A Quote by Max Baucus

Trade and investment have come to be the foundation, the ballast, of the U.S.-China relationship, providing great stability. — © Max Baucus
Trade and investment have come to be the foundation, the ballast, of the U.S.-China relationship, providing great stability.
China are running trade deficits with the rest of the world. If you look at the U.S. trade deficit, it's close to $800 billion trade in goods. Half of that is with China, so it's a big part of the problem. And the problem with China, as opposed to, say, Canada, is that China cheats.
Three year sof unconditional MFN have not lead to any subtantial improvement in human rights, trade and nuclear proliferation practice of the Chinese government. In addition to the trade barriers, China has marred our trade relationship wit prison labor or export and other unfair trade practices.
On trade, a Conservative government would challenge China's actions on canola and meat imports through the World Trade Organization and withdraw funding from the Chinese-run Asia Infrastructure Investment Bank.
It is in the interests of all of us - the United States, China and the rest of the world - to make sure that the rules of the road are upheld. These rules and norms are part of the foundation of regional stability, and they have allowed nations across the region, including China, to grow and prosper.
We have trade with China. We lose hundreds of billions of dollars a year on trade with China. They know how I feel. It's not going to continue like that. But if China helps us, I feel a lot differently toward trade. A lot differently toward trade.
If money is the root of all evil, then China's manipulation of its currency, the yuan, is the tap root of everything wrong with the U.S.-China trade relationship.
As commerce secretary, I led the Clinton administration's effort to ensure China's entry into the World Trade Organization and the permanent normalization of trade between the U.S. and China - steps that produced a 76 percent increase in U.S. exports to China in just three years.
China's productive system draws upon the other East Asian countries to a great extent. The volume of trade is much larger than the net amount being exported from China. China needs substantial reserves to finance all that.
At the same time, African aims to intensify cooperation with China in the fields of trade, investment and agriculture.
A vow imparts stability, ballast and firmness to one's character.
In my movie, "Death By China," it shows Bill Clinton in 2000 promising that when China got into the World Trade Organization we would be making products here and selling them there, and life would be great. Just the opposite has happened. And here's why this has been so devastating - China went into the World Trade Organization and agreed to play by certain rules. Instead, it's violated these rules. For 15 years, it continues to illegally subsidize its exports.
The position is that stability and peace in Asia depend on a cooperative relationship between China and the United States.
The government is also looking at further benefits including enhanced capital allowances; the use of Tax Incremental Finance; and extra help from UK Trade and Investment on inward investment and trade opportunities.
No other investment yields as great a return as the investment in education. An educated workforce is the foundation of every community and the future of every economy.
During the 1999 debate over Permanent Normal Trade Relations with China President Bill Clinton said, 'In opening the economy of China, the agreement will create unprecedented opportunities for American farmers, workers and companies to compete successfully in China's market. WRONG: Our trade deficit with China has increased from $83 billion in 2001 to a record breaking $342 billion in 2014.
The far more likely Trump scenario is this: Chinese leaders realize they no longer have a weak leader in the White House; China ceases its unfair trade practices. America's massive trade deficit with China comes peacefully and prosperously back into balance, and both the U.S. and Chinese economies benefit from trade.
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