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Feature Article by Stephen Lendman
Rebranding Made in China 2025?
by Stephen Lendman (stephenlendman.org – Home – Stephen Lendman)
The Trump regime and Beijing seem headed toward striking some form of accommodation on major economic, financial, and trade differences – at best a short-term fix.
Structural issues are at the heart of them, not the large trade imbalance between both countries favoring China with a record $323 billion surplus in 2018.
Offshoring US manufacturing and other jobs to China and other low-wage countries bear responsibility, corporate America to blame, not other nations.
Business practices are all about benefitting investors, not national economies, consumers, the environment or general welfare.
In discussing US jobs-destroying NAFTA, Global Trade Watch director Lori Wallach explained one of countless examples, saying "Goodyear opened up a new tire manufacturing plant in San Luis Potosi in Mexico."
"They're paying their worke
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