BEIJING -- Last week, with the backing of the World Trade Foundation (WTF), the WTO declared that China's policy of allowing the goods to be imported only by state-run firms "broke global trade rules." This US-initiated investigation is yet another example of how the United States are helping other nations and fixing their political and economic systems.
Explaining that China's centrally-planned communist system was naturally inferior to its own free-market capitalist establishment, America filed the WTO complaint against China's import regulations. It ruled that, in essence, Chinese central planning and state-run trade policy, a pillar of the communist political system, was incompatible with the US, requiring it to adjust.
The WTF applauds America's determination to--just like in Vietnam and Iraq--forego a nation's right to sovereignty when necessary to assist that nation and help it conform its political systems to the Americans'. In a few years' time, the Chinese economy will start to resemble its American counterpart much more and the Chinese people will finally have wide-spread and proper access to important services such as McDonald's, Coca-Cola, and Ford vehicles.
Hoping to further minimize the potentially negative influence of Chinese culture, the US is also considering imposing import restrictions on major exports, such as car and truck tires, from the Asian manufacturing giant. In turn, the US aims to be able to better reach Chinese customers through China's privatized distributors, thus aiding the materialization of a more global American Dream.
Related reading: http://news.bbc.co.uk/2/hi/business/8205014.stm
Monday, August 17, 2009
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