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RE: [chinese-332] U.S.-China Economic and Security Review Commission - 2008 Annual Report to Congress

From: Sue G.
Sent on: Wednesday, November 26, 2008 1:51 PM

First of all, this is not political forum. We can all get heat up on different political stands. Our goal is learning Chinese and Chinese culture. But I do think some healthy debate won’t hurt.

 

Regarding the media painting negative picture of other nation, all countries do, not just USA. Are we tired of rest of world including Chinese media only focus what’s bad in the USA? Despite all the foreign aid and the humanitarian organizations help from the US, foreign media including Chinese media tend to pick on USA from head to toe. Grew up in China I remember USA always appears as “big bad guy” in the media, USA was the source of all evils blah blah. Even now Chinese forums still dominated by this view of USA despite the massive interaction between the two countries.  When it comes to media, one is dark, another one is darker, no innocent here.

 

Regarding restrict what asset other nation can buy, I do agree with US government on this policy. We can’t just sell off our asset for money, just like China won’t sell the Great Wall, the Forbidden City to other nation no matter how broke the country gets.

 

Despite both government has flaw on its own, I am more proud of Chinese government if I am Chinese citizen. China may not has much human right(according the America’s standard) but at least the government’s goal is building a stronger nation, she did a great job and continue moving forward aggressively and quietly. USA government is way too generous and has way too much obligations to the rest of the world. We have trillion in trade deficit Bush still push for free trade, sign up 8 trillion unfunded prescription drug deal, national debt from surplus to 12 trillion and still on the rising, needless to say the war on Iraq is the most irresponsible and the most costly war ever in US history. Before the bailout, every US citizen bear $170k federal debt. It’s time for America to learn how to live within our means before we put too much debt to our future generations. Paulson’s new extra 800Billion consumer bailout will dig a deeper and bigger hole for US. The congress accused bank don’t lend money after they got the bailout fund, why these congressman can’t figure out something so simple: those who need credit already max out their current capability, give them more credit will ease immediate pain but do more harm than good in the long run. Not only that, encourage consumer spending will end up push trade deficit higher.  America’s greatest enemy is not Al Qaeda, nor China or any anti-Americanism country, it’s our own, a nation that lack of long term vision of the country, special interest group override national’s interest, a consuming-driven society that lives like there is no tomorrow. Terrorism eventually will fade away if we have proper foreign policy. Chinese just simply receives tremendous benefits from Bush’s disastrous policy.

 

I love both countries, I don’t defend neither government’s action that I don’t agree. USA is no longer the democrat country we used to proud of and admire for during Bush’s term. The government no longer represent majority’s interest and even not put national interest first. USA government under Bush is ideology driven, Chinese government is practical and profit driven. Neither government put their citizen first, the difference is Chinese government is getting better and more capable to take care her own people, but US government is getting worse and weaker as a nation – hopefully Obama can reverse some. I just hope Paulson didn’t hand out billion dollar bailout money like candy and Bush don’t create more mess before Obama swan it.

 

Obama has some right ideas for the economic, but he didn’t tackle the fundamental problem which is this country gut out massive manufacture base to oversea, as well all the jobs. I remember so vividly when my Chinese friend visit USA, they want to buy something as gift bring back to China. Guess what, literally everything is Made in China. As a nation we fail miserably to gain fair share of the world market, we even lost ground on our own soil, look at the big three, wall street gets hundreds billion effortless, but Detroit has to kneel down to beg for a fraction of AIG’s money – they even didn’t get it, that’s how we treat our nation’s last manufacture that hires over 3 million work force. The Korean and Japanese willing to pay more money to buy domestic made product and they are dawn proud of it but American doesn’t. If we don’t support each other we will fail as a nation.

 

Let’s stop pointing finger to China and get our act together. America’s future is on American’s hand,  everyone should get involve to hold our elected politician accountable for the decision they made for this country.

 

Happy holiday

 

Sue

 

 

From: [address removed] [mailto:[address removed]] On Behalf Of Cynthia
Sent: Wednesday, November 26,[masked]:44 AM
To: [address removed]
Subject: Re: [chinese-332] U.S.-China Economic and Security Review Commission - 2008 Annual Report to Congress

 

I am not surprised that the report came out with so many biased opinions rather than facts. 

 

About China's $2 trillion foreign exchange - watch a documentary called "China Blue",  a Chinese factory owner charges $4 for a pair of jeans including materials and labor, so their profit maybe $1 a pair at the most, so whoever they exported to - Levis or Walmart, and its middle man are making the difference ranging from $10 to $100 for a pair of jeans, depending on how much, we consumer, are willing to pay in Walmart or Levis retail shop. Corporations, for their nature of profit driven, and profit driven only, would go any place to exploit the cheapest resources and labor that's available, if its not China, it will be somewhere else, as a matter of fact, you are seeing the trend going to Vietnam already. And when we say we have a free market, the Chinese would love to spend some USD to buy some assets in the US, however, every year, the US government only allows two purchases - Boeing planes and agricultural products, if you want to know the best business to invest in North Carolina, this is not a joke - hog farms, North Carolina farmers can't sell their pork fast enough to Chinese. Also if you remember how Washington shot down the Unical deal with the Chinese oil company. 

 

 "Rather than use this money for the benefit of its citizens—by funding pensions and erecting hospitals and schools, for example--China has been using the funds to seek political and economic influence over other nations..."

 

I wonder if Mr. Wortzel has been to China recently and I wonder how on the earth he could say that after his commission convinced Congress to use US taxpayers' funds to seek political, economic and MILITARY influence over other nations who have huge oil reserve rather than funding pensions and improving quality of medical care and education, not to mention eventually printing 700 billion USD (which means our dollars will devalue in about six months in circulation, around Feb 2009) to give Wall Street bankers more money who have already made millions of dollars from taking highest risks, e.g. leverage ratio up to 1:100, without being held responsible for what they messed up. 

 

Regarding Darfur, if you are curious why US media has so much interests in Sudan and why Chinese is being criticized -  here is a hint - Darfur has a larger oil reserve than Saudi Arabia and Chinese have been working with Sudanese to build refineries for over ten years. 

 

 

About prison labor, all the military uniforms our soldiers wear in Iraq were made by prisoners in the US and they did get paid, about 1 penny an hour. Its probably true the Chinese prison labor get paid even less. 

 

Its not that I agree with what the Chinese government do in every single aspect, but I am tired of the negative attitude towards the Chinese and some other nations - even when they spent tons of money to have a spectacular olympics games trying to establish a more positive image from their own fault in 1989, what stayed with us, thanks to the media, is the lip syncing and underaged gymnasts, I watched the opening ceremony here in the US and finished watching it in China, I have to give the Chinese government the respect they deserve - they did a great job. It is a shame that a nation, in order to protect its interests, would do anything to keep people misinformed rather than improving the humanity and genuinely care for the well being of its people. I truly feel sorry for nations like Iraq, Iran, Venezuela, Sudan... it's not a blessing to have natural resources. 

 

 

 

 

 

 

 

 

 

 

 

On Tue, Nov 25, 2008 at 9:36 AM, margaret <[address removed]> wrote:

There are several surprising facts in the report especially the theoretical Hong Kong effect as a major cause of a trade imbalance. As if the Chinese were inept record keepers or accountants. This report did come out at a time when the US dollar is in a record devaluation -almost as quickly as the Chinese currency during the years of a US supported Chiang Kai Shek and as he disappeared with a lot of money. I think that the US can not compete  because for every worker there are 8 managers and for the Chinese there are 8 workers for every manager. Add to that a country that is increasingly isolated from the rest of the world (US) as well as increasingly unresolved social problems and there is no question that as much as the US and China may trade ,the US keeps coming up with the wrong solution to the trade imbalance.


From: [address removed]
To: [address removed]
Subject: [chinese-332] U.S.-China Economic and Security Review Commission - 2008 Annual Report to Congress
Date: Mon, 24 Nov[masked]:27:27 -0500

 

Here is the latest US Government view on stuff coming from China

 

 

Despite the negative elements in the report, the US Chinese relations have improved, and it probably better than ever. Maybe the report is also trying to limit the Chinese stuff, so that the US can better sell their own stuff.

 

The discussion is open!

 

Xie xie,

Thomas

 





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