I don't know if our Chinese posters here want to talk in a serious manner about this. the currency manipulation, the false insistence of calling itself as a "developing country " and not "developed" to walk away from economic standards a " developed country" has to comply with for trade. The resource for aid deals in poor countries, the human right issues, the constant barrage of provocation of others boarders, Taiwan, Tibet, the disregard for climate change, the state sponsored hacking, support for the worlds pariah and terrorist supporting nations etc etc. this is not even touching on the dictatorship internally because quite frankly it is non of our business.
China continues to dump cheap consumer goods into foreign markets. By keeping the yuan undervalued, the party-state creates an enormous competitive advantage for China and keeps many workers from Canada and across the world out of work. Nobel laureate economist Paul Krugman has said that, by displacing the output of foreign producers with its own low-wage goods, China is arguably the prime culprit in holding back a robust recovery in global economies.
Economist Peter Navarro, author of The Coming China Wars, argues that consumer markets across the world have been conquered by China, largely through cheating on trade practices. These include export subsidies, the widespread counterfeiting and piracy of products, currency manipulation, and environmental, health, and safety standards so lax and weakly enforced that they have made China a very dangerous place to work.
This is interesting!
