A Quote by Sellapan Ramanathan
You are slowly developing some multinationals of your own. We certainly hope that some of them will look in this direction when they look for opportunities because the progress of Southeast Asia is important to China, just as China's progress is important to us.
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Well, the important message that we've always carried to China is that we look forward to your progress and prosperity, we look forward to you playing a role in the progress and prosperity of this region and we look forward to stability in your relations with others.
There are some people who think that at some time in the future, China may challenge us for supremacy in the Pacific, and therefore, what do we do today to prevent that? And you, of course, will say that we will try to thwart any economic progress in China. If we engaged in such a policy, we would turn a billion-plus people into nationalist opponents of the United States.
I can't take anything off the table. Because you look at some of these countries, you look at North Korea, we're doing nothing there. China should solve that problem for us. China should go into North Korea. China is totally powerful as it relates to North Korea.
It's weird because there is progress somehow. But there's so much that just feels the same. How important is that rank? How important is it that I am allowed to make these decisions? What does that really mean? What is progress? Is it progress that a black guy gets to push a button for the nuclear bomb? Is that progress? Maybe, I don't know.
I think that the exchange is very important. Before I did the exhibition in Shanghai, I was a judge for the John Moores Painting Prize and that was very interesting for me, because some of the judges are Chinese and some are British, and we look at the work together. It was fascinating that most of the time we were in complete agreement, but some of the time we were not. People send their works from all over China. For a foreigner, this gave me a very good picture about what is happening in China and its art today.
China is our largest trading partner in Asia. The normalization of our relations will create major opportunities for Norwegian businesses and for job creation. We also hope to resume negotiations on a free trade agreement with China.
The ‘Great Society’ has not worked and it’s put us into the modern welfare state. If you look at China, they don’t have food stamps. If you look at China, they’re in a very different situation. They save for their own retirement security…they don’t have the modern welfare state and China’s growing. And so what I would do is look at the programs that LBJ gave us with the Great Society and they’d be gone.
I can say that China has been cooperating with India to search for solutions. On some issues, it's a question of principles for them. On some issues, it's a question of principles for us. On some issues they differ with us and there are issues on which we differ with them. There are some basic differences. But the most important thing is that we can speak to China eye-to-eye and put forth India's interests in the most unambiguous manner.
I think China thinks information technology is less important than we think it is in the US, economically, and more important politically. And so Chinese internet companies are extremely political, they're protected behind the great firewall of China, and investment in Alibaba is good as long as Jack Ma stays in the good graces of the Chinese communist party. Alibaba is largely copying various business models from the US; they have combined some things in interesting new ways, but I think it's fundamentally a business that works because of the political protection you get in China.
The United States and China have both beefed up their naval presence in Southeast Asia, leading to fears of a military confrontation. This is just one example of China flexing its military muscle in recent months, and it coincides with a slowdown in the nation's economy.
I think there's going to be a real push in the next two years in Asia - China and Korea specifically. And that's a huge undertaking. Ten years ago it was impossible to break into that part of the world. Some of the biggest companies in the world found it challenging. But I am Chinese-American and I think what we do will resonate in China. So that's where we see our biggest opportunities going forward. I do speak Mandarin and I also relate to the hunger that China has for culture and architecture and style.
As is often the case when things are complicated, extreme views have superficial appeal. On the one extreme, some see China as an inevitable enemy that must be contained; on the other hand, there are those who see China as a slowly developing democracy that can be embraced.
Asia is changing, and China is changing. The 'Post' will have great opportunities. With its access to Alibaba's resources, data, and all the relationships in our ecosystem, the 'Post' can report on Asia and China more accurately compared with other media that have no such access.
China is the big economic engine in Asia, so what happens is, as China growth expands, these countries in the periphery of China, whether it be Indonesia, Malaysia, Singapore, the Philippines, they end up growing with China because they become big exporters.
We traditionally in this world didn't have enough calories to feed all of us and had huge famines, not just in Africa, but had them across India, across Southeast Asia, and across China. Because of Borlaug's work at Simit and because of this we have huge excess, until very recently, in agricultural produce and the prices went through the floor.
Historically - when you look at how America has evolved, typically we make progress on race relations in fits and starts. We make some progress, and then there's maybe some slippage.
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