MU, and everybody else. If China is the big threat militarily in the future why do they still have MFN status? Especially since they refuse to revalue their currency. This is akin to selling high grade steel and oil to Germany and Japan in the 30's. It makes no sense.
Ask the Definition of Treason, Bill Clinton, and the pointy-headed serial-screwing ex-Speaker of the House, Newt Gingrich.
THEY jammed MFN/PNTR through for Red China.
"MU, and everybody else. If China is the big threat militarily in the future why do they still have MFN status? Especially since they refuse to revalue their currency. This is akin to selling high grade steel and oil to Germany and Japan in the 30's. It makes no sense."
Because, Bill Clinton set things up for China to obtain MFN status. The powers that be, want this to take place. Let us remember that both sides of the political ideology signed on for this to come to be. Call it appeasment, or whatever. I do not have a balanced view as to why it came to past. China surely has become a power player in recent years because of it's tranformation into a high tech nation. We can no longer just brush them aside. So I guess as usual, the POTUS and both houses of congress will attempt methods of appeasment,
knowing all well that this never works. As we all know China has from day one practice a communist philosophy that dictates world domination through world wide revolution. Unlike the Russians that argued with the Chinese for years that revolution could take place from within a single or group of nations, the Chinese believe truly in world wide revolution. So unless "inwardly" they have modified their stance on this issue, It just seems to me that we are in a real pickel on this one item alone, regardless how benign they may appear in any given stage. We simply are setting them up to dominate world commerce in many respects. At least that is my humble somewhat un-educated opinion.