Tuesday, March 22, 2005

Running Items Department: Europe Backtracks on China Arms

In the short-life of this blog, I have often criticized China for its mercantilist economic policies, lack of human rights and bellicose attitude towards Taiwan. It should be no surprise, therefore, that I harshly attacked Europe for considering lifting the arms embargo in place since the Tiananmen Square Massacre. Now it appears that the European Union is backtracking. Apparently the profit from arms dealing to a regime that slaughters its own people is outweighed by the political costs for rewarding China after making new threats to Taiwan. The New York Times has the latest on this story.

President Chirac first proposed lifting the embargo in late 2003, arguing that it was obsolete. European diplomats say that France is not so much interested in selling arms to China as using the possibility of such sales as a way to sell commercial equipment, from Airbus planes to computers.

Why does that not surprise me.... ?

Related Posts on JohnnyBlog:

Other Opinion on China
New Addition to the China Sucks Dossier
China Still Sucks
The Myth of the China Market

Update: 2:17PM
The Fourth Rail has a good breakdown on the future of the China-Taiwan dispute. Bill Roggio argues that China would damage its economy too much by actually attacking Taiwan and that any invasion would favor American strength: air and sea power. It is crucial, however, that the United States does not appease the party-dictatorship currently running China while they increase their efforts to intimidate Taiwan into capitulation.

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