Comment: Nonsense

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Nonsense

This took me all of about 5 minutes to debunk.

This is from the Dept. of Commerce website.

What is a Foreign-Trade Zone?

A foreign-trade zone is a designated location in the United States where companies can use special procedures that help encourage U.S. activity and value added – in competition with foreign alternatives – by allowing delayed or reduced duty payments on foreign merchandise, as well as other savings.

A site which has been granted zone status may not be used for zone activity until the site has been separately approved for FTZ activation by local U.S. Customs and Border Protection (CBP) officials, and the zone activity remains under the supervision of CBP. FTZ sites and facilities remain within the jurisdiction of local, state or federal governments or agencies.

Maybe the Chinese have figured out that they had better start investing in America before all the dollars that they have purchased are worthless. I have been waiting and wondering why it has taken China so long to come back here and start investing like the Japanese did so long ago. Mainly the Chinese have been investing in acquiring strategic resources/metals from around the world including Africa and Australia.

Read more
http://ia.ita.doc.gov/ftzpage/index.html