Was Lenin Right About China?
Western capitalism is financing a future "yellow peril." Last year, the Communist government of the People's Republic of China (PRC) released figures in the South China Morning Post showing $100 billion received in direct foreign investment. The PRC needs Western investment and is eager for technology, but the PRC is a rogue government whose concept of "fair trade" is anything that benefits it--from legitimate trade to pirating. Your article "The new trade superpower" (International Business, Oct. 16) shows signs of awakening to this fact.
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