Agree with you on the more organised response on these matters. The government would help by being clear on where they stand with China in many respects.
As a classical liberal, I see no reason why the government should block a private company from investing in the UK. I also don't see how Britain benefits from becoming part of an EU protectionist bloc. One of the main benefits of leaving the EU was more free trade with the rest of the world. Blocking investment from a private Chinese company seems to be an act of self-harm, without strong justification.
Also, why is the government picking winners in the first place?
Slashing taxes, regulations, and subsidies would make the whole energy market more competitive, increasing energy generation, and keeping bills low.
The whole reason we have the highest energy prices in the world is that the government keeps taxing energy and then subsidising renewables.
Politicians don't have enough information or expertise to allocate resources. Protectionism only results in uncompetitive industries reliant on state aid and tariffs. Free trade increases consumer choice, competition, and innovation.
if you know so much about the well defined benefits of markets and not their weaknesses, then you need to do more reading. Tariffs are here to stay and are absolutely necessary for political stability
The British people aren't going to have a revolution. What is this political stability nonsense you're talking about?
If you read more history and economics books, you would know that markets aren't perfect, but free markets deliver better outcomes than central planning.
I'm talking more generally about the move away from globalism to national capitalism. They don't ALWAYS deliver better outcomes than central planning, you're just simple
The known unknown of the implementation date for the One China policy and the shockwaves from losing TSMC, which would have to be quickly rebuilt elsewhere, is always going to mean regions need to keep strategic supply chains within "reach" and disfavour global supply chains or heavy reliance on Chinese manufacturing/technology (with its proprietary operating system that rely on constant updates).
Doubly so for energy supply chains!
Until One China v Taiwan is resolved, definitive policy decisions are off the table in my opinion.
Agree with you on the more organised response on these matters. The government would help by being clear on where they stand with China in many respects.
We're going to have get into bed with Chinese companies at some point.
Hi Cindy. Interesting article.
As a classical liberal, I see no reason why the government should block a private company from investing in the UK. I also don't see how Britain benefits from becoming part of an EU protectionist bloc. One of the main benefits of leaving the EU was more free trade with the rest of the world. Blocking investment from a private Chinese company seems to be an act of self-harm, without strong justification.
Also, why is the government picking winners in the first place?
Slashing taxes, regulations, and subsidies would make the whole energy market more competitive, increasing energy generation, and keeping bills low.
The whole reason we have the highest energy prices in the world is that the government keeps taxing energy and then subsidising renewables.
Not everything is about market economy, in these times the ideas of political economy is a more important set of concepts to become familiar with.
Politicians don't have enough information or expertise to allocate resources. Protectionism only results in uncompetitive industries reliant on state aid and tariffs. Free trade increases consumer choice, competition, and innovation.
if you know so much about the well defined benefits of markets and not their weaknesses, then you need to do more reading. Tariffs are here to stay and are absolutely necessary for political stability
The British people aren't going to have a revolution. What is this political stability nonsense you're talking about?
If you read more history and economics books, you would know that markets aren't perfect, but free markets deliver better outcomes than central planning.
I'm talking more generally about the move away from globalism to national capitalism. They don't ALWAYS deliver better outcomes than central planning, you're just simple
The known unknown of the implementation date for the One China policy and the shockwaves from losing TSMC, which would have to be quickly rebuilt elsewhere, is always going to mean regions need to keep strategic supply chains within "reach" and disfavour global supply chains or heavy reliance on Chinese manufacturing/technology (with its proprietary operating system that rely on constant updates).
Doubly so for energy supply chains!
Until One China v Taiwan is resolved, definitive policy decisions are off the table in my opinion.