Hasn’t China Proved Itself Yet?

In an article at CBS this morning, the headline:  Auto Dealers, Big 3 Wait For More Details On Counterfeit Air Bags, drew my attention.  So did this statement:  “”Government investigators believe many of the bags come from China,” an industry official said.”

An additional note:  “The counterfeit air bags were manufactured by purchasing genuine auto air bags that were torn down and used to make molds to produce the counterfeit bags. Trademark emblems were purchased through Honda, Toyota, Audi, BMW and other dealerships located in China and affixed to the counterfeit air bags.”

So once again, be wary of cheaper auto parts.  Read the article and better safe than sorry.  Anytime I can buy American, I do.  How about you?

188 Members Urging President to Confront China on Auto Parts

Senator Stabenow Leads 188 Members Urging President to Confront China on Auto Parts Debbie Stabenow | Senator for Michigan.

“In a letter to President Obama, Members of both the House and Senate urged the Administration to use the Interagency Trade Enforcement Center President Obama recently established to address China’s predatory policies in auto parts.”

Wise Move

to suspend until all checks are balanced.

Amplify’d from www.bbc.co.uk
17 March 2011

China suspends nuclear building plans

China has suspended approval for new nuclear power stations following the accident at Japan’s Fukushima Daiichi plant.

China is currently building 27 new reactors – about 40% of the total number being built around the world.

It went on to say that China’s medium and long-term nuclear plans would be “adjusted and improved”.

It is currently building more reactors than any other country in the world.

According to the World Nuclear Association, China wants to build a total of 110 nuclear reactors over the next few years.

China also recently announced that it had developed its own technology to reprocess spent nuclear fuel, which could be used to run these new power plants.

Read more at www.bbc.co.uk

 

Corporate Piracy or Genuine Investment

“You don’t want to close your doors and believe you can do everything yourselves,” said Ma Xin, chairman of the Sinocome Group. “That’s a ticket to becoming a Third World country.”

Is it? Or do we open our doors and become “owned” ?? Is the “enthusiasm about the United States” really about ‘a great time of investment?” Or is it about “gotcha while you were down.” Will we remain the land of the free? How many homes that have defaulted, have been purchased by people that live outside this country and are flipped or rented to US citizens?

There is something awry here and I’m still feeling my way through it. (Pun intended). There is just too much topsy turvy going on for me to wrap my brain around it all and feel any comfort. I don’t even know if I’m way off the mark because there are so many varying degrees of what people (in the US) feel these days. God bless us – every one!

Amplify’d from www.washingtonpost.com

Job creation seen as key to China’s investment in U.S.

Chinese President Hu Jintao will highlight Wanxiang’s U.S. operations on Friday during an event in Chicago. Hu is hoping to show Americans that in addition to providing them with cheap goods, Chinese companies can also give them good jobs.
That issue is a critical one in an economic relationship that many Americans feel is unfairly tilted toward Beijing
Treasury Secretary Timothy F. Geithner and Commerce Secretary Gary Locke both complained that China was not open enough to U.S. products, had not done enough to let the value of its currency appreciate against the dollar and was not respectful of U.S. intellectual property rights
Among leading Chinese entrepreneurs, the United States was second only to Hong Kong in a survey of potential destinations for investments
“There is a real enthusiasm about the United States,”
Until China figures out a way to link itself to “the idea of job creation . . . you are always going to have a negative perception of China in the United States,”

Read more at www.washingtonpost.com