Thursday, November 15, 2007

Keep your eye on the army to the east

China is one place I believe we should pay much attention to. Some things never change. Let's pay attention and not let apathy get us on this one! DM

Panel: China's Spies, Unfair Policies Threaten U.S. Economy
Thursday, November 15, 2007

WASHINGTON — A congressional advisory panel said Thursday that Chinese spying represents the greatest threat to U.S. technology and recommended counterintelligence efforts to stop China from stealing the nation's manufacturing expertise.

The U.S.-China Economic and Security Review Commission also said in its annual report to Congress that small and medium manufacturers, which represent more than half the manufacturing jobs in America, "face the full brunt of China's unfair trade practices, including currency manipulation and illegal subsidies for Chinese exports."

China's economic policies create a trade relationship that is "severely out of balance" in China's favor, said the commission, which Congress set up in 2000 to investigate and report on U.S.-China issues.

More at FOXNews.com

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