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China Gets Caught Slapping Fake “Made in Vietnam” Tags on Products to Avoid US Tariffs
GP ^ | June 17, 2019 | Jim Hoft

Posted on 06/17/2019 3:44:25 PM PDT by Hojczyk

Edited on 06/18/2019 6:28:15 AM PDT by Sidebar Moderator. [history]

Vietnam said on Sunday that it found dozens of fake product-origin certificates and illegal transfers by companies trying to sidestep U.S. tariffs on everything from agriculture to textiles and steel. It was one of the first times an Asian government has publicly alleged such misbehavior since trade tensions between the world

(Excerpt) Read more at thegatewaypundit.com ...


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: china; trade; vietnam
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1 posted on 06/17/2019 3:44:25 PM PDT by Hojczyk
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To: Hojczyk

Vietnam is standing up to China. Good for them. This is the time to stand up to China before China steals everything immediately offshore of Vietnam.


2 posted on 06/17/2019 3:50:59 PM PDT by MeganC (There is nothing feminine about feminism.)
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To: Hojczyk

What a surprise.


3 posted on 06/17/2019 3:51:39 PM PDT by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
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To: Hojczyk

4 posted on 06/17/2019 3:54:17 PM PDT by nickedknack
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To: wastedyears

I’m shocked!


5 posted on 06/17/2019 3:55:11 PM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: MeganC

Vietnam remembers the chinese invading. The Vietnamese beat the chinese army back. They are not friends.


6 posted on 06/17/2019 4:01:46 PM PDT by Magnum44 (My comprehensive terrorism plan: Hunt them down and kill them)
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To: Hojczyk

They have been doing this type of “rigging” forever. I am in the tire business and know people who have witnessed the Chinese changing the date code stamp when inventory ages. Hilarious.


7 posted on 06/17/2019 4:03:22 PM PDT by GeoPie
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To: Hojczyk

A week or so back, I read that famous investor Kyle Bass was pessimistic on a US/China deal. His view was, “How can you deal with a nation of cheaters?”

I filed it away at the time (every nation has cheaters, for some its more public policy than others), but this incident definitely brings it to the fore.


8 posted on 06/17/2019 4:08:54 PM PDT by Pearls Before Swine
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To: Hojczyk

[Vietnam also alleged that some Chinese exporters had been illegally re-routing orders to Vietnam since the Trump administration hiked tariffs on $250 billion of Chinese goods from 10 percent to 25 percent last month. The government cited an example of U.S. customs officials uncovering Chinese plywood being shipped to America through a Vietnamese company. ]


I expect Chinese businessmen will be thrilled to move their production out of China. Getting their money out of the reach of the Communist Party is reason #1. Reason #2 is labor costs 1/4 of China’s in Vietnam. Their problem is capital controls. I have heard that a lot of Hong Kong’s function involves finding ways for Chinese businessmen to evade Beijing’s efforts to prevent domestic capital from leaving the country. While you could call that money laundering, the question is whether this term really applies when the government in question is basically a murderous kleptocratic gang ready to steal your money for any or no reason.


9 posted on 06/17/2019 4:09:49 PM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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To: Hojczyk
This certainly indicates China's desperate for trading dollars and Trump's negotiating tactics are having an effect on the Chinese Leadership ...

Keep squeezing Mr. President!!!

10 posted on 06/17/2019 4:16:50 PM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: MeganC

The Vietnamese have a very old grievance with the Chinese and hate them.


11 posted on 06/17/2019 4:42:35 PM PDT by Blood of Tyrants (Where does it say in the Constitution anyone is entitled to the property another has labored for?)
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To: All

Ancient Chinese secret


12 posted on 06/17/2019 4:44:06 PM PDT by escapefromboston (Free Assange)
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To: MeganC

“Many businesses are already shifting their facilities to Vietnam in order to avoid the tariffs.”

Many predicted this, but not quite so quickly.


13 posted on 06/17/2019 4:45:08 PM PDT by Blood of Tyrants (Where does it say in the Constitution anyone is entitled to the property another has labored for?)
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To: Hojczyk

Were the tags made in Vietnam? No problemo.


14 posted on 06/17/2019 4:46:43 PM PDT by rawcatslyentist ("All that is necessary for evil to triumph is for good men to do nothing")
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To: Hojczyk

Make the tariffs 10% higher.


15 posted on 06/17/2019 4:59:06 PM PDT by TigersEye (This is the age of the death of reason.)
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To: Blood of Tyrants

China likes to bully smaller countries around the world, but particularily ones that are close.

I suspect many in those countries see President Trump as their last, best, hope to stand up to the Chinese bully.


16 posted on 06/17/2019 5:02:28 PM PDT by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: marktwain

China tried to invade Vietnam in 1979. It was a nasty war before the Chinese were repelled. The Vietnamese HATE the Chinese so much that they would not ally with them during the war with the US.


17 posted on 06/17/2019 5:26:14 PM PDT by Blood of Tyrants (Where does it say in the Constitution anyone is entitled to the property another has labored for?)
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To: Pearls Before Swine

Kyle Bass has been shorting HK and China for a decade. Eventually he’ll be right. He just underestimated the time it would take for the great lie to unwind. Would have been never if Trump didn’t get elected.


18 posted on 06/17/2019 5:58:26 PM PDT by mindburglar (Stupid is supposed to hurt. - Lurkers Granddad.)
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To: mindburglar

I have heard of china shipping stuff through Taiwan and label the stuff Made in Taiwan from some fiends there in Taiwan.
Ever buy a product labeled Assembled in California? Guess where it was made and one screw or something added?


19 posted on 06/17/2019 6:22:18 PM PDT by oldasrocks (Heavily Medicated for your Protection.)
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To: GeoPie

pardon my rant, your comment about cheaters pertains.

Chinese students should not be allowed in US University STEM programs.

IP theft is real, however espionage driven IP theft is being accomplished at an alarming rate w significant damage to the USA’s future. But there is a third trail of IP theft that is seldom mentioned, this IP theft is initially at US university research labs where successful processes and technologies eventually became start-up companies.

Most US university research result in dead-ends through no fault of the researchers, its research. But that is the source of my rant, Chinese students are the platinum standard of campus cheaters. Seldom is there a class w only one or two Chinese students, 4-6 is standard size for group cheaters. In STEM programs there could be 2 or 3 Chinese groups cheating. Don’t get me wrong, Chinese students attend classes, learn and study as well as any student, but they have ways to cheat that a thesis could be written on. Not that most universities care about Chinese cheaters, the Chinese students pay full tuition, funding and donations by the CCP (Chinese Comm Party) to upgrade or build new labs or tech is numerous and in $$$ millions. The group cheaters are given preferential access to class selections to maintain group continuity. This is done under the guise of cultural stress if group continuity is lost. How sweet and understanding we in the West are.

Seldom do Chinese students major in fluff programs, no middle Euro art or 16th century architecture majors. Most are in STEM (sci-tech-eng-math) programs at major universities, these are the majors that get the students into the CCP or move them up the CCP hierarchy when they return to China. Most Chinese STEM students are vying for entrance into Masters Programs w the ultimate goal of university research centers and labs. Remember, most Chinese students are platinum level cheaters and didn’t earn their access into university research centers and labs on their own. But CCP donations and the universities’ love for diversity is paramount.

This is where espionage driven IP theft weave with university research centers and labs that provide a roadmap to find what needs to be stolen. Start-up companies that spin off from the research centers and labs are the most viable to result in commercial or military usage and success. Also provides easier espionage hacks into the start-ups early which is when they are most susceptible. As a start-up prospers and collaborates w or swallowed up by major corporations, the roadmap Chinese researchers provides the agents of espionage with the intellectual property “DNA” they need to find and steal. IOW, major Corps have 100s of millions of files stashed on their networks, having the “DNA = keywords or formulas or recipes or directory titles” can significantly simplify the theft and reduce detection of their incursion.


20 posted on 06/17/2019 6:45:08 PM PDT by fastrock
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