Wednesday, March 29, 2017

The business of nations is no longer business

Up until the Great Financial Crisis caused by the Americans or a few years before, the business of nations was business. Post crisis, it was trying to stay above the floodwater and getting back to business. Then politics quietly asserted itself and became clear with Brexit and Trump's election. Race and culture has supplanted business. Identity and preserving one's way of life, real or imagined as the Americans fantasied is the trend now.

China is Australia's most important trading partner but the Aussies are telling the Chinese thank you for your business but we are more different than the same.

Most of us here are Chinese Singaporeans and we are more Singaporean than Chinese too especially if your language at home is Mandarin.

See NYT article.

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