Title: China Most Favored Nation
Headings: China - Most Favored Nation
China - Most Favored Nation
Give it All Away
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Content: Even as the PRC government continues its unabashed repression against segments of its own population, President Clinton hides behind the same "constructive engagement" excuse. " I believe if we were to revoke normal trade status," he told a group of business executives at the White House, "it would cut off our contact with the Chinese people and undermine our influence with the Chinese government." ( The Washington Post , 5-20-97). The element of duplicity in this policy is unmistakable. More than just granting Red China an open door to the U.S. market, the American political establishment is implementing a Chinese "Marshall Plan". The Chinese economy is growing by leaps and bounds, fueled by a trade deficit against the U.S. of $35 billion a year, almost as large as the U.S. trade deficit with Japan. It is hard to shop at many U.S. stores and buy something that is not made in China. The U.S. market is flooded with toys, shoes and gadgets manufactured by cheap Chinese labor. Scores of U.S. companies are moving their manufacturing operations into China and exporting the finished product back to the U.S.
Give it All Away
The political elite are also pumping up communist China's military capabilities with a massive infusion of weapons technology and materials. " According to the Seattle Times , McDonnell-Douglas closed a recent deal to build jets in China by offering tooling technology that is now being used in the Red Chinese missile program.