kmguru
11-04-05, 04:30 PM
U.S. - CHINA COMMISSION TO RELEASE 2005 ANNUAL REPORT TO CONGRESS
Offers Numerous Recommendations for Congressional Action
The United States-China Economic and Security Review Commission (USCC), a bipartisan Commission established by Congress in 2000 to investigate, analyze and provide recommendations to Congress on the economic and national security implications of the U.S.–China relationship, today announced that it will release its 2005 Annual Report to Congress at a press conference to be held Wednesday, November 9, 2005 on Capitol Hill. The Report will highlight the USCC’s conclusions and recommendations about the direction of U.S.–China relations. Among the topics it addresses are:
My recommendations are in blue. Let us see how much it differs from theirs when it comes out. :D
• China’s mixed record of compliance with its World Trade Organization commitments and the sufficiency of U.S. enforcement measures; [Lip service is better than none]
• The undervaluation of China’s currency; [Not happening anytime soon, and when it happens, we will have nothing to sell to them, and their products will cost more at WalMart - too bad for middle class and poor]
• China’s growing use of global capital markets and the implications for U.S. investors and security interests; [Good for US investors, bad for US People]
• China’s rapidly expanding energy needs, its rising dependence on imported oil, and the impact on global and U.S. energy markets; [Well, stop buying from China, then it will not need that much energy to produce the goods that Americans use]
• China’s military modernization efforts, their effect on the cross-Strait military balance, and implications for U.S. security interests; [Oh, no problem, we have our old people called National Guards to fight...shape up folks...]
• China’s role in the North Korean nuclear crisis; [China will do nothing and North Korea is not stupid to threaten China, besides, China probably has spies there to kill the dictator if he gets out of line]
• China’s growth as a platform for technology development and production and its impact on the U.S. economy and defense industrial base; [We are screwed] and
• The Chinese government’s efforts to control the flow of information to its people via the Internet and other media; [We control our people through media...so what is new!]
• The overall state of U.S. policy toward China. [Beg for credit?]
Offers Numerous Recommendations for Congressional Action
The United States-China Economic and Security Review Commission (USCC), a bipartisan Commission established by Congress in 2000 to investigate, analyze and provide recommendations to Congress on the economic and national security implications of the U.S.–China relationship, today announced that it will release its 2005 Annual Report to Congress at a press conference to be held Wednesday, November 9, 2005 on Capitol Hill. The Report will highlight the USCC’s conclusions and recommendations about the direction of U.S.–China relations. Among the topics it addresses are:
My recommendations are in blue. Let us see how much it differs from theirs when it comes out. :D
• China’s mixed record of compliance with its World Trade Organization commitments and the sufficiency of U.S. enforcement measures; [Lip service is better than none]
• The undervaluation of China’s currency; [Not happening anytime soon, and when it happens, we will have nothing to sell to them, and their products will cost more at WalMart - too bad for middle class and poor]
• China’s growing use of global capital markets and the implications for U.S. investors and security interests; [Good for US investors, bad for US People]
• China’s rapidly expanding energy needs, its rising dependence on imported oil, and the impact on global and U.S. energy markets; [Well, stop buying from China, then it will not need that much energy to produce the goods that Americans use]
• China’s military modernization efforts, their effect on the cross-Strait military balance, and implications for U.S. security interests; [Oh, no problem, we have our old people called National Guards to fight...shape up folks...]
• China’s role in the North Korean nuclear crisis; [China will do nothing and North Korea is not stupid to threaten China, besides, China probably has spies there to kill the dictator if he gets out of line]
• China’s growth as a platform for technology development and production and its impact on the U.S. economy and defense industrial base; [We are screwed] and
• The Chinese government’s efforts to control the flow of information to its people via the Internet and other media; [We control our people through media...so what is new!]
• The overall state of U.S. policy toward China. [Beg for credit?]