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[quote=Anonymous][quote=Anonymous][quote=Anonymous]

The world is not run by fairness. It is run by what cards you have to play and CHINA holds all the cards. If you read any history china was the worlds largest economy until about 1800s. You know what collapsed their economy. They couldn't compete with slave labor and their products became pricier. And they thought they can win by closing their border. They have learned their lesson well. They are using their low wage to their advantage just as the USA used free slave labor to their advantage.

In the world of competitive advantages, you need to have big cards to play and win. US is a small market and that is a huge weakness and to offset this you need NAFTA and TPP to isolate huge markets like China. [/quote]

US is a small market? According to who? Your wishful thinking doesn't count. Here's a ranking of consumer spending power and tell me again that US is a small market and that China is huge.

https://en.wikipedia.org/wiki/List_of_largest_consumer_markets

[/quote]

That is not an apt comparison because it includes everything, including agricultural and other local products that is not part of global trade.

Second, this is most important point. The USA market is saturated and its growth is very small. Chinese consumer market is more than doubling every decade. Check mckinsey and goldman sachs report below. It is more about what China offers versus what US offers in terms of future growth. In capitalism if you don't grow you lose.

http://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/why-chinas-consumers-will-continue-to-surprise-the-world

http://www.goldmansachs.com/our-thinking/macroeconomic-insights/growth-of-china/chinese-consumer/[/quote]

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