Wednesday, November 16, 2005
U.S. Has No Plan On How To Deal With China
U.S.-China Commission Advises Congress To Fill Bush's Policy 'Vacuum'
Manufacturing and Technology News
The Bush administration does not have a coherent strategy for dealing with China. As a result, Congress must step into this policy 'vacuum,' according to the U.S.-China Economic and Security Review Commission (USCC) in its latest annual report.
'The commission's greatest concern is that the United States has not developed a fundamental assessment of how American national interests are affected by our relationship with China,' said Richard D'Amato, chairman of the commission at a Capitol Hill press conference. 'A detailed architecture that advances all areas of cooperation with China while reducing negative impacts on American economic and security interests still does not exist.'
In contrast to the United States, 'China has a very well crafted integrated plan towards us and as a consequence they are able to operate far more effectively towards us than we are toward them,' added Roger Robinson, vice chairman of the commission. 'This is something that we feel has to change.'
On the eve of Bush's upcoming trip to China on Nov. 20, USCC commissioner Carolyn Bartholomew said: 'The test of President Bush's visit is not going to be whether he brings back any more promises. The question is what are the results?' The U.S. needs China to take action on currency manipulation and protecting intellectual property rights. 'What do we have to show for all the promises other than a deficit of $200 billion, the loss of billions of dollars a year in intellectual property rights and the loss of our manufacturing base?' Bartholomew asked.
There's this very interesting quote a bit later ...
William Reinsch said in a conversation after the press conference. "We don't debate education any more. We don't debate economics. We don't debate manufacturing. We debate tax cuts and the war on terrorism and that's the end of the story."
Added Bartholomew: "Bush has decided that our manufacturing base doesn't matter. It's gone. What's going to happen is people are going to wake up too late on these things."
Manufacturing and Technology News
The Bush administration does not have a coherent strategy for dealing with China. As a result, Congress must step into this policy 'vacuum,' according to the U.S.-China Economic and Security Review Commission (USCC) in its latest annual report.
'The commission's greatest concern is that the United States has not developed a fundamental assessment of how American national interests are affected by our relationship with China,' said Richard D'Amato, chairman of the commission at a Capitol Hill press conference. 'A detailed architecture that advances all areas of cooperation with China while reducing negative impacts on American economic and security interests still does not exist.'
In contrast to the United States, 'China has a very well crafted integrated plan towards us and as a consequence they are able to operate far more effectively towards us than we are toward them,' added Roger Robinson, vice chairman of the commission. 'This is something that we feel has to change.'
On the eve of Bush's upcoming trip to China on Nov. 20, USCC commissioner Carolyn Bartholomew said: 'The test of President Bush's visit is not going to be whether he brings back any more promises. The question is what are the results?' The U.S. needs China to take action on currency manipulation and protecting intellectual property rights. 'What do we have to show for all the promises other than a deficit of $200 billion, the loss of billions of dollars a year in intellectual property rights and the loss of our manufacturing base?' Bartholomew asked.
There's this very interesting quote a bit later ...
William Reinsch said in a conversation after the press conference. "We don't debate education any more. We don't debate economics. We don't debate manufacturing. We debate tax cuts and the war on terrorism and that's the end of the story."
Added Bartholomew: "Bush has decided that our manufacturing base doesn't matter. It's gone. What's going to happen is people are going to wake up too late on these things."
