Comments by "you\x27llfloat2 pennywise" (@youllfloat2pennywise344) on "CCTV Video News Agency"
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@williamwatitwa3534 All of those countries mostly produce one or two products for export. You're being disingenuous. China wants to corner all the markets. It has rare earth minerals, cars, electronics, appliances, toys and games, semi conductors, solar panels, fireworks, clothes (boots, shoes, sweaters, underwear, etc.), but what it doesn't have is domestic spending. They don't buy stuff. They keep global markets from entering their country for the most part. If you want to do business in China, you must partner with a Chinese company first. That company learns your business and copies your intellectual property and then kicks the foreign company out of China. They then turn around and produce the copied goods in China to sell back to the country where the product was first made at ridiculously cheap prices. The Chinese government gives the company extra money and tax-free land to reduce their overhead. With cheap labor and government incentives, no foreign company can compete and go out of business at home. You think this is "fair trade?" 🤔
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