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China’s China Trade Playbook

Image by Third Way
This new infographic illustrates the “top plays” that China uses to protect its favored firms from U.S. China import competition. These include “enhancing performance” through illegal subsidies, “stealing the play” by robbing valuable American ideas, and “running out the clock” on China’s long-promised market reforms.

To counter China’s playbook, American needs a new China game plan that goes beyond countering unfair currency manipulation—a plan that will use aggressive China trade enforcement, stricter rules and strong allies to help America’s exporters and workers go on offense and score more business in China’ lucrative and growing market.

READ THE REPORT HERE: China’s China Trade Barrier Playbook: Why America Needs a New Game Plan thirdway.org/publications/483

Chartered Bank of India, Australia and China Bill of Exchange

Image by Canadian Pacific
I bought this 1953 Chartered Bank ephemera recently on eBay for USD . It dates from 1953 and was issued in Teluk Anson, Malaysia.

The seller listed it as a bank cheque, but I suspect it’s more like a Bill of Exchange for China importer to make payment to a foreign exporter. The negotiable instrument was sent to and cashed in India, via Indian Overseas Bank.

I’ve published a brief history of Standard Chartered plc, the present name of the Chartered Bank of India, Australia and China.
bankingmergers.blogspot.ca/2010/02/great-britain-bank-mer…

Nice Exporter China photos
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