New U.S. export controls on China too risky: report


By Doug Palmer
WASHINGTON (Reuters) - A new U.S. government program that makes it easier to sell items with potential military uses to some companies in China should be suspended because it threatens national security, a watchdog group said on Wednesday.
The program increases the risk American goods will be illicitly sold to Syria or Iran or help China improve its armed forces, the Wisconsin Project on Nuclear Arms Control said in a report.
Two of five companies selected in October for the plan have close ties "to China's military industrial complex or to companies that have been punished by the U.S. government for proliferation or other improper export behavior," the report said.



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http://www.reuters.com/article/domes...65139520080102

I think this is a no s*** logic.
We gotta find other countries that can produce as much cheap crap as they do and try to buy it from other sellers as well.
Never look down on the power of cheap crap. That's where Korea started and look at the stuff they're churning out now. Same goes to Taiwan as well except less so because they haven't been able to have a group of really powerful international level companies to really spearhead a major breakthrough. Wonder why that is. Taiwan's got some excellent medium-big companies but no global brand yet.