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Strategies & Market Trends : China Warehouse- More Than Crockery
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To: RealMuLan who wrote (2016)12/16/2003 1:34:03 AM
From: RealMuLan  Read Replies (1) of 6370
 
Tug-Of-War Over Trade
As China becomes the world's factory, U.S. manufacturers are getting hurt. Do the Chinese play fair? The answer is more complex than you might imagine

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The fact is, while all countries engage in trade practices that aren't always legit (example: U.S. steel tariffs, which were lifted only two weeks ago after 20 months), China is not a particularly egregious trade cheat. China is far more open to foreign investment and imports than Japan was during its boom years in the 1980s. Few countries have embraced globalization at greater risk. The shutdown of inefficient state-owned plants has cost China tens of millions of factory jobs, with more to go.
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time.com
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