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Sunday, 11/12/2017 10:09:49 AM

Sunday, November 12, 2017 10:09:49 AM

Post# of 10657
YSYB ( 2016 B.I.T.) was done. What happened?

The "Bilateral (Trade) Investment Agreement" ( B.I.T. ) was completed & about to be signed last year under the last administration. Everyone was very excited, including our USA's 'Fortune 500' who is invested very heavily IN CHINA..

So what happened?

China & YSYB's compliance depend on bilateral trade agreements with the U.S..
Looks like any chance of that is long gone with new trade investigations against China with Sanctions & Tariffs. Trump has rejected most all agreements & cancelled them. That affects our YSYB.


( Politico is a highly credible news source with independent highest quality journalism. )
Quoted:

https://www.politico.com/story/2017/11/08/trump-asia-trade-deal-244656

"But by pulling out of the 12-nation Trans-Pacific Partnership on his third day in office, Trump walked away from free trade deals with Japan, the world’s third largest economy, and from Vietnam, one of the fastest growing countries in the Asia-Pacific. And even though Trump said he wanted to hold bilateral free-trade talks with the TPP nations, he hasn’t been able to persuade a single country to start. The lack of progress in one-on-one trade deals with Asian countries not only shows the limitations of Trump’s “America First” trade policy, but potentially puts the U.S. in a weaker position as other countries band together to forge trade deals without the United States."
"Trump’s tough stance with Mexico and Canada during reopened discussions on the North American Free Trade Agreement could also be to blame for other countries’ cold feet, said Wendy Cutler, a former U.S. trade official who is now vice president of the Asia Society Policy Institute.
“All these countries are watching the NAFTA negotiations very closely and wondering how they will proceed and what the outcome will mean for them,” Cutler said.“My sense is everyone would prefer to wait. It’s one thing to put tough proposals on the table. It’s another to see what the outcome will be.”
Asian countries have already noticed how Trump has treated South Korea, Cutler added, referring to the president’s decision to force a renegotiation of the five-year-old U.S.-South Korea Free Trade Agreement by threatening to withdraw from the pact."
"Trump’s actions back home could also be making it tough to ink an important deal with China. Under his direction, U.S. Trade Representative Robert Lighthizer is investigating whether the U.S. should impose unilateral sanctions because of Chinese policies and practices that either fail to protect the intellectual property rights of American companies or that force U.S. companies to hand over valuable technology if they want to do business in China.
Meanwhile, the Commerce Department announced recently that it would continue to treat China as “non-market economy” in trade cases. Chinese officials have indicated they will challenge that decision at the WTO.
Cutler said she’s yet to hear a “coherent” China strategy from the administration, a point that Kennedy at CSIS echoed."

End quote.

Let's hope our skeleton of unappointed & resigned staff at the new government administration's Dept Of Commerce finds competency quickly. ((( My thanks to GetMoreShares. )))

"Top ranks of US diplomacy 'depleted at dizzying speed' under Trump"
https://www.theguardian.com/us-news/2017/nov/08/top-ranks-of-us-diplomacy-depleted-at-dizzying-speed-under-trump?CMP=Share_iOSApp_Other


China, YSYB et al, is highly affected by China / USA diplomacy abilities; especially on 'Bilateral Investment Treaties' ( B.I.T. ) that have a tremendous effect on SEC compliance. Otherwise, they'll wait for their own exchanges to mature to list at home in China, or Hong Kong. We need YSYB filing now! The sooner the better!!
We can only hope things get straight soon. C'mon YSYB!
We also hope 2018 sees many happy surprises as we forecast to happen.

5% YSYB proud shareholder FOREVER >>> GO YSYB GO >>>>
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

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