Posted on 05/12/2007 11:55:10 AM PDT by freedomm2
China to buy $4.3B in U.S. technology
A delegation of Chinese business leaders on Wednesday committed to buying $4.3 billion in U.S. technology, hoping to soften a political backlash to the massive trade imbalance dividing two of the world's economic powers. The agreements were trumpeted at a ceremony staged two weeks before the scheduled start of government talks in Washington, where leaders will try to tackle the United States' $232 billion trade deficit with China and other prickly issues. California Lt
. Gov. John Garamendi hailed 27 contracts signed Wednesday as an "important step in furthering the deep relationship between this state, this country and China."
(Excerpt) Read more at businessweek.com ...
Now, if only they would pay for all the technology they've stolen, that would really go a ways to evening up the trade imbalance!!!
Why purchase what they can just as well steal?
Yep. That comment in the article was pure BS. Wonder who Business Week is shilling for?
It depends on what you are buying, but some American things are there. Kodak film was reasonably popular up until the digital revolution, particularly for some business applications.
Campbells soup sells well enough in Japan. Coca-cola does well enough.
What interests me about your statement was "bootleg videos". What bootleg videos did you see and where did you see them? I have done a lot of shopping in Japan and I have never seen bootlegged American videos --- I am not sure who would even to want to buy them without having being dubbed.
Why don’t they buy our nontechnology products to close the trade gap?
Never mind.
china bump
You will come to learn that many on FR hate working class people, hate that they can possibly make more than $12.00/ hr...and definitely hate you if you have benefits.
Reps. Tim Ryan, D-Ohio, and Duncan Hunter, R-Calif., already have introduced legislation that would enable U.S. companies to seek tariffs on Chinese goods in retaliation for its currency policies. Ryan and Hunter sponsored a similar bill in 2005 that made little progress.
Care to name names?
No i don’t.
Figures.
Much easier to just accuse “many Freepers” of “hating working class people” than to actually back up your accusations.
I hit a nerve...sorry...if you don’t feel that way then don’t respond to me....easy enough....or babble all you want...makes no difference to me.
When you fling anonymous accusations against fellow Freepers and refuse to back up your words, I will respond.
It does make a difference to me.
“Ahh, there it is the “Trade good ignoramious, repeat after me Trade with China good, Trade with China good” ubiquity, no matter that the steal military secrets, buy off politicians, and plan on dealing with Taiwan one way or another, if we just buy more stuff, they’ll like us won’t they?”
You have to remember than MNJohnnie’s outlook, like with many supporters of free-trade, is all short-sighted. All he sees is “economic competition” as if there is no other aspect to trading with other nations. He is incapable/unwilling to recognize the long-term military vulnerabilities free-trade policies are creating for the United States, and the increased ability of China’s military to engage ours through financial/industrial/technological investments there encouraged by those same policies.
to buy technology...
you are buying trade secrets not in the public domain and you license technology in a patent. The price you pay is what earnings are anticipated in the future.
just go down to bill clinton’s little rock office,
and the riady family will help you buy technology.
I do business in, and travel to
Malaysia
Indonesia
Thailand
China
India
There IS no free trade
There IS no fair trade
There is only trade, and I am trying to do my part to advantage America. Most Americans don’t have a clue as to how trade works. It s not their fault, as you have to be there to understand reality.
Well, we sold tons and tons of scrap metal to Japan in the 30’s and it came back to us in the form of Japanese zeros and bullets... This time it will come back to us in the form of much more deadly weapons.
***Good place to bump this thread, will read up later. Note that Duncan Hunter is the only republican pres candidate who has a coherent trade policy with China that would prevent such disasters.
” Most Americans don’t have a clue as to how trade works.”
Yep. Their knowledge doesn’t extend much past their iPod.
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