"China cheats – it openly flouts trade laws – and routinely denies it. It restricts access to its markets, forces companies that want to sell in China to transfer technology and manufacture there, and then often steals the technology. It purposefully underprices its currency to keep the down the price of its exports. When it targets an industry as strategic, it employs a range of subsidies, directed procurement, and trade maneuvers to capture market share.
"China cheats and everyone knows it..."
Recommend this post