Comments by "Valen Ron" (@valenrn8657) on "Trade war spat between Canberra and Beijing 'escalating dangerously'" video.
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@paulchiu596
https://www.forbes.com/sites/douglasbulloch/2016/10/12/protectionism-may-be-rising-around-the-world-but-in-china-it-never-went-away/#5dc3f5df73da
Protectionism May Be Rising Around The World, But In China It Never Went Away
Promises unkept?
Since joining the WTO in 2001, China has repeatedly insisted that it will live up to those undertakings made on entry. In particular, the use of currency manipulation has been identified by the US as a breech of the commitment to end price controls for the purposes of protecting domestic industries. This became a major political issue from 2005 onwards, and has only recently subsided because it is assumed that the RMB is slightly overvalued on the market. Nevertheless, for years it was deliberate policy for the PBoC to accumulate US Dollars and suppress the exchange rate for the RMB, resulting in exactly the price distortions China had committed to eliminate in 2001, and fuelling an enormous trade surplus with the US, which persists and expands to this day.
Furthermore TRIPS implementation has been given some effect on paper, but has made little progress when it comes to 'enforcement.' This is (according to the WTO) as recently as February 2015, fully 14 years after TRIPS was supposed to be already in effect. The US Trade Representative produces an annual report to Congress on China's WTO compliance which leaves little room to conclude they have so far lived up to their accession commitments. The most recent several-hundred-page document - produced in December 2015 - recites a long list of small measures, committees established, announcements made and new administrative complications faced, all continuing disputes over an agreement theoretically in effect since 2001.
Although, therefore, protectionism is rising around the world, it is also true to say that existing practices of protectionism have not fallen in the way that they should have since China's accession to the WTO in 2001. Because of this lack of progress in easing trade, the extended period of currency manipulation, the lack of observance of TRIPS and the sheer administrative resistance exporters face when trying to get their products into China, we now face of world of highly unbalanced trade, and rising mistrust. And it is this that is leading to rising protectionism; the simple fact that it never went away.
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@gnbilios Your " first preferences to jobs went to Asians" is technically incorrect, for specifics, read https://www.dfat.gov.au/trade/agreements/in-force/chafta/fact-sheets/Pages/chafta-fact-sheet-movement-of-natural-persons
Specifically, China provides guaranteed access to Australian citizens and permanent residents for the following categories:
# Intra-corporate transferees for up to three years (including executives, managers and specialists);
# Contractual service suppliers, in certain sectors, for one year, or longer if stipulated under the relevant contract;
# Installers and maintainers for up to 180 days; and
Business visitors for up to 180 days.
Furthermore, for the first time in any FTA, China guarantees equivalent entry and stay for dependants and spouses of Australians granted entry as intra-corporate transferees or contractual service suppliers for longer than 12 months.
(while)
Australia provides guaranteed access to Chinese citizens for the following categories:
# Intra-corporate transferees and independent executives for up to four years (including executives, managers and specialists);
# Contractual service suppliers for up to four years; including guaranteed access for up to a combined total of 1,800 per year in four occupations: Chinese chefs, WuShu martial arts coaches, Traditional Chinese Medicine practitioners and Mandarin language tutors (subject to meeting standard immigration requirements);
Installers and servicers for up to 3 months; and
# Business visitors for up to 90 days, or 6 months for business visitors who are service sellers.
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