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China official calls out Trump over charge of currency manipulation
Asia Times ^ | 06/29/16 | Asia Unhedged

Posted on 06/29/2016 10:17:42 AM PDT by Enlightened1

China’s Foreign Ministry has pretty much had it with Donald Trump.

Join the party.

Speaking about his trade policies on Tuesday, the presumptive Republican candidate for the US presidency called China the “grand master” of currency devaluation and said if elected he would label Beijing a currency manipulator.

Breaking with their strategy of not directly criticizing Trump, the Foreign Ministry responded on Wednesday by saying the yuan’s exchange rate was not the reason for unbalanced trade ties with the US and more to the point it said Trump’s trade policies are irrational.

For much of his campaign, Trump has focused on unfair trade deals, which he said cost American jobs. On Tuesday, he said that if elected, he would direct his treasury secretary to label China a currency manipulator, a move he said “should have been done years ago.” It’s this kind of tough talk that has helped him win voter support.

Foreign Ministry spokesman Hong Lei responded to Trump’s comments in a statement on its website: “China-U.S. trade cooperation is the ballast and propeller of bilateral relations. Its essence is mutual benefit. The yuan exchange rate is not the reason for unbalanced China-US trade.”

“We hope some individuals on the US side can objectively view China-US trade relations, do more to benefit mutual trust and cooperation, and jointly safeguard the healthy and stable development of China-US trade relations,” Hong added.
The yuan is currently hovering near a 5-1/2-year low against the dollar.

The US government has warned China that any reversion to its past exchange rate policy of keeping the yuan artificially low would trigger new US-China tensions.

(Excerpt) Read more at atimes.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Foreign Affairs
KEYWORDS: china; currency; manipulation; trump
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1 posted on 06/29/2016 10:17:42 AM PDT by Enlightened1
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To: Enlightened1

Even the guy that can’t think said something.


2 posted on 06/29/2016 10:19:16 AM PDT by Eddie01
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To: Enlightened1

So the Chinese are against Trump?

That’s sort of like Soros being against Brexit.

Keep ‘em coming. How to make the trend your friend.


3 posted on 06/29/2016 10:20:51 AM PDT by Scott from the Left Coast
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To: Enlightened1

The Chinese CLEARLY want Hitlery to win.


4 posted on 06/29/2016 10:24:40 AM PDT by SoFloFreeper ((Just say no to HRC))
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To: Enlightened1

China is WAY invested in Hillary, all those deals she made and Bill made...oh yeah...

Trump wants to shut them down, so who do you think China is going to pick? But guess what, there are more of us than there is of them...and their money....

GO.TRUMP.GO!!! ALL THE WAY TO THE OVAL OFFICE!!!


5 posted on 06/29/2016 10:26:23 AM PDT by HarleyLady27 ('THE FORCE AWAKENS!!!' Trump; Trump; Trump; Trump; 100%)
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To: Enlightened1

How come he has not called out George Soros?


6 posted on 06/29/2016 10:26:51 AM PDT by OttawaFreeper ("You'd see a different game if nobody wore a helmet". NY Rangers' Barry Beck 1983)
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To: Enlightened1

For much of his campaign, Trump has focused on unfair trade deals, which he said cost American jobs. On Tuesday, he said that if elected, he would direct his treasury secretary to label China a currency manipulator, a move he said “should have been done years ago.” It’s this kind of tough talk that has helped him win voter support.

___________________________________________________
There was an article in the Japanese press this morning on his aversion to the TPP which also mentioned that Trump would have a policy of hiring preferences for his base of “white workers.” Very interesting to see where all this is leading.


7 posted on 06/29/2016 10:28:59 AM PDT by erlayman (yw)
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To: Enlightened1

Shove it, commie bastard.


8 posted on 06/29/2016 10:31:59 AM PDT by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: Enlightened1

Hong lie.


9 posted on 06/29/2016 10:32:16 AM PDT by LibWhacker
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To: OttawaFreeper

He will, after the convention...


10 posted on 06/29/2016 10:32:46 AM PDT by HarleyLady27 ('THE FORCE AWAKENS!!!' Trump; Trump; Trump; Trump; 100%)
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To: SoFloFreeper

“The Chinese CLEARLY want Hitlery to win.”

Hell, she dresses like Mao...her hero.


11 posted on 06/29/2016 10:33:04 AM PDT by WKUHilltopper (And yet...we continue to tolerate this crap...)
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To: erlayman

China’s communists are world class liars, thugs and blusterers. The western media usually parrots their preposterous party line.


12 posted on 06/29/2016 10:36:19 AM PDT by Williams (If Trump is not the nominee ... The party's over.)
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To: Enlightened1

Over the target.


13 posted on 06/29/2016 10:36:31 AM PDT by jonrick46 (The Left has a mental disorder: A totalitarian mindset..)
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To: erlayman; All

When you played the race card and said “very interesting...” it was a dead give away you are hack.

Speaking of “Very interesting” you have no posts before 6/8/2016 or 3 weeks ago????

All Freepers click on the link and scroll down to the bottom of the page. When you click “Next Page” there are no more posts.

Erlayman is a hack designed to create doubt for Trump supporters.

http://freerepublic.com/tag/by:erlayman/index?tab=comments;brevity=full;options=no-change


14 posted on 06/29/2016 10:37:22 AM PDT by Enlightened1
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To: OttawaFreeper

“How come he has not called out George Soros?”

Soros has more money and a better organization. He could bury Trump, but it would expose him.


15 posted on 06/29/2016 10:40:23 AM PDT by EQAndyBuzz (Edmund/Liawatha 2016. If you are going to lie, lie big.)
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To: Enlightened1

I’ve been here for years and am definitely supporting Trump. Just reporting what I read. There was an article in the Japanese press (NHK) that mentioned his priority for employment policies that would benefit his white working class base.


16 posted on 06/29/2016 10:40:26 AM PDT by erlayman (yw)
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To: Enlightened1

to be honest... it’s like the pot calling the kettle black

0bama and crew have been manipulating the markets and the dollar for the last 7 years


17 posted on 06/29/2016 10:52:58 AM PDT by sten (fighting tyranny never goes out of style)
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To: erlayman

Citation


18 posted on 06/29/2016 12:20:31 PM PDT by hawg-farmer - FR..October 1998 (VMFA 235)
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To: hawg-farmer - FR..October 1998

For the Japanese article ?

http://www3.nhk.or.jp/news/html/20160629/k10010576501000.html

The implication is that Trump is trying to get his campaign back on track by promising jobs to his white support base.


19 posted on 06/29/2016 12:40:27 PM PDT by erlayman (yw)
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To: Enlightened1
This makes me think of that saying, “If you throw a rock into a pack of dogs, the one that yelps is the one that got hit.”
20 posted on 06/29/2016 2:11:43 PM PDT by Family Guy (A society's first line of defense is not the law but customs, traditions and moral values. -Williams)
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