What do you propose to do about it that wouldn’t end in even worse outcomes?
- If China is going to practically make life hard for western companies to operate in China, then same will happen to Chinese companies. Huawei is already experiencing this.
- If you are going to steal intelectual property and mass-produce items then this will have implication on trade.
- WTO sanctions needs to be implemented until China starts to respect the rules that every other country follows.
Devil's advocate: those rules exist to protect the interests of Western countries, not China, and China is a nascent superpower with nuclear weapons, so why should China respect them?
Also China doesn't want civil unrest.. if we imposed harsh sanctions I can guarantee itll crollapse their economy, then their country. We just need to "tap the breaks" so to speak.
They can manufacture almost anything they need. Oil is a major exception. They are addressing vulnerability to oil imports with big pushes for electric cars and nuclear energy, as well as alliances with major oil exporting nations.
They also have channels to import other raw materials, particularly from Africa with which they have strong economic ties and can in return provide the African nations with manufactured goods and expertise for infrastructure building.
On the other hand, a sudden, near complete sanction on Chinese imports would result in widespread shortage of many manufactured goods in the US and EU. Both sides will survive but it is unclear who would get hurt more.
https://atlas.media.mit.edu/en/profile/country/chn/#Destinat...