Shanghai, China-June 1323: Amazon, Ebay, Shein, Temu, Walmart, Aliexpress, Lazada, Target and … more
Temu is a low -cost online market that has been in the lawsuit to achieve popularity with US buyers, and they are also Chinese. Responding to Temu’s achievements in the world’s most competitive consumer market, Nebraska’s Attorney General Mike Hilgers has filed a complaint that Temu installs “malicious software” of some kind that gives the company access to “sensitive information”.
This is very bad and signifies that US politicians are more involved in the protection of US businesses than competition than they are interested in national security. This means that every Chinese business that Americans like will unfortunately face political pressure on the success of the US consumer competition.
All we need to understand why the above is true is a visit to the Temu website, which is clearly popular with American buyers who want much more for much less. Yes, Temu represents competition. That represents competition from China is a beautiful thing, a sign of progress. A sign that people who were once desperately poor because of the sad horror of communism are increasingly free to produce a world that can consume a lot.
What is unfortunate is that with Tiktok, the excuses for government action are produced by part of the American commentary traditionally of Ronald Reagan’s view that “the nine most frightening words in English are:” I am from the government and I am here to help. ” Since TMU collects data for customers and visitors on its website in the way that all businesses do and have always done, good business practices are depicted as TMU.
THE Wall Street Journal’s The editorial page, the Holy Grail of the general increase in the genius of free people and free markets, and the local view more linked to Reagan, seemingly ignorant of the most frightening words as it is addressed to Temu. As Newspaper pension supported Yesterday, “as long as Chinese companies put backdoors and malware on American devices, state AGS can help protect consumer.” This didn’t read it right. Government involvement in consumer choices does not suddenly achieve noble properties simply because the market provider comes from China.
In addition, it raises the obvious question about when this will stop. If we forget about the extremely questionable excuses on the political class attacks on Tiktok over the years, what is obvious is that these same dubious excuses are going to be a catch-all for every Chinese business that has the gall to prosper in the American elements that support the previous allegation. Newspaper The Constitution, which noted that “a dilemma of dealing with Chinese companies in a free society such as America is their obligated obedience to the Chinese Communist Party”. Stop and think about it. It is a covered excuse for the government at all levels in the US to attack every Chinese business that the state achieves. This protectionism will hurt Americans twice, but realistically many other ways.
For one, if national security is going to be the usual excuse not to allow Americans to press Chinese companies, then Chinese businessmen will have significantly reduced the means to buy from US companies. Products buy products, always and everywhere.
Secondly, what shame if this blanket excuse for the suffocating expansion of Chinese businesses in the US Robs Americans from the opportunity to divide work with some of the most productive people in the world. In other words, every day the Chinese get up and go to work, the Americans become richer.
Add safer to the above. When people negotiate each other, the war becomes terribly expensive. Let us not allow protectionism to be covered as “national security” to obstruct what reinforces the same national security. In another way, let us not allow the political class to expand Tiktok’s shameful fate to every Chinese company.