[CTC] Portman Hit Hard on Five Year Anniversary of Nomination as Bush's Trade Representative

[Citizens Trade Campaign]

The American Chamber of Commerce in China questioned 203 member companies
about participation and competition in China's market.  Nearly 38 percent
firms felt unwelcome, 57 percent of the responders expected to lose
<http://www.themoneytimes.com/featured/20100322/us-companies-feel-shut-out-c
hinasurvey-id-10104782.html##> business in China, and 37 percent confessed
to already feeling the chill in their business markets despite the
regulations having not taken effect officially.


More <http://abcnews.go.com/Business/wireStory?id=10167081>  Foreign Firms
Feel Unwelcome in China 


ABC News -
<http://news.google.com/news/search?cf=all&ned=us&hl=en&q=author%3A%22Christ
opher+Bodeen%22&scoring=n> Christopher Bodeen - ‎7 hours ago‎

AP A growing number of foreign businesses in China feel shut out under new
government policies promoting homegrown ... 

 


US Companies Feel Increasingly Unwelcome in China
<http://www1.voanews.com/english/news/economy-and-business/US-Companies-Feel
-Increasingly-Unwelcome-in-China-88815132.html>  


Voice of America -
<http://news.google.com/news/search?cf=all&ned=us&hl=en&q=author%3A%22Stepha
nie+Ho%22&scoring=n> Stephanie Ho - ‎4 hours ago‎

Photo: AP A growing number of American businesspeople feel unwelcome in
China because of what they see as discriminatory government policies and ...


 


More foreign firms feel unwelcome in China
<http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2010/03/22/financial/f0345
36D58.DTL>  


SFGate.com (blog) -
<http://news.google.com/news/search?cf=all&ned=us&hl=en&q=author%3A%22Christ
opher+Bodeen%22&scoring=n> Christopher Bodeen - ‎7 hours ago‎

A growing number of foreign businesses in China feel shut out under new
government policies promoting homegrown technology, ... 

 

 
<http://www.article-submissionservice.com/9362/us-firms-feel-unwanted-in-chi
na> 

 


US firms 'feel unwanted' in China
<http://www.article-submissionservice.com/9362/us-firms-feel-unwanted-in-chi
na>  


Daily News (blog) - ‎7 hours ago‎

US companies feel increasingly unwelcome in China because of what they see
as discrimination and inconsistent legal treatment, according to a survey.
... 

 


Will <http://www.reuters.com/article/idUSTRE62L15A20100322>  US yuan calls
make for a stubborn China? 


Reuters -
<http://news.google.com/news/search?cf=all&ned=us&hl=en&q=author%3A%22Simon+
Rabinovitch%22&scoring=n> Simon Rabinovitch,
<http://news.google.com/news/search?cf=all&ned=us&hl=en&q=author%3A%22Chris+
Buckley%22&scoring=n> Chris Buckley - ‎10 hours ago‎

A yuan banknote is displayed next to a US dollar banknote (back) for the
photographer at a money changer inside the Taoyuan International Airport
March 18, ... 

 

More Background:

The survey revealed the impact of the new rules went beyond the tech world.
Nearly 30 percent
<http://www.themoneytimes.com/featured/20100322/us-companies-feel-shut-out-c
hinasurvey-id-10104782.html##> manufacturers and 27 percent in the services
industry were negatively impacted by them.

Michael Barbalas, president of the American Chamber of Commerce China said,
“For many multinational companies, China is a bright spot in the global
picture right now but our survey shows member companies feel these
[indigenous innovation] rules are a new kind of protectionism and will be
used to exclude them from an increasingly important market.

“The question is whether China wants to be increasingly integrated into the
global system or increasingly isolated.”

Release of survey statistics

The results of the survey coincided with opening of the trial of four
employees of Anglo-Australian miner Rio Tinto, including an Australian
citizen on allegations of bribery and espionage in Shanghai.

The four defendants were arrested last July during litigious iron ore
contract negotiations that later collapsed. The trial has made foreign firms
skeptical about doing business in China. 

The survey also comes in the wake of Google threatening to pull out of
China, citing cyber attacks and censorship. 

Moreover, the controversial issue of China’s currency policy has inflamed
the Sino-US ties. 

According to critics, China has kept the value of its yuan deliberately low
in order to make its exports cheaper and more competitive in the world
markets.

http://www.themoneytimes.com/featured/20100322/us-companies-feel-shut-out-ch
inasurvey-id-10104782.html 

 

-----------------------------------------

 

Andrew Gussert
Director, Citizens Trade Campaign
1150  17th  Street N.W., Suite 300
Washington, D.C.  20036

 

Cell#:  202.494.8826
Fax#:  202.293.5308
www.citizenstrade.org

facebook.com/gussert
twitter.com/agussert

 

To receive regular trade updates,
<http://www.citizenstrade.org/mailman/listinfo/ctcfield> click here.

 

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