How does China cheat on trade? Let us count the ways

dukkha

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Peter Navarro arguably has the toughest job in the White House.

You see, Dr. Navarro directs the White House Office of Trade and Manufacturing Policy. He comes to work every day to be greeted by new evidence of China’s no-holds-barred economic war against the United States, from its cheating on trade to its theft of intellectual property.

His findings are summarized in a new report entitled,
“How China’s Economic Aggression Threatens the Technologies and Intellectual Property of the United States and the World.

The report itself is 36 pages long, but I can summarize it in two words: China cheats.

China cheats by protecting its home market from American imports with high tariffs, tricky non-tariff barriers, and costly, constantly changing regulations.

China cheats by subsidizing the exports of government-owned “national champions” to crush its free market competitors and dominate global markets.

China cheats by preying on weak counties, locking up their natural resources with “debt traps” in an obvious effort to gain a global stranglehold on key resources like bauxite, copper, nickel, and rare earths.
These monopolies are not only being used to fuel China’s industrial machine, but to punish those countries who would oppose its predatory policies.

China cheats by subsidizing manufacturing with cheap loans and cheap energy, and also by turning a blind eye to environment, health and safety standards. Because of its cheating, it already dominates industries ranging from ship production and refrigerators, to color TV sets, air conditioners, and computers.

Above all, China cheats by stealing key technologies and intellectual property from the United States and other countries. These activities range from cyberespionage and forced technology transfer down to massive open-source collection and plain-old physical theft.
 
Suffice to say, if you can imagine a way to steal intellectual property, the Chinese Party-State already has an official government program in place to do just that.

The point of all this cheating is not hard to understand. China wants to capture the emerging hi-tech industries of the future with one goal in mind: to replace the United States as the world’s dominant power.
(Made in china 2025)
This is President-for-Life Xi Jinping’s “China Dream,” and it is revealing that he no longer hesitates to admit it.

The old rule in Communist Party circles was that China should “bide its time and hide its capabilities.” This rule, laid down by Paramount Leader Deng Xiaoping in the 1980s, presupposed that China’s success lay in stealth.

Deng intended that China would quietly gain ground on the reigning superpower, the United States, without alarming it. His rule was carefully followed by successors Jiang Zemin and Hu Jintao.

But the economic malaise of the Obama years convinced many in Beijing that America’s best days were behind it. Believing that China’s time has come, Xi Jinping no longer bothers to bide his time or hide China’s capabilities.

Xi’s openness about his global ambitions tells us something very important: He believes China’s future dominance is virtually a foregone conclusion.

Peter Navarro’s report tells something equally important: That China is engaging in unrestricted economic warfare—violating every agreement on patents, trade, and intellectual property it has ever signed--in order to achieve this goal.

The China threat has become so obvious that even many Democrats support Trump’s tough policies on trade. Even Chuck Schumer, who seemingly never opens his mouth these days except to criticize the president, supports Trump on tariffs. He warns that allowing China's massive stealing to continue will cause "long-term real damage to America."

Actually, as Navarro documents, China has already done an incredible amount of damage to America.

Is there still time to stop the criminal enterprise that is China, Inc., from stealing its way to the top?
http://www.foxnews.com/opinion/2018/06/25/how-does-china-cheat-on-trade-let-us-count-ways.html
 
we are the worlds biggest hypocrites when we discuss cheating on trade

in the 1970's we defaulted on our debt. We promised foreign nations that we borrowed from that our debt was convertible to gold. When those nations realized we were spending far in excess of our ability to fulfill our promises, they called us on our deceit, and we unilaterally ended the agreement we made.

ever since, we import cheap goods and export depreciating dollars. We purposefully inflate/devalue our currency so every nation on earth co-sponsors our excess spending and elaborate lifestyle.
 
we are the worlds biggest hypocrites when we discuss cheating on trade

in the 1970's we defaulted on our debt. We promised foreign nations that we borrowed from that our debt was convertible to gold. When those nations realized we were spending far in excess of our ability to fulfill our promises, they called us on our deceit, and we unilaterally ended the agreement we made.

ever since, we import cheap goods and export depreciating dollars. We purposefully inflate/devalue our currency so every nation on earth co-sponsors our excess spending and elaborate lifestyle.

:lolup:Thinks America should just bend over when other nations prevent fair trade and that way we won't be hypocrites. :rofl2:

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:lolup:Thinks America should just bend over when other nations prevent fair trade and that way we won't be hypocrites. :rofl2:

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American's that think they are being taken advantage of have to be the worlds biggest losers

all the rules our in our favor as we hold the world reserve currency on funny money. Stupid people can excel in America because of our role and exploitation of the rest of the world
 
American's that think they are being taken advantage of have to be the worlds biggest losers

Pretending that trade is FAIR with our trading partners is moronic.

all the rules our in our favor as we hold the world reserve currency on funny money. Stupid people can excel in America because of our role and exploitation of the rest of the world

Please post these supposed "rules" that make everything in our favor. I can wait.
 
we are the worlds biggest hypocrites when we discuss cheating on trade

in the 1970's we defaulted on our debt. We promised foreign nations that we borrowed from that our debt was convertible to gold. When those nations realized we were spending far in excess of our ability to fulfill our promises, they called us on our deceit, and we unilaterally ended the agreement we made.

ever since, we import cheap goods and export depreciating dollars. We purposefully inflate/devalue our currency so every nation on earth co-sponsors our excess spending and elaborate lifestyle.
who gives a fuck?
That's not even on the radar. Try to stick to 21st century concerns.

The Chinese ate our lunch, and now are working on our dinner - trade barriers/cheating has to be addressed
 
What crap. The US corporations moved their industries to China for cheap unprotected labor and no environmental regulation. When they moved manufacturing there, they moved our systems, technology and everything else we spent a century developing. Now we claim they are stealing ? http://www.jiesworld.com/international_corporations_in_china.htm These are your unAmerican companies. They are using their power to end tariffs and trade restraints. They are talking whatever we develop to improve manufacturing directly there. Fact is the future of manufacturing will go to the manufacturers, which is China . Production is where improvements are made.
 
who gives a fuck?
That's not even on the radar. Try to stick to 21st century concerns.

The Chinese ate our lunch, and now are working on our dinner - trade barriers/cheating has to be addressed

Too bad Fearless Leader is so greedy that he can't lead by example and pull his own business out of China.

By the way, what you call cheating, (you sound like a five year old child), others might call a winning strategy.
Stupid parrot.




Zymergy is right, you are a douche bag to address him like that.
 
Too bad Fearless Leader is so greedy that he can't lead by example and pull his own business out of China.

By the way, what you call cheating, (you sound like a five year old child), others might call a winning strategy.
Stupid parrot.




Zymergy is right, you are a douche bag to address him like that.
a winning strategy?
Violating WTO rules and hacking? But if the Russians did that..OH WELL THEN THAT'S DIFFERENT! * hack*
 
who gives a fuck?
That's not even on the radar. Try to stick to 21st century concerns.

The Chinese ate our lunch, and now are working on our dinner - trade barriers/cheating has to be addressed

we are the richest country on Earth - Our population base is fat - nobody is eating our lunch
 
https://mises.org/wire/uns-absurd-measure-us-poverty

This is an interesting article - the major point is how ridiculous the UN is.

But a side point of that article is how well off Americans living in poverty are. Take a look at the square footage and space our poor have compared to other nations.

We are not being exploited. Nobody is robbing us. The opposite is true.

From Article said:
America's poor compare favorably with the general population of other nations in square footage of living space. The average poor American has more square footage of living space than does the average person living in London, Paris, Vienna, and Munich. Poor Americans have nearly three times the living space of average urban citizens in middle-income countries such as Mexico and Turkey. Poor American households have seven times more Housing space per person than the general urban population of very-low-income countries such as India and China.
 
you moron.
you have yet to address any of the FACTS in the OP about TRADE..*freaking dolt*

you are a liar

one fact is that China Cheats.

I pointed out how we cheated as well. We unilaterally ended our agreements. That is a pretty big cheat.

Are you struggling to get by with all the rules favoring us? If so, you are a loser. Sorry if the truth hurts your whittle feelings
 
you are a liar

one fact is that China Cheats.

I pointed out how we cheated as well. We unilaterally ended our agreements. That is a pretty big cheat.

Are you struggling to get by with all the rules favoring us? If so, you are a loser. Sorry if the truth hurts your whittle feelings

:legion:
 
you are a liar

one fact is that China Cheats.

I pointed out how we cheated as well. We unilaterally ended our agreements. That is a pretty big cheat.

Are you struggling to get by with all the rules favoring us? If so, you are a loser. Sorry if the truth hurts your whittle feelings
do you seriously want to talk about currency manipulation?
China has been doing that as well - though not of late. They've been busy with Made in China 2025

I have no idea what the F*** you are yammering on about gold standards or whatever.

Start your own thread about those, this is about CURRENT US-China bi-lateral talks!
 
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