Free Newsletters - Space News - Defense Alert - Environment Report - Energy Monitor
. Earth Science News .




TRADE WARS
China fires back at US presidential candidates
by Staff Writers
Beijing (AFP) Oct 23, 2012


Beijing urged the US presidential candidates on Tuesday to refrain from inflaming tensions with China after President Barack Obama and challenger Mitt Romney vowed to get tough with the Asian giant.

Both men vowed to be firm on China at their final presidential debate in Florida on Monday with Romney reeling off a list of alleged Chinese trade violations.

"US politicians no matter from what party should view China's development in an objective and rational light and should do more for China-US mutual trust and cooperation," foreign ministry spokesman Hong Lei said following the debate.

"The sound and steady development of China-US relations serve the fundamental interests of both countries and both peoples, it is also conducive to regional and world peace, stability and prosperity."

During the debate, Romney repeated his vow that, if elected, he would declare China to be a currency manipulator on his first day in office, charging that Beijing has kept its yuan artificially low to flood the market with cheap exports.

"They're taking jobs. They're stealing our intellectual property, our patents, our designs, our technology, hacking into our computers, counterfeiting our goods," Romney said.

But despite the tough talk, he discounted the possibility of provoking a trade war with Beijing should he win the November 6 vote.

Obama pledged cooperation with the rising power despite numerous trade disagreements and a gaping US trade deficit with China -- which stood at nearly $300 billion last year.

"China's an adversary and also a potential partner in the international community if it's following the rules," Obama said at the debate in Boca Raton.

China's state press lashed out at the anti-China tone of the discussions.

"Willing or not, Democratic or Republican, the next US president shall have to tone down his get-tough-on-China rhetoric made along the campaign trail," Xinhua news agency said in a commentary.

It added: "Both US presidential candidates vowed at their third and last debate... that they would press Beijing to 'play by the rules' in shaping their bilateral ties.

"However, their definition of 'rules of the road' is primarily pro-American."

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





TRADE WARS
Taiwan to review infrastructure opening to China
Taipei (AFP) Oct 22, 2012
Taiwan legislators on Monday demanded a thorough evaluation of sensitive sectors in which China has invested or are open to Chinese investment. The move comes as Taiwan lifts restrictions on investments by China as the two former enemies forge closer economic ties. Parliament's defence committee passed a resolution from the ruling Kuomintang party calling on security authorities to follo ... read more


TRADE WARS
Clinton hails Haitian post-quake reconstruction

Top Italy scientists resign in protest at quake ruling

Japan's radiation monitoring unreliable: Greenpeace

Japan saves 64 Chinese seamen from burning freighter

TRADE WARS
Angkor Wat builders may have had shortcut

Taking aim at rivals, Apple unveils iPad mini

Japan firm launches real-time telephone translation

Microsoft gives peek at new Windows, tablet

TRADE WARS
A Mississippi River diversion helped build Louisiana wetlands

Leisure boats threaten the Swedish West Coast archipelago

Climate change threatens marine environment in the Baltic Sea

Egypt pushes Ethiopia to scrap Nile dam

TRADE WARS
Arctic seafloor said littered with plastic

Leonardo DiCaprio urges Antarctic ocean sanctuary

Green groups presses Antarctica meet to expand marine haven

Ice sheet retreat controlled by the landscape

TRADE WARS
Panels reject study on GM corn but urge wider probes

Indian farmers cotton on to sustainable farming

Pesticides have knock-on effect for bees: study

Some 500 scientists have created a Top 10 list of plant-damaging fungi

TRADE WARS
Jamaica, Cuba issue hurricane warnings

Italian scientists sentenced to jail in quake trial

JPL Scientists Participate in ShakeOut Exercises

Hundreds of pilgrims evacuated as floods swamp Lourdes

TRADE WARS
Climate variability and conflict risk in East Africa measured by Boulder team

Two Guinea-Bissau politicians badly beaten by soldiers

Fear stalks DR Congo's rebel-held territory

Argentina: UN an option over Ghana ship seizure

TRADE WARS
Japanese lake record improves radiocarbon dating

Novel chewing gum formulation helps prevent motion sickness

Discovery of two opposite ways humans voluntarily forget unwanted memories

The evolutionary origins of our pretty smile




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement