You are welcome. The reason I posted that article was because I think one should know both sides of the argument, and then make your own judgement. BTW, Canada, as well as Japan and others, also has the same kind of problem with the US trade.
Who get the profit? The US companies, of course. Like that doll story, China makes about 35 cents on each doll, and US company will make $7.99 -(transportaion+tariff) assuming if the doll is sold at $9.99. This goes with all kinds of electronics, most of them are very labor intensive. Talking about the slave labor, you have no idea how those joint ventures companies in China set up the quota for the assembly line workers. Most of those poor farmers' girls have to work 10-12 hrs. a day just to finish their daily quota otherwise they won't get paid.
Since 70 per cent of China's exports are manufactured with imported parts and materials, including from the US, China actually receives the blame for many other countries and regions, because all these imports will be counted as exports from China for the US.
Chinese currency is not hard currency. So there is no way for China to meet the US trade balance.
Best regards.
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