Monday, September 17, 2012

U.S. complains on Chinese subsidies to its auto industry

It is obvious Obama wants to blame China as he cannot fix our problems.

The facts are:
1. China has rescued GM from bankruptcy. US cars are thriving in China esp. recently with disputing with Japan in islets.

2. Every country subsidies its own industry. How about U.S. loans to farmers, research grants to colleges...

There are many trade restrictions we should work on, but not on something that we cannot argue reasonably.

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