale—its population is 10 times Japan's—makes it a more formidable threat. Also, its willingness in recent decades to open some industries to foreign firms makes its market far more important for global business than Japan's ever was, giving Beijing much greater leverage.

No one should be surprised. It's the proven Asian model for economic growth: gain maximum access to US and other major markets, allow minimum possible access to the home Asian market, and lure western plants and jobs with cheap labor and lax regulation. Then copy and steal as much technology and know how as possible to use in domestic industries. - And develop huge trade surpluses with western nations and accumulate vast cash reserves.

And sit back and watch the ever gullible (or profiteering) westerners pretend that it really is free trade.

This article really imparts no new information, other than to say China is doing what Japan did, only on a much larger scale.

[Will88]

One of Beijing's most important goals: wean China off expensive foreign technology.

One sentence that tells all. China has no intention of opening its markets, or narrowing it huge trade surpluses with the west. They plan to bring foreign companies and technology into China as the price for some limited market access, then copy and steal until they can produce what they want domestically.

The process is working wonderfully (for China), and the same vast network of enablers and profiteers and apologists (and the clueless) in the West continues to give them cover with their constant babble about free trade and open markets (which the Chinese have no intention of ever allowing).

[kittymyrib]

Our Left loves government control of everything, but the problem is that government is dominated by a bunch of clowns who have never run anything but their mouths.
If we want a controlled economy, we should turn it over to the Chinese Communists who at least are super-efficient. (By the way, they are also foresighted and are buying up every kind of raw material in Africa and Asia and South America, while we suck our thumbs and let the EPA keep us from developing the resources we have.)

[EternalVigilance]

'State Capitalism'

Also known as "fascism."

It's been obvious for more than a decade that China was transitioning from being a communist state into becoming a fascist superstate. And that's just what they are.

[Buckeye McFrog]

and our elites envy them so much you can see the tips of their hair turning green...imagine being able to push a button and get the economy/society to do whatever you want it to do?

[Little Ray]

Most of this is spend on reverse engineering what they steal!