Tuesday, August 15, 2006

Do You do Business with China?

The Chinese are supposed to be floating the yuan. Do you see this as an effective approach to helping you become more competitive? Does it go far enough?

Answers to questions like this must have a positive impact on your ability to be competitive in the Chinese markets.

For nearly 16 years, I have tried to raise the issue of our trade deficit with Japan and then with the menace of China. No one in either the Clinton or the Bush administrations, or in Congress, have paid much attention. That's why we find ourselves in our current predicament.

It's up to you, the exporter, to monitor the situation and raise hell when you encounter competitive conditions that are created to frustrate our efforts to penetrate markets.

There is a book written by Ravi Batra, "Greenspan's Fraud", that suggests how we can address these problems. This book gives me hope that we can do something positive.

The usual anti-trade coalition of liberals, unions and protectionists tried to defeat CAFTA or create an instrument that those affected could not live up to, making the agreement untenable. Hopefully, as a trader, you have voiced your opinion to the power brokers. We encourage you to raise your voices with them and with us.

Have you ever tried to have input on the selection of Chairmen of the Ex-Im Bank? Both Presidents Bush (HW and W) appointed losers to this position in the past. We'll be watching the newly appointeds to see how they treat small business.

Some choices for Secretaries of Commerce have come out of left field - the current DOC Secretary is an exception.

It's your business that is at stake. What are you going to do about it? We'd like to hear.

1 Comments:

Blogger Export said...

China

Our company is still attempting to register a product for importation to China after 2 years and many thousands of dollars in legal fees. This is a product that is widely accepted and sold in many diverse markets around the world, i.e., Japan, Egypt, Canada, etc. However, it seems that each time we have provided the necessary documents requested, the goal posts are moved with ammended or new documents requested, producing further delays.
To me, these are clearly non-tariff trade barriers and thus far, none of our government agencies seem to have the will or interest in assisting in the matter, not that we have learned to rely on this sector for getting the job done.

CAFTA

We are very pleased with our sales growth in Central America, which we can partially attribute to the CAFTA. Our Trade Representative office needs to continue an agressive approach to bi-lateral agreements, as well as regional agreements. We are 2 steps behind most other industrial nations in forging trade agreements, extraneous to the WTO initiatives.

11:21 AM  

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