"China’s Unethical Practices" a discussion of M.Azim Ulfati

"The regime in China has been known to manipulate it currency creating a competitive a world competitive advantage for the manufacturing of goods. Evaluate the impact to the U.S. manufacturing industry and make a recommendation on how the U.S. should deal with the practice of currency manipulation."

I think that manipulation of China’s currency and its unethical practices impacts to the US. Manufacturing industry. Chinese currency manipulation undermines American manufacturing and our very own job-creating efforts.

The unethical practices includes stealing intellectual property of the US, flooding the US market with cheap goods, child labor, wage and hour issues and poor working conditions, the traditional gift giving for the purpose of building network connections, bribery concepts and corruption affects all the shareholders of the USA in the business. These practices have a lot of negative impacts to the USA economy and business of the companies that can take the businesses of the United States of America down in the long term.

I think the United States of America needs to pass a bill and enforcement of a trade law and include new ways of administration and management to fight currency manipulation and improve oversight of currency exchange rates and the Treasury Department should undervalue and trigger tough consequences and sanctions for Chinese’ s unfair trade.

"China has been known to violate the intellectual property rights related to technology, goods, and services, harming the companies from which it steals. Make a recommendation on how a U.S. company that has fallen victim to this Chinese practice should respond so as to protect its intellectual property."

The US companies must set up their own manufacturing and trade rules and laws and enforce them in order to have more access and freedom to legally run their businesses. They need to best protect their intellectual property assets and understand the various pieces that make up their IP portfolio that should include trademarks, copy rights, patents and trade secrets owned or used by the company in its business. And also they need to have some suggested practices that businesses can utilize as part of their overall anti- counterfeiting and piracy strategy.

The US Companies should also urge the Administration to continue to press China to abandon its protectionist policies that disadvantage U.S. manufacturing companies, employees and communities and in order to achieve open and free trade, China should end its import barriers on industrial good, export restrictions on raw materials, limit on foreign investments, state subsidies to its manufacturing industries and undervaluation of its currency.