China Cheating 2025 Flashcards
(27 cards)
Where does China get money to give its companies in order to keep the products cheap?
China prints more of its own money and uses the cash it earns from selling lots of stuff to other countries to help its companies stay cheap
Where is the evidence that China is giving big government money (subsidies) in 2025 to electric cars, electronics like phones and microwaves, and factory upgrades, helping Chinese companies sell cheaper?
Associated Press and Financial Times - two reputable sources
What’s wrong with China subsidizing electric cars, electronics like phones and microwaves, and factory upgrades?
China then unfairly gets more profit because the profit is higher when they sell more products for cheap than selling products for more money
What are the ways China cheating the U.S. in 2025?
Subsidies, IP theft, forced tech transfers, market barriers, and export controls on key minerals
What is the first of five ways that China is cheating the U.S. in 2025?
Subsidies
What is the second of five ways that China is cheating the U.S. in 2025?
IP Theft
What is the third of five ways in which China is cheating the U.S. in 2025?
Forced tech transfers
What is the fourth of five ways China is cheating the U.S. in 2025?
Market barriers
What is the fifth of five ways China is cheating the U.S. in 2025?
Export controls on key minerals
Explain Chinese subsidies
China gives free money to its own companies so they can sell stuff super cheap
Explain IP Theft from China
China steals ideas and designs from other countries instead of making their own
Explain China’s Forced Tech Transfers
If you want to sell stuff in China, they make you give them your secrets
Explain what China’s market barriers are
China makes it really hard for other countries to sell things there
Explain China’s export controls on key minerals
China blocks the sale of rare metals to the U.S. to make U.S. weaker and control important supplies
What did the Associated Press and Financial Times say about China in 2025?
That they are giving subsidies to their businesses to keep the production cheap
What does the IP in IP Theft mean (not stand for)
Ideas, inventions, and creations that someone owns
Who owns IP?
The person or company who created the idea or invention
What is IP theft in the context of China?
When China steals ideas, inventions, and creations that someone in the U.S. owns
What is forced tech transfer?
When a company is forced to transfer ideas or inventions to do business in another country
In the context of forced tech transfers, what does China make many American companies do?
Hand over their technology if they want to sell products or build factories in China
What’s the difference between IP Theft and Forced tech transfers?
IP Theft is secretly stealing ideas without permission, and Forced tech transfer is pressuring or forcing a company to hand over its ideas in exchange for market access, not secretly
What are China’s export controls on minerals?
Rules that limit or block the sale of certain important minerals to other countries
What are market barriers that China has?
Rules and tricks that make it hard for foreign companies to sell products in China (by using high taxes, complex rules, or only letting local companies get licenses)
Why are Chinese market barriers a problem for the U.S. at all?
Because they can’t compete fairly or even enter the Chinese market at all
