Henry Paulson, noted banker, economist, and political appointee, spoke out at an economic forum about China and today's global economy. He noted that since the Chinese joined the WTO 17 years ago, the country has continued to violate many of the provisions agreed to upon their entry into the organization. He stated unequivocally that this action(s) are unacceptable in today's global business world. He highlighted China's efforts to disregard intellectual property rights, the continuation of theft of trade secrets, and the many obstacles placed in front of US companies wishing to do business in China.
This comes on the heels of indictments against Chinese nationals in the US who have not registered as agents of foreign governments as required. These are officers in the PLA-the Peoples Liberation Army, also known as the Chinese Army. These individuals pursue scientific research under the guise od being researchers instead of the actual role as corporate spies working on behalf of the Communist Party whose leader5s have effectively ordered the theft of US intellectual property by any and every means possible without regard to treaty or stated government policy. This action comes at a time of intense debate about China's role in the world economy, and her efforts to stretch her influence globally, especially in Africa and East Asia. Her naval fleet continues to expand its influence in the South China Sea which could probably use a name change. Perhaps the geographers of the world could come up with a new name, rather than have China wield authority over each rock and ripple in the neighborhood.
See the insert in yesterday's NY Times- a propaganda piece intended to deflect criticisms of China's trade policies and her actions related to same. No doubt, the effort is made to alter US perceptions of China, which we will not until this neighborhood bully starts to act like a responsible partner as opposed to someone like the PLO.
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