A few months ago, Donald Trump played the "China card" and the crowds loved it. He was basically blaming the Chinese for taking advantage of our leaders.
GOP candidate Mitt Romney is now talking about China, too:
"China is a case in point. Having embraced free enterprise to some degree, the Chinese government and Chinese companies have quickly divined the benefits of ignoring the rules followed by others. China seeks advantage through systematic exploitation of other economies. It misappropriates intellectual property by coercing “technology transfers” as a condition of market access; enables theft of intellectual property, including patents, designs and know-how; hacks into foreign commercial and government computers; favors and subsidizes domestic producers over foreign competitors; and manipulates its currency to artificially reduce the price of its goods and services abroad."
Is this just presidential election rhetoric or what?
I remember Bill Clinton hitting the first Bush administration in 1992. He changed in office and went on to expand trade with China.
Frankly, I'd wish that we beat China by turning the US into the best place in the world to invest and manufacture. We can do that by encouraging more manufacturing here and revising our sick tax code.
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