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NAFTA? What about China? [View All]

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polticalpout Donating Member (269 posts) Send PM | Profile | Ignore Thu Feb-28-08 02:07 AM
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NAFTA? What about China?
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I'm hearing about how NAFTA needs to be reformed from both candidates but I haven't heard 1 peep about China and the fact that they have been importing U.S. jobs for themselves. Why haven't I heard them talk about China? Has China become so powerful that the future leader of the U.S. doesn't want to upset them?

The following article (from 2003) states that:

* China's undervalued currency and government investment strategies have caused U.S. jobs to become uncompetitive and shrink

* China is in violation of both its International Monetary Fund and World Trade Organization obligations.

*China subsidizes manufacturers through a wide range of national industrial policies that include unfair tariffs, limits on foreign firms' access to domestic markets, unfair requirements for technology transfer by foreign investors.

-So more here-
http://www.mindfully.org/WTO/2003/China-NAFTA-Challenge19dec03.htm
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