Author: ceciliazhang

Why would Trump's delegation present demands that no country would accept? [Copy link] 中文

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Post time 2018-5-13 00:04:15 |Display all floors
1626548377 Post time: 2018-5-12 06:34
Once again you not shy to show your ignorance on the forum

Meaning of free trade: international ...

You are the charlatan!

The No. 1 problem is the theft of US business secrets and technology by Chinese companies. China doesn't want to be the manufacturer of cheap shoes and shirts forever. It wants to go head-to-head with the US in the high-tech economy. China is doing everything it can to catch up.

Chinese companies has illegally steal over $200 billion worth of American business secrets (known as intellectual property) each year, according to a bipartisan commission report from 2013. The Chinese try to copy movies, electronics and software and churn them out at a cheaper rate.

Over 2 million jobs would return to America if China had laws to protect business secrets like the US does, the report from the Commission on the Theft of American Intellectual Property concluded.

The Chinese government has also heavily subsidized certain industries, something that is against the rules of the World Trade Organization, which China joined in 2001. A scathing report from the Information Technology and Innovation Foundation, a US think tank, details how China's government plans to pump $100 billion into the Chinese semiconductor industry and restrict US imports. Foreign companies that play by the rules can't compete with that kind of government intervention.

In addition, China has purposefully kept its currency, at a very cheap level. That makes Chinese goods inexpensive for customers in the US, Europe, Japan and elsewhere.

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Post time 2018-5-13 00:20:55 |Display all floors
Boston101 Post time: 2018-5-12 08:04
You are the charlatan!

The No. 1 problem is the theft of US business secrets and technology by Ch ...

Where did you steal this blurb from. Obviously you didn't write it.
Isn't copying and pasting western propaganda stealing from those who actually wrote the propaganda in the first place?

And you forget the biggest thief of intellectual property occurs in the USA from agreements employees
have to sign before they can even be considered for a job in the high tech world.
The inventor of the artificial diamond got a $10 savings bond from General Electric for his efforts
while General Electric gained billions of dollars from this invention.
If capitalism promotes innovation and creativity then why aren't scientists and artists the richest people in a capitalist nation?

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Post time 2018-5-13 00:30:42 |Display all floors
robert237 Post time: 2018-5-12 11:36
More so than the USA.

Intellectual property (or IP) theft costs the US economy as much as $600 billion per year globally, with China accounting for most of that, according to ‘The Commission on the Theft of American Intellectual Property’, an independent research group headed by Dennis Blair, who was director of national intelligence under President Obama, and Craig Barrett, former Intel CEO. Sure the Americans get something for that $375 billion—namely, cheap goods that would probably cost more if we bought them from someplace else. However, Intellectual property theft is simply lost wealth, which compounds over time as China uses gained knowledge to become a tougher competitor.

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Post time 2018-5-13 00:32:09 |Display all floors
These US folks thought it was a century ago that its old NATO gangsters could just walk in, butcher and make demands !  Fortunately, they were proven wrong in modern China. It is also another sort of lesson that China needs to pick up, sharpen up and align its focus on worldly affairs. Relying heavily on foreign contents like ZTE ( naively ) is proven to be a bloodied hiccup and shortsightedness.

It is said, " if being pushed too hard, just shove it ". China has the vibrant energy of its population, thousands years of wisdom building and developed muscles to endure and fight on like champions do. FEAR THEM NOT !


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Post time 2018-5-13 00:38:39 |Display all floors
1626548377 Post time: 2018-5-12 06:34
Without special taxes on the goods bought from a foreign country. Doesn't that sound a bit trumpy  ...

Trump is stopping Chinese cheating.

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Post time 2018-5-13 00:44:22 |Display all floors
1626548377 Post time: 2018-5-12 06:34
Once again you not shy to show your ignorance on the forum

Meaning of free trade: international ...
Instead of Chinese companies and individuals buying American products or investing in private American capital, the Chinese regime is printing money to buy the US$100 earned by companies that are often state-owned and then putting this money into US Treasury notes.

This interference in the marketplace has several major effects on the naturally balancing force of competition and free trade.

The Chinese exchange rate is artificially lowered because the central bank is printing money to buy the dollars from state merchants, driving up the price of the dollar. This makes American products less competitive in two ways.

First, it lowers the Chinese exchange rate, making foreign products more expensive. Second, it artificially stimulates economic activity and investment in China through lower interest rates, creating excess capacity and making Chinese products even cheaper than they normally would be just because of cheaper wages alone.

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Post time 2018-5-13 00:47:51 |Display all floors
robert237 Post time: 2018-5-13 00:20
Where did you steal this blurb from. Obviously you didn't write it.
Isn't copying and pasting west ...

Why is that IP theft when you are employed with a company and pays you wage?

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