The following is an interesting article from The Wall Street Journal I would like to share with my readers.
Chinese Companies: No Longer Darlings
10/06/2011 00:18 | NASDAQ OMX Group, Inc.
By Dinny McMahon
BEIJING — China MediaExpress Holdings Inc. once seemed like a small gem among a heap of Chinese companies listing shares in the U.S.
Boasting rapid growth and big [...]
I have not been able to notice anything we have done as a country to preserve American business entities within the United States of America. Our President is busy running around the country campaigning for 2012. Instead he should develop a plan to bring our manufacturing facilities home. It would not take much; a few decisive actions would [...]
How is our foreign policy doing? Based on the following article from the London Daily Telegraph we need a different approach to our foreign policy. This article points out some of our problems.
LONDON DAILY TELEGRAPH
The American Press has been reporting that since the Royal Wedding was not a state occasion, the only dignitaries invited were those representing [...]
Several of our last few posts have been about the growing trade deficit with China and Japan. Both countries apply Mercantile trade policies which encourage exports and discourage imports to their countries.
While the United States sticks to its free trade policies, China, Japan and other Asian countries use Mercantile practices that [...]
China and Japan are destroying American manufacturing. The World Trade Organization WTO has rules about international trading that attempt to make free trade fair. Those rules prohibit many of the practices which are commonly used by China and Japan. For example, China’s currency is undervalued by 20% to 50%. Both countries [...]
This question is too easy! Answer: China
When you look at the balance of trade with China, they are clobbering the U.S. The number of manufacturing firms who have left the U.S. over the last decade is over 26,000, and the estimated number of jobs lost is estimated at 500,000 a year.
Where did [...]
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