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pampango

(24,692 posts)
33. Do you believe that this would not have happened if China had not joined the WTO?
Mon Jan 20, 2014, 12:09 PM
Jan 2014

China joined the WTO at the end of 2001. Russia (the last major country to join) joined in 2012.

From 2001 (the last year that trade with China was not governed by the WTO) we imported about $102 billion from China. In 2011 we imported about $399 billion. Our imports increased by a factor of 4.

In 2001 we imported about $6 from Russia. In 2011 (the last year before Russia joined the WTO) we imported about $34 billion. Our imports increased by a factor of almost 6.

Our imports from China are almost 12 times what they are from Russia (our exports to China are 12.5 times what our exports to Russia are) but China has 10 times the population that Russia has. In 2011 our trade with China was 78% imports and 22% exports, while our trade with Russia was 80% imports and 20% exports.

http://www.census.gov/foreign-trade/balance/c5700.html

I am not sure you can make a case that not joining the WTO would have slowed down China's industrialization or trade growth or improved his environmental record. Not being in the WTO did slow down Russia's trade growth. I see not reason to believe that keeping China out of the WTO would have slowed it down any more than it did Russia.

What "non-centrist" policy would have prevented China's economic and trade growth and environmental damage? A Cuba-style trade embargo? That hardly sounds like a liberal policy proposal.

That is some surreal dystopian shit. Where are we headed? flying rabbit Jan 2014 #1
Stole my thought. This is right out of one of those dystopian fiction books about the future. marmar Jan 2014 #2
Libertarian, lassiez faire capitalist planet. No regulations, can't have those... Who's to say that freshwest Jan 2014 #13
China is a deeply conservative nation, not a libertarian one n/t Fumesucker Jan 2014 #18
It was either the summer of '72 or '73 madokie Jan 2014 #15
Visited family in Riverside in 1980 and didn't realize a mountain was nearby. It was the era of freshwest Jan 2014 #24
My thought is it is a combination of all those madokie Jan 2014 #25
My thoughts exactly, flying rabbit. This is some great fodder for a dystopian story. chrisa Jan 2014 #28
plus one. sad and scary Liberal_in_LA Jan 2014 #29
OMG that is so unbelievably wrong on SO MANY LEVELS! Oh God!! Ecumenist Jan 2014 #3
Surreal. Sienna86 Jan 2014 #4
Dystopian! Kaleva Jan 2014 #6
That was my first thought, too! GMTA, haha. n/t freshwest Jan 2014 #14
But regulations are a drag on capitalism!1! JNelson6563 Jan 2014 #5
All those pesky digits that represent living things be damned! MOAR MUNNY! n/t freshwest Jan 2014 #26
Now that's capitalism! Brickbat Jan 2014 #7
I know a gal who works for a Japanese airline company Art_from_Ark Jan 2014 #8
If that doesn't show the depths our denial will go Shankapotomus Jan 2014 #9
Too bad were so dependent on China for the cheap labor and buying our treasuries (debt) karadax Jan 2014 #10
The US government isn't all that interested in taking better care of US workers Fumesucker Jan 2014 #17
if republicans had their way, this would be the landscape in our major cities spanone Jan 2014 #11
It was, once; the Clean Air Act and environmental regulations changed that Spider Jerusalem Jan 2014 #16
Didn't you read the OP? This pollution was simply exported. Not eliminated. nt Romulox Jan 2014 #21
I feel so bad for those people. polly7 Jan 2014 #12
isn't this vaguely onethatcares Jan 2014 #19
. jsr Jan 2014 #20
More of the bitter fruit of "Free Trade". Are you "centrists" ashamed *yet*???? nt Romulox Jan 2014 #22
Do you believe that this would not have happened if China had not joined the WTO? pampango Jan 2014 #33
Mordor. nt geek tragedy Jan 2014 #23
One question: Wouldn't it be better if we burned our coal here where we have enviromental doc03 Jan 2014 #27
That is incredibly sad sakabatou Jan 2014 #30
Wow. It seems more like protest art. It must feel like salt in a wound for Beijing residents. Matariki Jan 2014 #31
No, Beijing residents are NOT watching fake sunrises on giant TVs because of pollution Newsjock Jan 2014 #32
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