Our approach to labor here is, frankly, totalitarian. Workers have no real power to raise their wages, negotiate benefits or save their jobs come time for quarterly earnings reports, besides labor unions already corrupted in the course of maintaining their flimsy connections to power. Perhaps by approaching China as one large company run by the government, we can evade formal concession of their right to govern themselves however they like. Or else we can convert them, humanize the savages, if you will. The nature of our economic system is such that it requires corporations to either increase revenue or lower expenses at all times to maintain strong profit margins.
China is key to the sustained fulfillment of both criteria.
The Chinese need an influx of greenbacks, but we need their bodies more. With over a billion people, China is a massive virgin territory, really the last major one left for American capital. We want them, passionately, and aren't averse to bribery, threats and coercion. After giving them enough missile technology to wipe us out as soon as they can afford more warheads, we set about integrating them into the global swap-meet. The question of funding remains unresolved since Bush wants to distance his government from that of Clinton on every level, even if it means missing the chance to put his supposed rival in prison.