Those “GM” cars sold in China, are not made in America.
Because the Chinese market is not open.
China insisted the cars sold in China, be made there.
Which country, America or China, is now doing ever better in trade and manufacturing?...
Hmm?
How’s that “free trade” thing working out so far?
http://www.youtube.com/watch?v=RR1fDL7x1Sg
Wake up people.
Of course, when a foreign firm opens shop up in the U.S., the protectionist retards yelp that “the profits are going overseas.” So what’s it gonna’ be?
“China insisted the cars sold in China, be made there.
Which country, America or China, is now doing ever better in trade and manufacturing?.”
On this particular score, you make a very good point.
What should be done, with respect to the manufacturing conditions that China insists on with foreign manufacturers?
We can impose two conditions on China.
Matching conditions in China, “Chinese” manufacturers, seeking sales in the domestic U.S. market, could be required to move their operations to the U.S., in “joint ownership” ventures where the U.S. partner has 51% or more of the principal ownership rights.
But, out of respect for our domestic “free market” economy, those “Chinese” manufacturers would be required to NOT have any element of the Chinese government as owners, part-owners or in any aspect of controlling, operational interest in the company.
We would either massively reduce Chinese imports, or force even more “liberalization” of their economy; but at least “free trade” would be “more equal” trade, more balanced trade.
Everyone seems to have forgotten that the APTA agreement between Canada and the U.S. has been in existence since 1965 and nobody seems to have a problem with that....