The European Union will block access for Chinese companies bidding for publicly funded contracts unless businesses from Europe get the same access in China, under new proposals tabled in Brussels.
The point of having someone coming in to bid for a public contract is so that that public contract gets done more cheaply/better than if it were done by government directly. And the more people we have bidding on such contracts the better we think the deal we\’ll get is. The less the taxpayers will have to shell out to get more of whatever it is.
This is true wherever the bidders originate from: more of them is better. For what we actually care about is how much do we have to pay to get our bridge/tunnel/bag of bureaucrats\’ pencils delivered to us.
We should therefore welcome Chinese companies bidding on such contracts: for we don\’t in fact care where they come from, only for what they will deliver to us.
That China doesn\’t allow their own citizens to benefit from what we can do more cheaply/better for them makes Chinese taxpayers poorer but not us.
The EU here really is committing the great mercantilist sin. They really are saying that because you won\’t let us save your taxpayers\’ money then we, in a fit of Gallic arrogance of quite monumental stupidity, will not allow you to save our taxpayers\’ money.
Fuck \’em. So who has the key to that warehouse where we put the tumbrils after the events of 1794?