China and Subsidies

China and Subsidies

China’s economic growth plan is based on promoting exports at all cost, regardless of legality. To accomplish this, the Chinese government provides massive subsidies to many of its industries to allow them to produce goods for export at an artificially lower cost.

For example, the Chinese government holds down the cost of fuel and electricity, which makes the cost of industrial production lower. The government also provides free land and utilities to companies in key economic sectors, limits competition by regulating distribution of products, hands out free to low-cost loans to favored companies and whole industrial sectors, and utilizes many other methods of promoting its export industries at the expense of those who play by the rules. China needs to be held accountable for these illegal trade practices. AAM has been thoroughly examining and exposing China’s practices because it is crucially important to ensure all products traded in the international marketplace enjoy fair and equitable treatment.

@KeepitMadeinUSA on Twitter

  • MT @ScottPaulAAM Don't cheer 2Q GDP estimate yet: imports rose faster than exports, an unnecessary drag on growth. http://t.co/J7WUhVJxOT 1 hour 36 min ago
  • Missed the news last night? Here's a recap of the status of the legislation to keep the Highway Trust Fund solvent: http://t.co/3fNnYwW5KI 2 hours 44 min ago
  • ICYMI: Senate passed its version of Highway Trust Fund bill; shortened length of extension to Dec. instead of May 2015. Heads back to House. 15 hours 3 min ago
  • The Senate is now debating legislation to reauthorize the Highway Trust Fund (well, until May 2015). Watch on @cspan: http://t.co/7h65biQlFz 18 hours 55 min ago
  • RT @SteveRattner: Amazing shift in US jobs -- gone from making things to taking care of sick people http://t.co/44ZBilZiCg 19 hours 51 min ago
  • We must be close to election season. Candidates are talking a big game about unfair trade on the campaign trail: http://t.co/vsahfLZSb4 22 hours 16 min ago
  • Looks like @amazon is getting into the 3D printing business. http://t.co/dHa0askSK9 23 hours 39 min ago
  • RT @WisconsinOven: MT @KeepitMadeinUSA @ScottPaulAAM shares ideas in @HuffingtonPost on how to restore American manufacturing leadership:ht… 1 day 24 min ago
  • BTW, ALL the machines at that Indianapolis Adidas plant helped produce LeBron jerseys. http://t.co/InVSaeooRv Plus more in Iowa & Cleveland. 1 day 24 min ago
  • !!! RT @darrenrovell The LeBron jersey assembly line at Adidas facility in Indianapolis http://t.co/FCcJz76kpa 1 day 26 min ago