Trade with China
Any U.S. company that does business in China has to do 3 things: The company has to license it's latest technology, agree to lobby on China's behalf, and train a partner to be able to run the company. The government has export subsidies on products manufactured in China and import duties of up to 42 % on U.S. products. Of the 66 companies that sell retail on the Chinese stock exchange, 65 are owned by the Chinease government. The U.S. has a 230 billion dollar trade deficit with China because they exclude U.S products.
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