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“The U.S. Chamber of Commerce, the U.S. China Business Council, the European Union Chamber of Commerce in China and the American Chamber of Commerce in China all lodged complaints within the last few weeks.
The U.S. Chamber said in a report released on Monday that China’s use of its six-year-old antimonopoly law has been subjective and that enforcement agencies have skewed its implementation to favor China’s own industrial policy and local companies. It said that discrimination “arguably violates commitments that China undertook when it acceded to the World Trade Organization.”
Comment:
The western leaders sold us out at the beginning of globalization. The alleged plan was China would eventually get wealthy enough with our western manufacturing jobs, and then RECPRICATE.
So far it looks like the Chinese leaders do NOT want to sacrifice their people. Will they succeed? Maybe not. None of our leaders did.