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Americans’ attitudes toward China
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Senior officials from the United States and China are due to meet in Beijing for Strategic and Economic Dialogue, an annual meeting to discuss broad economic, foreign policy and security concerns. The meeting comes on the heels of a tension filled year of relations between the two global powers.
Many U.S. lawmakers who believe that Beijing deliberately undervalues its currency for an unfair trade advantage are now looking for progress on that issue at the talks.
Economists say China’s currency is pegged to the dollar at a rate that is between 15 and 40 percent lower than the level markets would set if the yuan were freely traded. This has helped its economy weather the global recession at the expense, critics argue, of jobs everywhere else in the world.
Slamming the Chinese over its currency policy is politically appealing in an election year in which U.S. unemployment is near 10 percent and China’s trade surplus is expanding again.
Has the differences between the two powers affected Americans’ attitudes toward China? We invite you to take our polls and share your thoughts.
Loading ... Loading ... Loading ... Loading ...PHOTO: National flags of U.S. and China wave in front of an international hotel in Beijing February 4, 2010. REUTERS/Jason Lee
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Beware: This thread will most likely be filled with a lot of CCP paid employees (red agents) who are paid to flood the internet with pro-Chinese propoganda.
Regardless of what they say, be sure to study the facts behind these issues. Much of what they say is fabricated and false.
American corporations and politicians are largely to blame. A nice hefty tariff on all imports and exports would bring a lot of jobs back home. But no, can’t have that. The corps would lose money, so they buy the politicians. There isn’t a politician in this country who hasn’t sold out, each one’s soul black as night.
Quick response to Kriminy: Whatever one thinks about the tint of politicians’ souls, the United States — as do many other nations, including China — has obligations as a member of the World Trade Organisation. “A nice hefty tariff on all imports and exports” would violate those obligations. Whether or not a compensatory tariff specifically aimed at a deliberately undervalued currency would be permissible is not entirely clear. I leave that question to international trade lawyers.
Actually Corporate greed is the main issue. In dealing with foreign countries…!!!
China (Anti-Democratic Government) is a very good example.
Of how corporations flock to countries where production costs are less and profit margins are greater…
Many U.S. politicians are corporation’s minions and along with corporate lobbyists have opened the door for Corporation to due shady business with these exploitative foreign governments with nothing, nada or zip repercussions’ from the American people.
Note* that China’s government has absolute power and control over it’s people. We as a free society must make Corporation accountable for allowing such a country as China becoming and even greater threat to world democracy.
Therefore, the American people must act and expel Congressmen and Senators (Minions) whose pockets are lined with corporate monies…!!! Or else, foreign policies will continue to be dictated by Corporate Greed …!!!
None of the industrialized world powers has the high ground, legally or morally to deny China their industrial revolution. However, a twenty first century industrial revolution on the scale we are seeing in China is a chilling event.
But there need to be checks and balances on either side. At this point it is a free for all for the Chinese with little or no oversight on our end. And all the multinationals care about are improved profits with no regard for the fallout in the USA.
Har!
I wouldn’t report voice-of-reason as abusive. Simply “stupid” will suffice.
Chinas recesson is coming. Their housing bubble is worse than ours was.
with this bad economy no jobs no maney the Chinese
products are goooood !
I don’t blame china for trying to bring jobs and prosperity to their people. You need look no further then good old fashioned American greed to find the source of the problem. In the 1800s the forefathers of these same
corporate executives who are sending jobs there now were bringing chinese workers here to build the transcontinenal railroad. What really irks me is our government provides them with tax breaks/incentives to do so!
http://archives.cnn.com/2000/ALLPOLITICS /stories/10/10/clinton.pntr/
Most of this has come true, except of course for the prosperity here at home and the opening of markets in china. Well, they did open their market to american jobs and perhaps that was what our friends in Washington had in mind all along.
Flip the item, see where it’s made. Chinese goods are mostly not good quality and their reputation proves that many times they are in fact dangerous, poisonous and deadly.
Flip the item, see where it’s made!
Each country ought to make their own, what ever country that can’t grow or produce a particular item, then that is the sort of item we should import. Some countries can grow coffee beans better, others can grow bananas better, kiwis and so on. USA can do wicked oranges, while Canada can grow delicious berries. Shouldn’t be a competition, more of a cooperation. Then we wouldn’t be in this mess.