The term fair is very subjective. As one of my professor in computer
sciences once said, "my definitition of fair is I get everything I
wanted right away".
Sure, American lost a lot of jobs in manufacturing to China, Japan,
Malaysia, Mexico, etc. But when you look at a financial point of view,
our wages are getting so high that it is impossible that a balanced
trade could occur when everything is made this way. You wouldn't imagine
the big 3 will build their factory in Manhattan, even if that means they
can force every plants outside Manhattan to follow the exact same fair
trade policy, would you?
I lost my last job to Indian IT workers, but I don't blame them, because
it is a fact of life and it is inevitable, if US set a policy against
it, we will lose business to our pal in Europe or Chinese companies.
Or, what do you think about robots replacing factory workers on the
line? Do you blame the robot manufacture? Do you blame the professors in
MIT? It is inevitable as the society move forward.
The same goes on the other side of the fence, Latin American countries
and Africa were angry at EU and US that we force them to open their
market and reduce farming subsidise, yet we are doing this on our own
farm products that we push them out of businesses. They sure blame us
for not being fair, but what do we say? "This will hurt our economy", an
exact quote from Bush, I didn't invent it.
Now back to China, you may think that they are not playing fair in
trades, and I have to admit they don't play by the book 100%. Copy
right, poor sweat shop environment, unsafe work condition, excessive
overtime, etc. It is definitely true there. However, you may notice that
they have even higher unemployment there and the reason they have so
many cheap labor is due to young people rushing to the cities looking
for job so they can send $ home to feed the elders. If you ever see
illegal Mexican immigrants waiting in the intersection of San Diego/LA
looking for day jobs, thats what I am talking about.
To them, a sweatshop is better than starving. American company knows
that too, Gaps and Walmart knew how much to sqeeze their suppliers and a
recent review on CNN mentioned an "egg soymilk" supplier to Walmart got
squeezed so bad in china that they are losing $ every can they sell
(they are already a sweat shop). Another CNN interview indicates that
Home Depot is paying only 10% of selling price to chinese vendor in some
tools they sell.
In the end, I don't think we can blame anyone for who is at fault:
US consumers want the cheapest
US vendor want to sell the cheapest and drive each other out of business
chinese suppliers got squeezed by us vendor
chinese labor got squeezed by chinese suppliers
chinese labors' unemployment problem got the chinese government to be as
aggressive as possible on trades
Maybe we can blame the US housing cost, medical insurance, lawyers with
malpractices, tax, defence budgets, credit card companies, etc. But that
wouldn't be fair either.