Thursday, October 21, 2010

‘US’ Chamber Of Commerce Hosts Seminars With Chinese Gov Officials To Teach American Firms How To Outsource

http://thinkprogress.org/2010/10/19/chamber-chinese-seminar/

Among the many lies told by the U.S. Chamber of Commerce recently, chief Chamber lobbyist Bruce Josten said that his organization’s foreign affiliates, called AmChams, are only “comprised of American companies doing business abroad in those countries.” In fact, the Chinese AmCham is comprised of Chinese firms like Northern Light Venture Capital; the AmCham in Russia is comprised of Russian state-run companies like VTB Bank; and, the AmCham of Abu Dhabi is comprised of UAE state-run oil companies.

The ties between the AmChams and the U.S. Chamber are deep. In addition to sharing staff members, the Chinese AmCham has worked closely with the U.S. Chamber and the Chinese government to sponsor a series of seminars in America to teach American businesses how to outsource jobs to China (called the China Grassroots Program).

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Separately from their relationship with the AmCham affiliates, the U.S. Chamber of Commerce receives direct foreign donations to the same 501(c)(6) political account the Chamber is using to run an unprecedented $75 million attack ad campaign against progressives. In an exclusive investigation, ThinkProgress documented over 80 foreign firms donating at least $885,000 to the Chamber’s 501(c)(6) account. As ThinkProgress’ Brad Johnson noted, many of these foreign supporters of the Chamber financing its 501(c)(6) are also some of the world’s largest outsourcing companies.

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