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Congress says China acts unfairly

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Congress says China acts unfairly

Members charge that trade policies create unlevel playing field

David Shepardson / Detroit News Washington Bureau

Washington -- Anger at China keeps mounting in Congress.

Michigan's senior member of Congress, John Dingell, said Wednesday he wants China to drop plans to force U.S. automakers to share electric vehicle technology. It comes days after the United Steelworkers filed a complaint, saying China illegally subsidizes its clean energy sector.

Also on Wednesday, Sen. Carl Levin, D-Detroit, urged a congressional commission to look at "actions China is taking to favor its domestic renewable energy technology sector and automotive parts counterfeiting."

"We should all be alarmed by China's attempts to dominate the renewable energy industry through measures that discriminate against foreign manufacturers," Levin said.

The complaints come before the House Ways and Means Committee's scheduled Friday vote on legislation that would respond to what critics call China's deliberate efforts to undervalue its currency to boost exports.

In a letter to the Chinese ambassador to the United States, Zhang Yesui, Dingell, D-Dearborn, said China should not "require foreign automakers to hand over electric vehicle technology to their Chinese competitors in exchange for market access in China."

"China generally blocks U.S. companies from holding majority stakes in ventures and requires them to get Chinese partners. The U.S. has no such requirements for Chinese companies to acquire U.S. firms," he said.

Members on both sides of the aisle have expressed frustration as Chinese exports have soared and industrial states like Michigan have seen hundreds of thousands of jobs disappear.

"For years, U.S. workers, businesses and farmers have been held to a competitive disadvantage because of China's intervention to keep the price of Chinese goods to the U.S. artificially low and of U.S produced goods to China artificially high," said Rep. Sander Levin, D-Royal Oak, chairman of the House Ways and Means Committee.

The bill up for a Friday vote would allow the government to impose import taxes for industries that have been "materially injured" by imports from China because of undervalued currency.

Rep. Dave Camp, R-Midland, agrees that China's currency is "undervalued, and China must do more to bring it into alignment, but it is only one of many problems China must address."

Camp worries that the House legislation "will do more harm than good (and) risks undermining our efforts to address China's other protectionist policies."

The Chinese Embassy's website said some in Congress were trying to make China "a scapegoat for America's economic woes" and noted its currency value has risen 20 percent since 2005.

From The Detroit News: http://detnews.com/article/20100923/AUTO01/9230403/1148/Congress-says-China-acts-unfairly#ixzz10MNG659p

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CONGRESS VOICES CONCERNS OVER CHINA'S PROPOSED REGULATIONS TO SHARE EV TECHNOLOGY

By Drew Johnson

The Uncompact Compact Car. Get Details & Find Your Area Dealers.

www.ChevyDealer.com/WichitaFalls

Congress has spoken out against China’s proposed regulations that would require foreign automaker’s to share hybrid and electric vehicle technologies with the country’s domestic auto manufacturers.

Earlier this week China unveiled plans that would require foreign automakers to share hybrid and electric vehicle technologies with the country’s domestic auto producers. The pan would also require foreign automakers to form joint-ventures with Chinese companies before establishing a Chinese supply base, although foreign ownership of those ventures would be capped at 49 percent. Companies that refused to conform to the rules would be barred from selling in the Chinese market.

"We should all be alarmed by China's attempts to dominate the renewable energy industry through measures that discriminate against foreign manufacturers," Sen. Carl Levin, D-Detroit, said.

John Dingell, Michigan’s senior Congress member, said in a letter to China’s U.S. ambassador that China should not "require foreign automakers to hand over electric vehicle technology to their Chinese competitors in exchange for market access in China."

He continued: "China generally blocks U.S. companies from holding majority stakes in ventures and requires them to get Chinese partners. The U.S. has no such requirements for Chinese companies to acquire U.S. firms.”

China is accused of similar moves in other industries, creating quite a buzz on Capitol Hill.

A bill will be put to a vote in front of the House Ways and Means Committee on Friday, which could impose import taxes on China-made goods. It is believed that China has purposely undervalued its currency, resulting in greater Chinese exports than U.S. imports.

link:

http://www.leftlanenews.com/congress-voices-concerns-over-chinas-proposed-regulations-to-share-ev-technology.html

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Nice that they notice the problem, but are they going to do anything about it? And while we are at it, why aren't we shouting the same thing about Japan and Germany?

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Nice that they notice the problem, but are they going to do anything about it? And while we are at it, why aren't we shouting the same thing about Japan and Germany?

is fair tit for tat, or is it letting them do their thing even if you disagree with it?

or is it being brought up since "we" still own GM and.. chrysler? ...volt tech was pricey you know.. ;) ..edit, or would it be the extorting government information. :D

Edited by loki

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