JIAXING, China ? Billionaire investor Wilbur Ross has taken aim at China for what he describes as its unfair trade practices as well as stealing jobs, but at least one of Ross`s companies has sought to benefit from off-shoring jobs to China.
"But I am pro-sensible trade, not trade that is to the disadvantage of the American worker and to the American manufacturing community.
In fact, some in the Chinese business community have even conjectured that Ross`s experiences in manufacturing and the global supply chain could make him a more moderate voice on China within the Trump administration.
The downsizing was significant enough for the U.S. Labor Department to offer trade adjustment assistance to the American workers.
Ross sold out of the textile operation only weeks before the U.S. presidential election.
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