mysaug

Does China Truly Offer an Alternate Economic Model?

Biggest problem for rest of world is China's model does not lend itself to fair trade, China is not living up to its WTO commitments. China continues to protect markets where they are non-competitive , and only gives market access if companies build a plant in China or worse have to partner with a local company . This domesitc content is not allowed under WTO and new adminstration needs to hammer China over these policies. They tey to justify it based on need for jobs for stability; however, that is problem for all countries now and abiding by WTO committments come first. Growing unemployment in China is not our problem.