Summary:
US declares economic war on China. “The sheer scale of their coordinated efforts to develop their economy, to subsidize, to create national champions, to force technology transfer, and to distort markets in China and throughout the world is a threat to the world trading system that is unprecedented,” Lighthizer said. “We must find other ways to defend our companies, workers, farmers, and indeed our economic system,” he implored. “We must find new ways to ensure that a market-based economy prevails.” Asia TimesChina represents ‘unprecedented’ threat to world trading system, says US trade czar Asia Unhedged
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Mike Norman considers the following as important: Free Trade
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US declares economic war on China. “The sheer scale of their coordinated efforts to develop their economy, to subsidize, to create national champions, to force technology transfer, and to distort markets in China and throughout the world is a threat to the world trading system that is unprecedented,” Lighthizer said. “We must find other ways to defend our companies, workers, farmers, and indeed our economic system,” he implored. “We must find new ways to ensure that a market-based economy prevails.” Asia TimesChina represents ‘unprecedented’ threat to world trading system, says US trade czar Asia Unhedged
Topics:
Mike Norman considers the following as important: Free Trade
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“The sheer scale of their coordinated efforts to develop their economy, to subsidize, to create national champions, to force technology transfer, and to distort markets in China and throughout the world is a threat to the world trading system that is unprecedented,” Lighthizer said.
“We must find other ways to defend our companies, workers, farmers, and indeed our economic system,” he implored. “We must find new ways to ensure that a market-based economy prevails.”Asia Times
China represents ‘unprecedented’ threat to world trading system, says US trade czar
Asia Unhedged