China Documentary: "Death By China" Plus 3 Clips From the Movie

-The economically illiterate documentary! 

Learn more: http://www.deathbychina.com
Facebook: http://www.facebook.com/deathbychina
Twitter: http://www.twitter.com/deathbychina

DEATH BY CHINA Documentary
From best-selling author and filmmaker, Peter Navarro, comes DEATH BY CHINA, a documentary feature that pointedly confronts the most urgent problem facing America today -- its increasingly destructive economic trade relationship with a rapidly rising China.

Since China began flooding U.S. markets with illegally subsidized products in 2001, over 50,000 American factories have disappeared, more than 25 million Americans can't find a decent job, and America now owes more than 3 trillion dollars to the world's largest totalitarian nation. Through compelling interviews with voices across the political spectrum, DEATH BY CHINA exposes that the U.S.-China relationship is broken and must be fixed if the world is going to be a place of peace and prosperity.

Premiering in Los Angeles on August 17, 2012 and in NYC on August 24th, DEATH BY CHINA will be touring cities across the U.S.

Visit http://www.deathbychina.com for screening locations and additional dates.

Let us know your thoughts on this important issue with your comments. Please read our social media comments policy at:http://www.deathbychinamovie.com/social-media-comments-policy

http://youtu.be/W0VjwU8cWEw

Let's take fish. There are 3.5 million fish farms in China. The fish are raised in contaminated ponds. They are fed all kinds of hormones, and the biggest market for that fish is the United States. 85% of the tilapia comes from China. Most of our shrimp comes from China. US FDA only has the ability to inspect one percent of the fish coming into the United States. Sixty five percent of the one percent they reject. They don't have the authority to confiscate the fish so if the ship comes into Charleston and gets rejected, then it goes to Miami or New Orleans or some other port and eventually the fish gets in.

http://youtu.be/4OCopvEf3UE

INTERVIEWER (OS): When a consumer goes into WalMart and picks up a good made in China, what do you want them to think about before they get to the cash register?

RICHARD TRUMKA: Think about your relative that just got laid off or the factory that just got shut down. Think about the school that is doing with less because the manufacturing base has gone and the tax base has left. Think about the lower income that you're receiving now because we're not making products, and we're not buying our own products.

SHIZHONG CHEN: When Americans buy products from WalMart, I want them to remember the children, the family, the workers who has earned very, very little from those products.

GORDON CHANG: This is not just an economic matter. This is a security matter because the Chinese government has made it clear that it wants to undermine America's role in the world. So, yea, things are cheap at WalMart; but we have to understand the consequences.

INTERVIEWER (OS): When a consumer goes into WalMart and picks up a good made in China, what do you want them to think about before they get to the cash register?

RICHARD TRUMKA: Think about your relative that just got laid off or the factory that just got shut down. Think about the school that is doing with less because the manufacturing base has gone and the tax base has left. Think about the lower income that you're receiving now because we're not making products, and we're not buying our own products.

http://youtu.be/nWZNmOpAiHE

We design the iPad. Great! We get the profits from the iPad. Fine. We don't get the jobs.

They are pursuing maximizing profit; that's their goal. The country is losing the wage bill; and its goal is to have wages.

Ironically, nobody understood this growing divergence between corporate interests and the common good better than Candidate Bill Clinton during the 1992 elections.

PRESIDENT BILL CLINTON: Do your part. You must be responsible. American companies must act like American companies again, exporting products not jobs.

But such corporate irresponsibility wasn't always the American way.

Corporations used to think they had a stakeholder theory. In other words, they had a responsibility to the nation, to their community, to their workers, and to their shareholders. Something morphed in our own system about twenty, twenty-five years ago where shareholder value become the end-all and be-all, and then the CEOs tied their own compensation to shareholder value, and then other countries figured out how to incentivize them to increase short term shareholder value by transferring production, manufacturing, R&D there.
http://youtu.be/XIWkCNJRm-M