China Vows Sanctions Against US Companies Will Go Forward

[Purveyor]

Source: VOA

The rift between China and the United States looks far from healing as Beijing reiterates its plan to punish U.S. companies following disagreements between the two countries.

Beijing's anger at Washington over a range of issues from arms sales to Taiwan and the U.S. president's meeting with Tibet's exiled leader the Dalai Lama, showed no signs of abating Tuesday.

Foreign Ministry spokesman Qin Gang reaffirmed punitive sanctions against American companies would go ahead, because of U.S. arms sales to Taiwan. In addition, China is angry over U.S. positions on a number of issues, including trade, human rights and allegations of Chinese cyber-attacks on U.S. organizations.

He says it is up to the United States to heal relations.

Qin says that China demands that the U.S. seriously regard China's position and take credible measures to undo the damage done. And, he says, sanctions against U.S. companies will go ahead.

Read more: http://www1.voanews.com/english/news/asia/China-Vows-Sanctions-Against-US-Companies-Will-Go-Forward-85033262.html

[Tim01]

1. Then by god we should tax all that shit coming into our country. nt

[nc4bo]

2. Who has money to even buy that shit?

Most of it is cheap, some of it is poisonous and it's all usually poorly made crap.

And Boo-fricking-who about the sales of arms. Can't China be accused of doing the very same thing?

Just too much hypocrisy and BS being tossed around for me.

[mod mom]

3. Or better yet....

ban them and bring the jobs back to the US:

As More Toys Are Recalled, Trail Ends in China

http://www.nytimes.com/2007/06/19/business/worldbusiness/19toys.html


China contaminated milk formula scandal puts babies at risk in other countries

http://www.timesonline.co.uk/tol/news/world/asia/article4790866.ece


Tainted drywall from China is driving owners from their homes
A toxic substance is suspected of causing corrosion, health problems, and foul odors, bringing lawsuits and calls for government action.


http://www.csmonitor.com/USA/2009/0404/p99s01-usgn.html


China grapples with food contamination credibility crisis

http://www.nytimes.com/2007/05/17/business/worldbusiness/17iht-trade.4.5758498.html


Children's jewelry from China...First poisonous Lead and now more dangerous, Cadmium

http://www.examiner.com/x-26390-Fort-Worth-Kids-Nutrition--Exercise-Examiner~y2010m1d27-Did-you-throw-out-low-priced-childrens-jewlery-from-Chinait-is-dangerously-toxic

[Tim01]

4. A ban is not at all realistic. Taxes would make our products more competative. nt

[loudsue]

5. It SHOULD be realistic. Banning U.S. Co's from shipping manufacturing jobs to China

is similar to what Obama was elected on....he said he'd quit giving tax breaks to companies who shipped our jobs overseas...which of course he didn't do.

If we don't stand up to China now, it's going to get worse as they get stronger financially and militarily. They already chastized the Bush government for allowing the news to report on how Chinese goods were poison. The head of their financial ministry told the bush administration they needed to have better "control" over their people.

China's government is the worst of the worst. It's time to quit trying to be more like them, like the republicans and Clintonistas would love for us to do.

[Selatius]

9. One could simply require that companies apply for licenses to export manufacturing equipment.

If they want to move machinery of that sort overseas, then they should apply for licenses to do so, much in the same way US defense contractors apply for licenses to export weapons to foreign countries. The US could simply restrict the number of licenses given or even deny 100% of all applications.

To address the flipside of the coin, one could also require that foreign companies wishing to do business inside the US must be required to do business in partnership with an American company. This, to help keep profits inside the US.

There are ways of protecting domestic industry without resorting to tariffs. You just have to think of ways of doing it that don't legally qualify as a tariff.

[loudsue]

11. I agree.

The relationship with China needs to continue with a realistic view of their government as a whole, and not just a money-making opportunity for a few U.S. manufacturers and WalMart.

[yodermon]

6. could the start cashing in their treasury notes as a retaliatory move?

or would that backfire on them.

[treestar]

7. this is almost good, since it could motivate those companies to move

back here - they had to know China was a totalitarian regime, They may pay the price of their actions by trying to do business there.

[BumRushDaShow]

8. I expect they still like their "MFN" status though, so..... ;-) n/t

[davidwparker]

10. China, bite me. Really. I _try_ to buy as little of the products made in your

country as I can,

Here's to a full-on trade war of your cheap crap. :toast:

Put Americans back to work.

[anonymous171]

12. I DECLARE A TRADE WAR! BRING IT MOTHERFUCKERS!

[No Elephants]

13. Seems like kabuki. I wonder what is really happening?

[Romulox]

14. LOL. I don't buy this for a second. Our President is committed to (one way) "free trade" w/ China.

Remember when he took human rights "off the table" in our discussions with China? :hi: