Tags: china

A Currency Battle

Thu. October 13, 2011

October 13, 2011 - Congress is taking a stand on currency manipulation.  A bill passed the Senate and now heads to the House.

A Sad Day for the FTAs

Thu. October 13, 2011

October 13, 2011 - Although the labor movement stormed Capitol Hill with their voices and their passion to just say NO, Congress passed free trade agreements with Korea, Colombia and Panama.

Report Warns of Growing China Aerospace Sector

Thu. March 24, 2011
The U.S.-China Economic Security Review Commission issued a report this week that documents the significance of U.S. aerospace companies’ assistance in the development of China’s growing aerospace industry.

Report Warns of Growing China Aerospace Sector

Thu. March 24, 2011
The U.S.-China Economic Security Review Commission issued a report this week that documents the significance of U.S. aerospace companies’ assistance in the development of China’s growing aerospace industry.

Vermont Senator Not Bullish on Immelt

Tue. February 08, 2011
In a recent video, Sen. Bernie Sanders (I-VT) is not bullish on President Obama's new job-creation advisor, General Electric (GE) CEO Jeffrey Immelt.

GE Joint Venture Sends Aerospace Technology to China

Thu. January 20, 2011
GE’s recent announcement that it would be finalizing plans for a joint venture with  China-owned AVIC to produce avionics systems is another example of how other countries demand the transfer of technology and production from Western companies.

Join Poll to Pressure China’s Leader on Currency Manipulation

Thu. January 13, 2011
Chinese President Hu Jintao is expected to visit Washington, DC, next week to meet with President Obama and other administration officials. One key issue he is slated to discuss is China’s undervalued currency.

IAM Cites China Link in Gulf Equipment Failure

Tue. July 20, 2010
The IAM faulted British Petroleum (BP) this week for ordering the use of low-cost repair facilities in China to modify critical safety equipment on the Deepwater Horizon rig in the Gulf of Mexico.

China - Manufacturing Leader?

Tue. June 22, 2010
The U.S. won the coveted title of “worldwide leader in manufacturing output” last year, say researchers. We may even win this year. But a new report by IHS Global Insight, a U.S.-based economic consulting firm, shows China is slated to take the crown by 2011.

A Prescription for China’s Aerospace Threat

Tue. May 25, 2010
In testimony before the U.S.-China Economic and Security Review Commission, IAM Director of Trade and Globalization Owen Herrnstadt described how Western aerospace companies are providing China with billions in tools and technologies that are certain to cost U.S. aerospace jobs.

Unfair Trade with China Cost 2.4 Million Jobs

Tue. March 23, 2010
A study released today by the Economic Policy Institute (EPI) finds that unfair trade with China cost the United States 2.4 million jobs between 2001 and 2008. This figure does not include the thousands of jobs that were lost in 2009 and the first few months of 2010.

China's Cheating

Wed. March 17, 2010
March 17, 2010 - Currency manipulation is a difficult topic.  But in its simplest form it basically means a country deliberately undervalues its currency so that it can increase its exports, while decreasing imports.

GE Brings Good Things… to China

Thu. February 04, 2010

General Electric, exporter of thousands of U.S. jobs, is running a major ad campaign called American Renewal. The radio, television and print ads give the impression that GE is now a champion of “Made in America.” One print ad boasts “We call it the American Renewal. And it means making things right here in America. The American Renewal is happening.”

Stimulus Dollars Fanning China Wind Farms

Tue. November 24, 2009
Recent news reports show stimulus funds are being used to create jobs in China and further decimate the U.S. manufacturing base.

China Trade

Fri. September 04, 2009 by Writer

Unfair trade practices by the People’s Republic of China continue to plague American workers. The trade deficit hit a record $232 billion last year and manufacturing jobs continue to diminish as companies such as Wal-Mart look to China for cheap labor.