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Sunday, September 16, 2007 at 12:23 PM
12:23PM

Regulations on China are good for us and them

DateSunday, September 16, 2007 at 12:23PM

In Turnaround, Industries Seek U.S. Regulations, By ERIC LIPTON and GARDINER HARRIS, New York Times, September 16, 2007

Interesting dynamic with Chinese competition: because the Chinese undercut on both price and safety, U.S. industries see regulation as salvation.

Oddly enough, so will the Chinese over time. The better our regs work upstream on the Chinese, the more we help their economy become more rule-bound.

Good stuff for both sides.

AuthorThomas P.M. Barnett CommentPost a Comment |
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