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To: WilliamofCarmichael

Lilley was right. US exports to China are up 265% since 1999. US imports from China are up 240%, so US exports to China have in fact grown faster than US imports from China.

http://www.whitehouse.gov/cea/mankiw_testimony_house_ways_and_means_oct_30.html

This is a piece from the CEA about the US trade picture, so you can get some useful context for your views of Chinese trade practices.


307 posted on 04/19/2005 1:04:12 PM PDT by babble-on
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To: babble-on
Thank you for the link. I've been looking for some positive info besides "cheap" goods and the faith that the Chi-coms are converting to free market "capitalists" with freedom, liberty, and justice for all.

I am not being sarcastic. Some do believe (hope for) that.

I hope you are willing to look at such things as intellectual property theft (one example is the Chery automobile stolen from GM) and the requirement to transfer technology to Chinese state-owned enterprises "partners" in order to do business in China.

I have posted several times the possibility that "socialism with Chinese characteristics" and their path to socialism via controlling the free market could get the Chi-coms slapped silly by the Invisible Hand.

I became a "news junky" shortly after Mao's "agrarian reformers" took over China. I remember every "great leap" upon the backs of tens of millions of Chinese killing them.

When it comes to the Party keeping the Invisible Hand under control I think the Party can do it no matter how many lives it costs. That's just my opinion.

310 posted on 04/19/2005 3:31:37 PM PDT by WilliamofCarmichael (MSM Fraudcasters are skid marks on journalism's clean shorts.)
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