It's kind of shocking, when it comes to how irresponsible it is. It's emblematic of a desire to, essentially, increase corporate power.
The Case for Fair Trade
… Chinese trade aggression include high tariffs and nontariff barriers, currency manipulation, a heavy reliance on sweatshop labor and pollution havens, the dumping of unfairly subsidized exports, and widespread counterfeiting and piracy: … - page 783
… In addition, Communist Chinese enterprises benefit from - 11577 In addition, Communist Chinese enterprises benefit from preferential policies that have burdened world markets with subsidized overcapacity. The … - page 783
… blank line - 11578 Chapter The Case for Fair Trade Page number 783 … blank line - 11578 … - page 783
… world prices and pushes foreign rivals out of the global market—steel is a major example.”° Industrial policy … trade policies include numerous direct and indirect subsidies to boost exports and the consolidation of heavily subsidized … - page 784
… Communist China also uses a predatory “debt - 11580 Communist China also uses a predatory “debt trap” model of economic development aid that proffers substantial financing to developing countries in exchange for … - page 784
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