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A comment on China's $1T Plan to Shake Up the Economic Order. Parent comment

Re:China's $1T Plan to Shake Up the Economic Order by hn_throwaway_99 on Saturday May 13, 2017 @04:38PM (#14332876)
This is demonstrably false, and actually the opposite of most countries that have successfully developed. I was searching for "South Korea protectionism history" to find articles for a great example (as SK practiced heavily protectionist policies in the immediate post-war decades), and this came up: https://www.theguardian.com/commentisfree/2008/sep/09/eu.glo...

Protectionism can be very successful for countries with underdeveloped economies.

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Re:China's $1T Plan to Shake Up the Economic Order by awkwardtortoise on Saturday May 13, 2017 @07:39PM (#14333529)
Hell the icon of "free trade and capitalism" developed under protectionism.

https://en.wikipedia.org/wiki/Protectionism_in_the_United_St...

Every nation needs protectionism to help its industries. It's only when you have strong stable industries/companies that you become anti-protectionism because you want your native companies to have access to foreign markets.

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