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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1597 |
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The net result of this hurts the respective western countries’ economies by costing millions of job losses. Therefore, getting China to revalue its currency upwards is a great prize for the US and for other western economies and will benefit MNEs. However, the US and other western governments in their quest for this prize may need to sacrifice other complaints made to them by MNEs...
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However, the US and other western governments in their quest for this prize may need to sacrifice other complaints made to them by MNEs.
Secondly, while officially following the rules set by the WTO, the Chinese Government seems to turn blind eye to the Chinese companies who are copying a great deal of western technology as technology is badly needed in the country...
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