politics

U.S., Japan, EU seek new global rules limiting subsidies

3 Comments
By Fabrice COFFRINI

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© 2020 AFP

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But they refrained from naming China directly.

Cowards. As if it's not bad enough that it's like trying to close the barn doors after the horses ran out over a decade ago. An estimated 80% of Chinese companies are directly or infirectly tied to the Chinese government. And that government is a single party dictatorship.

1 ( +2 / -1 )

Any country with either a space program or nuclear programs shouldn't be on the "developing country" list with the WTO help that comes with that designation.

I'm seeing weasel words, so that Airbus, Boeing, and a few specific French companies aren't included.

China currently has a govt-directed economy. This is a different system than most of the rest of the world, so it needs to be treated differently as long as that is the situation.

I'll leave it to the economists to figure out, but there is a huge difference between having only corporate resources and the resources of a govt behind the company to take risks.

No Govt official should be a sales person for any corporate sales.

2 ( +2 / -0 )

"No more subsidized industry!" "No TPP!"

Say the Japanese government officials who gain so much support from lobbies like JA, and continue to dish out rice and farm subsidies in the antiquated quota system to buy votes.

If you're against subsidies, I don't think you should get to pick and choose based on what you perceive to be disadvantageous.

1 ( +1 / -0 )

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