The Road to Serfdom
- The world is moving toward a modern form of Neo-Serfdom where everyone works for the all-powerful State, businesses controlled by the State or businesses that have bought "protection" from the State.
- Freedom is slowly vanishing. What happens when the major employers are owned by government backed investment groups, or your food comes from government owned farms, or your news is delivered by so-called "private" corporations that are in reality connected and interconnected to governments?
- George Orwell had a name for it: Big Brother. Benito Mussolini had a name too: Corporatism or Fascism.
(RT News) - German Economy Minister Sigmar Gabriel has urged the European Union to adopt a tougher approach with China, citing his concerns over Beijing gaining the West's “strategically important key technologies.” He warned China’s WTO status was at stake.
“China itself is going on a shopping tour here with a long list of interesting companies – with the clear intention of acquiring strategically important key technologies,” the German official wrote in a guest column for Die Welt newspaper, as cited by Reuters.
The minister said the EU should review its policies towards the eastern trade partner, having accused Beijing of “foul play.” Gabriel claimed China obstructs direct investments into its companies from European partners and applies “discriminatory requirements” to foreign takeovers.
The German government can only block takeovers with potential risks to energy security, defense or financial stability, Reuters reported. The economy minister, who is also the country’s vice chancellor and leader of the Social Democratic Party, has curbed some latest takeovers of German technology companies by China.
Yet, so far in 2016, 47 deals worth a total of €10.3 billion ($11.3 billion) have been secured by Chinese investors “shopping” in Germany, according to Thomson Reuters data. The numbers show a steep increase from 2015, when 29 deals worth a combined €263 million were inked.
The trend has so disturbed the German official that he has warned Beijing might not gain important World Trade Organization (WTO) “market economy status.” China expects to be granted the status after its 15 years of WTO membership this year, but the German politician said in an interview with national media it “has to act accordingly.”
|The Chinese Communist Party is censoring American Movies
MGM, the studio behind the remake of the 1984 movie "Red Dawn,"
digitally altered the Chinese invaders attacking the U.S. to make them
North Koreans reports the Los Angeles Times.
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