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Let Chinese companies purchase or merge with U.S. companies unless the
American company has genuine advanced military technology. We should
also require reciprocity. Take the recent China National Offshore Oil
Corporation Ltd. (CNOOC) bid to purchase Unocal Corp. Hysteria led to
passage of a ridiculous House resolution by 398 to 15 expressing
national security concerns about the deal, which involved a scant 0.8
percent of U.S. oil production. Instead, the United States should have
responded as China would: Use the deal as leverage. America's
politicians should have welcomed the CNOOC deal as long as China
changed its own oil policies, which prevent foreign companies from
operating Chlorzoxazone 500mg Tablets gas stations in China, compel them to use Chinese companies
when exploring for oil and almost always offer exploration leases for
foreigners at the edges of promising fields to help China pinpoint the
location of the biggest reservoirs for its own drillers.
Develop smart, workable rules on technology exports. Since the
mid-1990s, China has been able to purchase almost any commercial
technology it desires from Japan, Israel, Russia or the European
Union. Bogged down in a bureaucratic quagmire of ever-changing rules
and approval processes, U.S. machine tool makers and silicon chip
equipment manufacturers have fallen behind. If this continues, we will
endanger our own national security base by weakening our technology
companies and their R&D capabilities. Nevertheless, many in Washington
favor "catch-all control" regulations that could, for example, block a
U.S. truck engine manufacturer from doing business with a Chinese firm
that supplies some engines for Chinese army trucks. European and
Japanese truck engine makers doubtless will be deeply grateful.
Vigorously push trade issues that provide a long-term win-win for
China and its trading partners. Our focus should be intellectual
property rights (IPR) protection. China's original modernization model
was to invite foreign firms to manufacture for export in
joint-ventures with Chinese companies. China was then supposed to
learn to build its own companies and products. Chlorzoxazone 500 But many huge companies
have been built through the wholesale theft of intellectual property
and rampant Buy Chlorzoxazone copying of products. Within a three-block radius of my
Beijing apartment, there are Chlorzoxazone 500mg several dozen shops selling any Hollywood
movie or American television series of note for $1 per DVD, copies of
Prada and Louis Vuitton handbags for $10, nearly perfect copies of
Callaway or Taylor Made golf clubs for $150, and fake North Face
parkas for $35. Copied pharmaceuticals, car parts and the whole gamut
of industrial products are plentiful across China. Worse, more and
more such products are being exported. Chinese piracy is rapidly
undermining political support for China in Congress and hampering the
growth of its most innovative companies.
China knows the problem needs fixing but fears job losses and
potential unrest in the towns and villages that host copycat
factories. New U.S. Trade Representative Rob Portman could take a
lesson from a predecessor, Charlene Barshefsky, who drafted a road map
to guide China to WTO accession. As with WTO, China lacks the
political will or consensus to come up with a plan on its own. The
U.S. government should also back a new effort by the U.S. Chamber of
Commerce and the American Chamber of Commerce in China to rate Chinese
provinces and cities by their level of IPR enforcement. Public
embarrassment and internal competition for foreign investment may
prove to be stronger motivators than foreign complaints.
I understand America's genuine security concerns regarding China. But
they should not be overblown to the point where they undermine our
economic security. I also understand that reaching a political
consensus isn't easy. But I am worried about the erosion of the
sensible center. Chinese and U.S. politicians share the Chlorzoxazone Price blame. As a
global economic power, China can no longer employ IPR policies
appropriate for a banana republic. And responsible members of Congress
can no longer gin up China hysteria to get votes.
The stakes are getting Chlorzoxazone Tablets too high.
Author's e-mail: jlmcgregor at jlmcgregor.com
James McGregor Chlorzoxazone 500 Mg is a journalist-turned-businessman and former chairman
of the American Chamber of Commerce in China. His book "One Billion
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