Vietnam turning Chinese refuse tip?

Published: 17/05/2013 04:43



Chinese toxic products have been flooding the Vietnamese market for the last many years. However, the problem has become more serious, more alarming, because they are undermining the national economy and harming Vietnamese people.

Experts, at many business forums, repeatedly say this is the “trap” of the liberalized trade which would make Vietnam turn into the refuse tip for Chinese low quality products. Installing trade barriers to prevent low quality toxic products from China should be seen as an urgent work which must not be delayed.

The “deadly seduction”

It’s undeniable that China, with 1.3 billion people, the second biggest economy in the world, is an attractive market. However, this is a “deadly seduction.”

Tens of economies in the world have problems in their trade and investment relations with China. Meanwhile, the country with the highest number of population proves to be very keen on using diplomatic and political instruments together with economic measures to retaliate the economies which have disputes with it.

“Death by China,” the book written by the US Professor of Economics from California University Peter Navarro, therefore, has caught the special attention from all over the world.

The book mentions the most urgent problem facing America today – its increasingly destructive economic trade relationship with a rapidly rising China. Since China began flooding US market in 2001, 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 to the world’s largest nation.

A lot of scandals relating to the Chinese toxic products discovered recently have made people shiver. One toxic cooking case is discovered every day on average. The “hidden killers” sourced from China have still been present on the dinner tables of millions of families all over the world. Many countries have unanimously said “no” to Chinese products.

The “true face” of Chinese merchants

Chinese merchants went to every corner in Vietnamese urban and rural areas to seek to buy what they wanted. They came to the ethnic minority people’s area in the north to collect cow and buffalo hooves, to the Central Highlands to collect pepper tree roots, to Thai Nguyen province to gather tea beans, to the Mekong Delta in the south to collect seafood, to Da Lat to buy roses.

They also collected bloodsuckers, dry mango tree leaves and herbal materials. Most recently, Chinese merchants went to the Gia Lai province to collect forest tree roots.

Wherever the Chinese merchants set their foot in, the local economies were damaged. In 2011, they came to Cu Chi district in HCM City, promising to collect bloodsuckers at high prices, and then went away in quietness, leaving the local rice fields full of collected unsold bloodsuckers and the fear for people.

The farmers in a large northern area once rushed to kill buffaloes and cows to sell to Chinese merchants for money. As a result, they had no more buffaloes for rice field cultivation. Then Chinese merchants brought buffalos and agriculture machines to the area to sell to Vietnamese farmers at high prices.

Chinese merchants once flocked to Lang Son province to seek to purchase anise roots at high prices. This prompted local residents to chop down anises in masses. The merchants came to incite local farmers to chop down corn fields to sell corn silk to them. They collected yellow tea, encouraging farmers to demolish tea growing area. By doing so, Chinese tried to damage the farm material growing areas.


Provide by Vietnam Travel

Vietnam turning Chinese refuse tip? - Business News |  vietnam travel company

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