Succinctly and accurately said. China has a welfare economy and it is well past time for the US taxpayer subsidy to stop.
There were three factors that motivated China to attract foreign investment. 1. Jobs, 2. Technology, 3. Western management. The 3 becomes a laughing stolk among ordinary Chinese after the financial crisis that Western nations managed their economies into a ditch. The 2 is no longer as urgent, as anyone may come up with a good idea and it is good to keep an open mind and have foreign investment with new technology. but China produces 5 times engineers as U.S. does per year. One anecdotal example is the IPad, which is arguably the best thing came out of U.S.. But the IPad has an exact copy and full scale PC in function in China. The two look like exact copy of each other. The problem is China's version is three months early than the U.S.'s #1. China launched new initiative to put emphasis on domestic market for growth and jobs. In a recent gathering for the initiative one major cities, it was reported by UK press, all were Chinese companies, buyers or sellers. Western companies are not even invited. Chinese government has be encouraging Chinese workers to demand wage increases; no fear, probably even secretly to drive, the foreign companies to leave. Siemens CEO shout to Chinese leader during a meeting with German Chanceller that business environment is deteriorating China. Wake up!
Bring on a trade war! What's the alternative? A slooooow bleeding death?? Might as well get it on NOW while the defense dept still functions! The wieners against any "problem" with China are just that, freakin' pussies! The greedy Western manufacturers set up shop there & virtually gave away $trillions in technology that China NEVER would have developed on its own other than perhaps copy. Now though, it's a different story. They huge and becoming a threat with each day that things are not resolved.
AFAIK, there are 2 types of politicians: 1. Who have chosen politics as a career to make money. 2. Who have chosen politics as a career to make more money.