Do the Opposite of Chirac

In Does the Future Belong to China? Fareed Zakaria writes,

How to handle China? The best guide is to listen to what French President Jacques Chirac says, and do the opposite. Chirac, the tired old dinosaur who seems increasingly uncomprehending of today's world, recently denounced China's "brutal and unacceptable invasion" of Europe. He was referring to the fact that China's textiles have swarmed into the European (and American) markets following the abolition of textile quotas. Unfortunately, Chirac's advice, to reimpose quotas in some way, may soon be taken by both Europeans and Americans. (The textile issue is putting a damper on what has been a growing love affair between Europe and China.)

It's an understandable impulse. Textile exports from China have soared since Jan. 1—a 534 percent increase in pullover-sweater sales in Europe for example—but this is largely the result of free trade, not unfair practices. More generally, tariffs and walls are not the way to prosper in the emerging global economy. It's not just China but India, Brazil, South Africa and Thailand, among others, that are all entering the global market with sophistication and skill. The answer for Western countries cannot be to shut themselves off from this new reality. After all, they benefit from the expansion of global commerce. The European Union's exports to China have risen 600 percent in the past 15 years. More broadly, countries that have tried to wall themselves off from the rest of the world in the past—to maintain their economy or culture—have stagnated. Those that have embraced change have flourished. China is simply the biggest part of a new world. You cannot switch it off.

What you can do is be better prepared. For Americans, this means a renewed focus on the core skills that have propelled the American economy so far: science and technology....

"Chirac, the tired old dinosaur". Priceless.