This just isn't true. China has not played fairly against the US in modern history. Putting aside problems like currency manipulation, intellectual property theft, and putting up barriers for foreign companies, they also haven't played fair with regards to tariffs.
Take Elon Musk's word for it if you don't believe me: "an American car going to China pays 25% import duty, but a Chinese car coming to the US only pays 2.5%, a tenfold difference"
https://www.cnbc.com/2018/03/08/elon-musk-sides-with-trump-o...
I'm not really sure why we expect others to "play fair".
And he said they would move all production to China based on a mis-interpretation of the story:
"I saw a story today, that one of the great manufacturers in this state, Jeep, now owned by the Italians, is thinking of moving all production to China,"
He said all production, not some of it. He was riffing on a public news report that didn't say what he said it did.
it is childish at best to selectively focus on WTO agreements only. when China is banned from purchasing most high tech stuff from the US, even some intel Xeon processors and DELL computers, how could you possibly expect to have easier access to the Chinese market?
The US government should also become more consistent when it comes to international treaties and agreements, if those WTO agreements are indeed so bad to the US, why not just follow America's own paths in the Iranian deal, the Paris Climate deal and the UN human right commission case? Rather than keep crying on whether WTO is fair or not, maybe it is time to pack up and leave WTO? Trump mentioned it recently but didn't have the balls to actually make it happen, so sad.
I just wish China would open up just a "little" more. To shut everyone up.
I'm saying that Trump's "aggressive trade policy" (senseless surprise tarrifs) was the impetus for this particular action (senseless surprise import ban). Absent that, the IP theft would have continued quietly (as it always has, everywhere) and the destabilizing trade war wouldn't be happening.
You seem to be taking an absolutist perspective: IP theft[1] must not ever be tolerated and any action to prevent it, however destabilizing, must be taken. And that's how you get trade wars (real wars too, FWIW). This was a nice modern economy we had while it lasted.
[1] I mean, come on. It's ?!@#! DRAM and flash. There are a half dozen manufacturers all over the world making exactly this same junk. It's not like sudden "Chinese" threat to Micron was going to introduce competition in any way that Samsung and Fujitsu were not already providing. Please.
No, the market has concentrated and is very largely dominated by just 3 companies: Samsung and SK Hynix in Korea and Micron. I don't think China has a whole lot of choice as regards memory chips in the volumes that they need. And getting new supply up and running is a yrs long process.
That's circular, US "aggressive trade practices" (which means unilateral tarrifs, let's not spin, please) came first, so making them "the only answer" is sort of self-fulfilling.
Frankly it's much more likely that Chinese trade shenanigans like this are the result of the escalating trade war. The volatile climate makes "big steps" like enjoining a whole foreign company more attractive as the relative threat of retaliation is less. If you think your opponent is going to pull the trigger, you shoot first.
Now we just have to wait for more, ahem, "aggressive trade practices" to be announced by the White House, and we'll escalate further.
This is what a trade war looks like, folks.