Instead of trade war with China here is my proposal

in #politics6 years ago

This,I believe, is more appropriate and perhaps more effective than trade tariffs with respect to US and China relations. To enter the Chinese market when is often required to form a 50% shareholder local partner in the form of joint venture. This will apply to residential and commercial real estate as well as technology companies.

All Chinese owned property in the United States or its territories must become 50% American citizen owned. Joint ventures are risky business whether or not they are in China. In many cases they end up being nothing other than intellectual property theft of factories.

In order to have a more equal relationship between us and China the US should require all existing Chinese investments in the US to find 50% shareholder US partners or for forfeit 50% 9f their holdings being auctioned off to perspective American buyers at the highest bidder but not the market rate. All Chinese owned companies that have offices in the US are to have American citizen local directors by law. All Chinese technology companies selling the US are to become 50% American citizen owned joint ventures with respect to any legal entities existing in the US owned by that Chinese company. in order to sell in the US market they are required to have a local company that is 50% American citizen owned.

This will create a lot of jobs and transfer a lot of wealth back to the US. If the Chinese government opposes this they can put up for International auction the 50% Chinese half owned joint ventures operating in China with no restrictions whatsoever on who the buyer can be and where they live or what their nationality is.

This is the proper way to handle China. It's a relationship of equality.

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I think u r right
In this way both the country get benefit.

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