Little do they really know these communists. Now the subsidies will happen quietly and secretly. Its a COMMUNIST country for heavens sakes. They will always subsidize their production of goods!
I do not believe this for an instant. All it will do is raise the price of the product while the subsidies still happen secretly, and increase the profit they make per unit.
This is a huge laff!
Actually, it's hard to imagine them being related. Subsidies affect entire industries. The whole initiative has to be wargamed before being presented. My feeling is that the Chinese are playing their usual shell game. They'll drop the subsidies and stick it to US exporters some other way - regulations tailored towards keeping out US-made products, enhanced customs inspections that require the payment of onerous inspection fees or some similarly creative measure.
It has to do with Duncan Hunter.
Pretty standard negotiating tactic. In advance of having to give up a lot, give up a little voluntarily.
Now if only they could force us to stop subsidizing US farmers...
chicom bump