Hacker News new | past | comments | ask | show | jobs | submit login

I want to remind everyone that Chinese economy became what it is today because European, American and Japanese companies invested trillions in China. It was a Republican president who kicked it all off. A policy decision of pure capitalism.



It was also a policy decision driven by necessity. Nixon didn’t go to China for the lulz, China was going down a bad path dangerous to the west and western business was hitting a wall in many ways as well.


> It was also a policy decision driven by necessity. Nixon didn’t go to China for the lulz, China was going down a bad path dangerous to the west and western business was hitting a wall in many ways as well.

My understanding is that Nixon went to China to create a another pressure point on the USSR. The Cultural Revolution was bad, but mostly for the Chinese.


Sure, but applying pressure on the Soviets is a bullet point that covers a lot of ground.

Think about the scale, scope and impact of the Apollo program, which ultimately was done for similar reasons.


Those areas made far more than they invested, and China needed that huge investment because those three areas had already spent a century exploiting it for profit.


No, China needed that investment because Mao and his communist policies held China back for decades. But feel free to mouth the CCP line of China being a great victim.


> But feel free to mouth the CCP line of China being a great victim

This crosses into nationalistic flamewar, which we ban accounts for, so please don't do it again. More generally, please don't post aggressive snark here, or any snark.

https://news.ycombinator.com/newsguidelines.html


For a start, things before 1950 still happened. Even during the decades you admit happened, those areas refused to acknowledge the existence of China, making trade impossible.

Early Maoist policy hadn't helped matters, but it's pretty hard to argue American, Japanese, and European policy hadn't already left them in an incredibly shitty position.


Are you saying that China was not a victim? They literally had millions of civilian deaths in WWII. I've seen figures from 14 million to 20 million. Never mind the destructive effects of western imperialism up to that point.

As for Mao holding back China, no doubt there were big problems. But the greatest increases in life expectancy at birth came under Mao [1] and his push to greatly expand access to medical care and education in rural areas. That was itself an investment which set the stage for future growth. (It's a lot easier to get things done when your people aren't dying at age 45.)

[1] https://data.worldbank.org/indicator/SP.DYN.LE00.IN?location...




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: