It was 25 years ago today when President Bill Clinton stood in the Rose Garden and signed the United States – China Relations Act into law, which granted permanent normal trading relations (PNTR) with China. That law would change the U.S.-China trading relationship forever. It gave China the same trade terms as America’s allies, and […]
How Corporate Decisions Weakened America’s Economy For decades, American companies made a straightforward calculation: They would share their technology with Chinese partners in exchange for access to the world’s largest consumer market and its low-cost labor. General Motors, Intel, and thousands of other firms formed joint ventures that helped their Chinese partners learn advanced manufacturing […]
The South China Morning Post (SCMP) reported on Friday that China is leading the effort to prevent the United States from regaining control of Bagram air base in Afghanistan. The SCMP reported that Yue Xiaoyong, special envoy to Afghanistan from the Chinese Foreign Ministry, held a meeting with delegates from Russia, Pakistan, and Iran on […]
