I've seen it coming for some time now. China's increasing PDC or "public display of confidence" that's been building for over ten years could come back to haunt it. According to China, China is always faster, smarter, "right-er" and better than the rest of the world. Problem is the rest of rest of the world has worked hard to develop and played to a certain set of rules for a long time now, rules that newcomer China seems intent on disrupting.
Chinese usually consider it "clever" (聪明 - tsong ming) to bypass the system to achieve ones ends. But as dumb as the rest of the world seems, the rest of the world may not be that dumb after all. What did George Bush say "fool me once ... uh, shame, shame on you. If you FOOL me you can't get fooled again ... !" Translating for our dear Mr. Bush, we can let infractions slide a few times but we do have our limits. Increasingly it seems it's China against the world, a world that when pushed can become a united and formidable opponent.
Read this WSJ article (link below) discussing an emerging reality for China, one sure to put limits on just how much it can continue, as Obama has been saying, gaming the system.
Live and learn,
Chris
China Might Have Over-Reached Itself
By IRWIN STELZER
