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Correct me if I am wrong but the WTO governs trade between two nations and not corporation that set up a corporate entity on another nations soil. Which is what
by kls 16y ago
Correct me if I am wrong but the WTO governs trade between two nations and not corporation that set up a corporate entity on another nations soil. Which is what the article was referencing (favoring their own companies on their own soil over others that incorporate there). the WTO governs the international commerce of goods and not domestic issues that are the sole dominion of that sovereign nation. I know that is pretty black and white and that their are parts that get muddled, but for the most part that is the deal.
I still contend that it is not cool to go to a foreign land set up shop as a "Chinese" corporate division under their laws and then cry foul, to a country that has laws that you favor more. If you don't like them, then you should have never set up shop there in the first place or you should lobby the Chinese to change them, not try and get lackeys back in the US to do your biding for a corporation that is truly not a US entity in the first place (They incorporated that branch in China, for all intents and purposes that division is a Chinese company not a US company).