US, China firms sign whopping 13.6 billion dollar deals

[maddezmom]

Source: AFP

ANNAPOLIS, Maryland (AFP) - American and Chinese firms signed deals worth 13.6 billion dollars ahead of a high-level meeting here Tuesday that could formally endorse talks for a bilateral investment treaty, officials said.

China said the agreements inked in Washington and St Louis, Missouri on Monday were part of plans by Chinese companies to increase imports from the trade deficit-ridden United States.

The deals gave a psychological boost to the two-day US-China cabinet-level "strategic economic dialogue" (SED) beginning Tuesday at the US Naval Academy in Annapolis, Maryland, east of Washington.

Thirty-five deals worth 8.3 billion dollars were signed by high-tech, manufacturing and telecommunication companies at the US Chamber of Commerce in Washington, the Chinese government said in a statement.



Read more: http://news.yahoo.com/s/afp/20080617/pl_afp/uschinabusinessinvestment_080617072842

[Phred42]

1. The only wasy to stop this hemorrhage of US money building COmmunist China and all other countries

EXCEPT the US - Is to bring back TARIFFS.

It worked for over 200 years its why and how we became a super power and it is why without them we will become a third world country

We MUST Manufacture and protect that Manufacturing here - at HOME.

[L0oniX]

4. You can't do that. It will piss off the Bilderberg Group and the WTO..

[Phred42]

5. They both need to be taken out

[OhioChick]

6. Agreed. n/t

[Zynx]

8. Ever since FDR we have had quite few tariffs. This is not a 1980s-2000s invention.

[Doctor Cynic]

9. Yes, because any country can isolate itself into prosperity.

[Phred42]

10. that'd be ahame if we did that - again.

[Doctor Cynic]

12. Such as all the Free Trade deals under Truman and JFK. Read it up.

[Hugin]

2. Anyone else hear alarm bells?

1. US Naval Academy? (Did anyone see Cheney lurking about?)
2. US Chamber of Commerce? (NOT a government entity... Although they'd like to think so. Also, the USCoC recently
declared open war on labor and populists.)
3. What part of our assets are being sold off this time?

Hmm... High-tech (Throw-away word, nonsense) manufacturing (Yeah, like what?) telecommunication? Must be something
to do with Microsoft and outsourcing.

If the USCoC is involved, this deal can't be any good for the Middle-Class.

[L0oniX]

3. Do we even make anything here to export to them besides rockets and submarines?

[OhioChick]

7. Hanes Socks....Last I heard. n/t

[saigon68]

11. Marlboros and Salems

The good old U. S. of A. makes the best smokes

http://www.cbc.ca/world/story/2007/04/27/cancer-china.html

Chinese men smoking themselves to death
Last Updated: Friday, April 27, 2007 | 7:48 PM ET
CBC Ne



Lung cancer rates in China have risen by 30 per cent over the last five years, making the disease the leading killer of men in the world's most populous country, medical experts say.

In China, seven out of every 10 men smoke, and major cities such as Beijing and Guangdong have reported increases in lung cancer cases.

At Shanghai Pulmonary Hospital, an ashtray overflows with damp cigarette butts placed under a no smoking sign.

Dr. Zhou Caicun of the hospital's oncology department said he is embarrassed by the ashtrays at the hospital, which has four floors of lung cancer patients