China currency free trade zone boise idaho

China currency free trade zone boise idaho

Posted: Andrei_787 Date of post: 23.05.2017

UPDATE - From WND:. A key argument of Corsi's book, "America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving USA Sovereignty," is that China will not long continue to subsidize the Obama administration's trillion-dollar annual federal budget deficits without demanding U.

Simomach has sweetened the deal by offering to finance the development of the fertilizer plant with Chinese-government provided funds. Simomach has sent delegations to Ohio, Michigan and Pennsylvania to talk about setting up research and development bases and industrial parks. Much of the following information was found here.

I have posted about this beforebut have since learned a bit more. Basically, it boils down to 30, acres of Idaho land being set aside for China as a Foreign Trade Zone or Special Economic Zone.

Workers would come from China to live and work in this tax-free zone as a way to buy their citizenship. Anything produced there would be considered an "export" to the U.

China's Shaanxi Province kicks off new trade & business exploration

This would be one of almost such zones already in the country. State and Federal law still applies in the zone but law enforcement enters through invitation only.

China currency free trade zone boise idaho - Currency rates all countries

There are Border Patrol and Customs agents that regulate the comings and goings. Any workers that come here would likely live, eat, and purchase inside the zone, which would provide very little, if any, increase to the local economy.

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There is no obligation to hire any Americans to work inside the zone, so it would not make any dent in the unemployment rate of the area. Foreign Trade Zones have been around for quite a while. Initially, it seems they were thought up as a way for local companies to bring in less expensive workers from outside the country, pay less for importing goods duty-free, and then "export" a finished product without having to ship it from over seas.

However, over the years, the concept free audio books on stock market an FTZ has changed. If there is no direct economic benefit from the people that move here, no benefit to the unemployed china currency free trade zone boise idaho already live here, and Idaho is granting 30, acres to a foreign country out of the goodness of binary options trading bot political hearts Who's pockets are getting lined from this deal?

china currency free trade zone boise idaho

One email China currency free trade zone boise idaho have read suggests that it is a kickback to China since the U. I have some more reading to do on the subject, but so far the whole deal seems fishy to me.

Once a FTZ, they fall under federal management and the Customs and Border Patrol secure the premises. State and local laws still apply in the FTZ but local law enforcement must be called by the CBP to enter the zone.

China invades U.S. with ‘free-trade zones’

Customs randomly inspect the imports and exports of goods. Foreign companies can also move into these zones and hire workers that have foreign visas. There is a big push to get American businesses to export their goods. It provides gambling addiction stock trading for a few and starves the many.

china currency free trade zone boise idaho

In June of Idaho Gov. Microsoft symbols stock market history Otter and a delegation including local businesses went on a trade mission to China.

china currency free trade zone boise idaho

The businesses were looking for Chinese that would purchase their goods that could be imported into China, while Gov. Otter invited the Communist Chinese to bring their money and move to Idaho to invest in our economy thru the EB-5 visas.

The investor is given a green card and in 5 years can get U. The 10 new jobs created do not have to go to Americans. The EB-5 Regional Centers are all over the U. If the investor chooses to invest in a center they can move and live anywhere they want. Many Communist Chinese are choosing the centers because they do not have to manage a business and can still get U. Home Archives About Contact.

Foreign Trade Zone in Boise? UPDATE - From WND: Other Chinese companies are already active in Idaho, according to Barker. Read the whole story at the link above. Add new comment reads Facebook Like Google Plus One Tweet Widget Permalink.

Foreign Trade Zone in Boise? | mangrumsNet

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