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

  • The U.S. is competing without a manufacturing strategy, and the trade numbers show we’re getting our butts kicked. http://t.co/mtxfMmXMkq 6 hours 55 min ago
  • So much for that "rising star" thing. http://t.co/mtxfMmXMkq 7 hours 39 min ago
  • What made @papergirlmacy cry while working on the book Factory Man? @NewsHour has the answer: http://t.co/R56dMJNgeF 8 hours 36 min ago
  • Love this! College's new mobile manufacturing training lab provides on-demand training in advanced manufacturing: http://t.co/hGsSIwqgKa 9 hours 41 min ago
  • "We were going to compete, and remain an American manufacturer, and from that time on, we never looked back." http://t.co/3PuYpsFqT9 10 hours 26 min ago
  • More buzz for Factory Man, this time from @NewsHour. "It’s the largest employer in town. But it wasn’t & isn’t easy." http://t.co/3PuYpsFqT9 11 hours 17 min ago
  • @RossiMachServ How wonderful! We'd love that. 11 hours 20 min ago
  • The U.S. might be a "rising star" in manufacturing, but there's still a lot of work left: http://t.co/b6c8JbKyEX 1 day 4 hours ago
  • If the United States wants to maintain its "rising star" manufacturing status, it must do a few key things: http://t.co/yVBTFyywYF 1 day 7 hours ago
  • That's right: the U.S. is a "rising star" in manufacturing. But there's more to do to increase our competitiveness: http://t.co/yVBTFyywYF 1 day 8 hours ago