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China's Influence Over Labor Markets

President Nixon opens trade with China - 1972 Nixon Opens Trade with Communist China

Agree or disagree: The Chinese Communist Party has and will continue to have an indirect impact on the quantity and opportunities for jobs and employment in the USA? It doesn't take a genius to figure this out. We already know China has taken advantage of us since President Nixon opened trade relations in 1972. Presidents Nixon, Ford, Carter, Reagan, Clinton, Bush, and Obama either wasn't paying attention or didn't understand how China would:

  • Ignore trade imbalances and run up a tab of $500 billion in their favor. The results: 50,000 factories closed, and millions of jobs lost as corporate America outsourced for lower labor costs and greater profits.
  • Allow U.S. capital investments in China with the full intention of stealing trade and intellectual secrets. The results: Using the stolen practices, ideas and to compete with us and again steal American jobs.
  • After learning how to steal digital music and movies to dilute profits of American music and movie properties, China lured both industries to produce content in China with investments and to gain access to the growing consumer markets in China. The results: Loss of music and movie production jobs in the USA and lower cost of production for greater profits to the Hollywood movie industry. Censorship by CCP in China of all movies to be shown in China.
  • Spend billions and be unchallenged to dredge up and build new islands in the South China Sea. These islands are for military airstrips to defend China's claim to disputed water territory and the billions in natural gas and oil resources that rest beneath the South China Sea. The results: U.S. military pivot emphasis to the far East and Southeast Asia to check China's aggressive actions shifting jobs and logistic supply chains to support the change.
  • Over decades infiltrate our University system across the U.S. to steal intellectual property and progress in innovations for health and consumer goods. The result: Hundreds of spies posing as students or exchange students taking enrollments from U.S. citizens. The spy ring finally comes to light by closing the nest of spies operating through the Chinese Embassy in Houston.
  • Suck up to the NBA allowing NBA players access to China fans of NBA basketball by holding games in China and offering NBA gear for purchase in China. A real profit boost to both NBA players and the owners. The results: The league and players ignored the horrific lack of human rights and torture of opposition in China but makes brass public statements about perceived injustices in America. It gives the NBA and players a perception by fans of seeking profits over human rights in China.
  • Send the world a killer virus to monitor how it spread and its effects. The spies operating from the Chinese Embassy were attempting to steal any information about any Covid-19 vaccine research. The results: Millions of infections and could reach 1 million deaths worldwide. Deaths in the USA already exceeds the deaths from the Viet Nam War. Additionally, the pandemic resulted in shutting down the best economy in USA history. Don't blame Trump. A global backlash is coming for lack of candor and misinformation about the virus started in China.
The impact on U.S. jobs is far greater than these few bullet points can highlight. China is making massive investments around the globe to gain appeasement and financial leverage and to gain political power. This strategy has enormous ramifications and is more easily conveyed with this graphic from visual capital https://www.visualcapitalist.com/global-chinese-financing-is-fueling-megaprojects/

Our work to not lose more jobs and recreate the Trump economy as the engine for winning the competition with China is imperative to rebuild our creative and innovative workforce.

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