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U.S. firms doing business in China mostly oppose tariffs, survey shows

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Ofcourse they do as they know their businesses and what comes with that. The business man from NYC should know that too but he's a player of a different level :)

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Water is wet.

People who figured out any game, don't like when rules are changed.

These people have years trying to figure out how to make money in/with China. The rules are complicated, but not always the best for America as a whole, so they don't want them changed.

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@Netgrump

"Of course they do as they know their businesses..."

The private sector is concerned with the short term -- quarter to quarter, fiscal year to fiscal year. The outlooks never run long into the long term, and frankly their CEOs don't care, since they'll be retired or paid their bonuses by then.

That's why we have public sector policymakers. They take care of the long term, ie, structural issues. China's IP theft IS a problem, and one to be tackled by the government. Private businesses are unwilling and incapable of doing this, thus their opinions don't matter. Their interests are in conflict with the nation's - and its people's - interests.

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That's why we have public sector policymakers. 

Good luck with Trump vs Xi.

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That's why we have public sector policymakers.

Yes, to make policies which benefit themselves. They make policies which help themselves and their friends, and which harm their enemies. They create policies, and then sell exemptions and loopholes to those with deep enough pockets. You can make more money, more quickly in politics than you can running a business. The Clintons are worth hundreds of millions now, they were broke when Bill was sworn in 1992. Al Gore was worth $1 million in 2000, he’s worth more than $300 million now. Obama is raking in over $1 million a month.

Policy-making is good business.

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Good luck with Trump vs Xi.

China has since announced that some foreign investors no longer need to partner with state-corporations. Tesla and BASF have both accounced this past week their future large factories in china will be wholly owned. This is a first, and came about from Trump's pressure.

Yes, to make policies which benefit themselves

That's exactly what the private sector has been doing. When Western multinational corporationss hand over their technology and expertise to the communist state-owned corporations, they are benefitting themselves -- and undercutting our future and future of our children.

-2 ( +0 / -2 )

The private sector is concerned with the short term -- quarter to quarter, fiscal year to fiscal year. The outlooks never run long into the long term, and frankly their CEOs don't care, since they'll be retired or paid their bonuses by then.

True for most MNCs but in Europe and the US some economists and even traders are advocating less importance to Q figures. Private businesses in Asia tend to use long term outlooks as well as some companies in North-West Europe. US MNCs in the agribiz tend to have a longterm outlook as well despite the volatility of their markets.

That's why we have public sector policymakers. They take care of the long term, ie, structural issues

In some developed countries but not really in the US where Corporate America and the stock market rules. The US gov is good on bringing fraudulent business people into justice but the last hearing of Mark Zuckerberg in the Senate and a bit better in Congress

shows the incompetence and lack of knowledge of many policy makers in the US and elsewhere. Trump can bash people like Bezos but the reaction will be that assets will be set up abroad which is not good for US workers.

China has since announced that some foreign investors no longer need to partner with state-corporations. Tesla and BASF have both accounced this past week their future large factories in china will be wholly owned. This is a first, and came about from Trump's pressure.

True but IP and level playing have been on the agenda by the US and the EU long before Trump came in. You will mention the announced trade measurements by the Trump administration but the shift to fully ownership has been worked out on the longer run, no doubt by the Chinese finally understanding that when to want to acquire more foreign businesses there should be a level playing field for foreigners in China as well.

When Western multinational corporationss hand over their technology and expertise to the communist state-owned corporations, they are benefitting themselves -- and undercutting our future and future of our children.

Nobody hands over technology just like that and the ZTE affair shows that you can dry up a supply chain for essential parts pretty easy.

You're not the only one being critical about MNCs, which is good, but MNCs are pretty transparent for critical journalists and their workers and all the workers in the periphery of those companies are part and in the middle of the society as well as part of the future.

A point where I agree with Trump is the amount of money kept offshore by MNCs. But when his latest tax measurement enables the rich and very rich in the US to pay less tax then they already did his arguments on offshore money are empty.

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