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Thursday, December 30, 2010

Tax Cuts for Super Wealthy and Corporations Cause Increase in Jobs in China

By GREGORY MYSKO FOR BUZZFLASH AT TRUTHOUT
 Guest Commentary
Submitted by BuzzFlash
Wed, 12/29/2010

In a December "Seasons Greetings"  email letter to their American membership, US-China Chamber of Commerce (USCCC) Executive Director Siva Yam outlined his group's goals for the coming year that promotes an aggressive agenda to continue the corporate emigration of American jobs to the Chinese homeland.

The letter states that for 2011, a major initiative will be to open a fulltime office in Detroit. This would be an effort to move American auto components manufacturing to Chinese factories.  Also, "USCCC will expand its activities geographically with a focus on the south in the U.S. and second- and third-tier cities in China."

The US-China Chamber of Commerce is not to be confused with the US Chamber of Commerce in Washington, even though they have similar sounding names and many parallel goals. The Washington group has been heavily involved in political efforts on behalf of mostly Republicans and lobbying that also promotes Chinese interests.

The Chicago-based USCCC gives day-to-day support for American corporations to help them speed their way in setting up shop in China. As Yam writes in the letter, in 2011, they "will be more involved directly in business transactions between the U.S. and China.  Whenever we travel to China, we will strive to meet with our members and attend their meetings whenever possible.  The travel itinerary will be available on our website www.usccc.org, blog, and other social networking tools."  In addition, they will share with their members "new opportunities on the horizon."

Yam's holiday message from the USCCC did not thank US consumers for their support of the Chinese economy by their purchases of Chinese-made products during the holiday season. He should have.

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