As someone who works in retail, a large number of the UK population support this decision, as they also buy Huawei phones. Huawei phones are incredibly popular and customers tell me they're very angry at the current anti-Huawei/China feeling at the moment. For those who don't have a lot of money, they really appreciate that Huawei makes phones for all kinds of incomes, not just £40,000+ a year. A lot of them (rightly imho) perceive the US action against Huawei to be out of fear that the US may not be topdog in an area of technology.
>If the British government was truly concerned about market failures, it would not reward Huawei, which profits from unfair support by Chinese state capitalism, giving it advantages over its competitors from market economies.
Is this not outrageous? That we're so intolerant of other kinds of economies that we must try and band and block so that people don't realise the disadvantages of our own system? If your system is so superior, let it compete on its own merits.
> Is this not outrageous? That we're so intolerant of other kinds of economies that we must try and band and block so that people don't realise the disadvantages of our own system? If your system is so superior, let it compete on its own merits.
What are you arguing? Would you want to live in an economic system similar to Chinas? Many economists believe there is a genuine merit to China's economic system, but that doesn't mean it's something we in the West should support. There is a social cost to China's state intervention. The largest being that it leads to corruption. Do you think Huawei can ever take a stance against the Chinese government? Of course not. China's economic system is basically just corrupt capitalism. It's not about who's got the best economic system, it's about who has the right values.
> Is this not outrageous? That we're so intolerant of other kinds of economies that we must try and band and block so that people don't realise the disadvantages of our own system? If your system is so superior, let it compete on its own merits.
Is this a criticism of the West or China? Because China does this currently with multiple Western companies.
> Is this not outrageous? That we're so intolerant of other kinds of economies that we must try and band and block so that people don't realise the disadvantages of our own system? If your system is so superior, let it compete on its own merits.
Any country with any sort of economic system can toss money (or labor at least) around. If you want to dominate the tire industry for some reason, you can just give them money, favorable government contracts, or whatever else.
That doesn't prove your system is superior, just that you can tax people and write checks.
>If the British government was truly concerned about market failures, it would not reward Huawei, which profits from unfair support by Chinese state capitalism, giving it advantages over its competitors from market economies.
Is this not outrageous? That we're so intolerant of other kinds of economies that we must try and band and block so that people don't realise the disadvantages of our own system? If your system is so superior, let it compete on its own merits.
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