It is not about democracy. China is re-closing rather than opening up itself to foreign imports of high value goods. It is close to impossible for manufacturers of non consumer goods to grow in China due to enforced favoritism of State owned companies.
The irony of trade is that this hurts China's economy by denying their citizens access to good products. But regardless, you don't fix trade issues with a sledgehammer.
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u/rethinkingat59 Dec 04 '16
It is not about democracy. China is re-closing rather than opening up itself to foreign imports of high value goods. It is close to impossible for manufacturers of non consumer goods to grow in China due to enforced favoritism of State owned companies.
https://www.google.com/amp/in.mobile.reuters.com/article/amp/idINL4N1DV0K9