
Karl Gerth, “China: Up Close and Personal” (Open Agenda, 2021)
New Books in East Asian Studies
00:00
Did China Jump Into Cars or Were They Pushed?
The west and japan have the capacity to make many more cars. So they use a tremendous amount of institutional pressure, most notably the w t o a, to force china to open its markets afore cars. They decide thatim sorr y, have lost my train of thought. I momentarily a, in order to gain access to those markets. A, ch China has thi small, so iill a, stop completely. And instead of having to transfer massive amounts of technology, invest lots of capital with uncertain returns in a joint venture with another country. Theres we'll see in china to day, and the west and j Japan then as having massive excess capacity.
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