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China blasts threatened US deadline on yuan as wrong way to handle issue
channelnews asia ^

Posted on 02/03/2005 6:10:26 PM PST by maui_hawaii

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Look at it this way... we are sending them to the ultimate of all collection agencies...
1 posted on 02/03/2005 6:10:26 PM PST by maui_hawaii
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To: maui_hawaii

they are gonna play hardball:

http://www.bloomberg.com/apps/news?pid=10000085&sid=apHjcmFIRmoQ&refer=europe


2 posted on 02/03/2005 6:11:04 PM PST by oceanview
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To: maui_hawaii

repeal MFN for china now.


3 posted on 02/03/2005 6:11:51 PM PST by oceanview
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To: maui_hawaii

US should have introduced this bill years ago...


4 posted on 02/03/2005 6:14:56 PM PST by tmp02 (Don't come to the US. We too are dipping our bullets in pig's blood)
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To: maui_hawaii
"Every country's economic and financial policy are implemented and established based on the country's specific situation," he said.

I agree. So, the United States has the right to impose a 30% tarrif on Chinese goods entering the United States.

5 posted on 02/03/2005 6:18:41 PM PST by PokeyJoe (Unvarnished Truth - Your Mileage May Vary)
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To: oceanview

Good link.


6 posted on 02/03/2005 6:20:33 PM PST by maui_hawaii
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To: maui_hawaii

The WTO will whack us on the head for this, count on it.


7 posted on 02/03/2005 6:21:15 PM PST by Arkinsaw
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To: PokeyJoe

You forgot. We are supposed to take one for the team. Their team that is...


8 posted on 02/03/2005 6:21:51 PM PST by maui_hawaii
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To: Arkinsaw
Even if they do it won't mean anything. All China will do is limit the amount of soybeans we export to them...

Oh, the horror....

The WTO has no authority in and of itself.

9 posted on 02/03/2005 6:23:16 PM PST by maui_hawaii
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To: maui_hawaii
China blasts threatened US deadline on yuan as wrong way to handle issue

Heat getting to them? Must be on the right track!

10 posted on 02/03/2005 6:23:37 PM PST by Coyoteman
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To: Coyoteman

When it hits their interests we are supposed to be 'rational'. When they do things against our interests 'its their right' to do whatever it is.


11 posted on 02/03/2005 6:26:19 PM PST by maui_hawaii
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To: maui_hawaii

Interesting. If the issue ends up as a wider international issue, the Euroweenies are going to back the US -- because they are getting screwed by the Chinese actions.


12 posted on 02/03/2005 6:43:12 PM PST by expatpat
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To: Arkinsaw

No, see #12.


13 posted on 02/03/2005 6:43:57 PM PST by expatpat
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To: maui_hawaii
""Every country's economic and financial policy are implemented and established based on the country's specific situation," he said."

And our specific situation is that we need to impose a tariff on Chinese goods to adjust for their manipulation of the exchange rate, until such time as they float the currency.

I wonder if something gets lost in the translation or if they truly are as mind-numbingly arrogant and hypocritical as they sound.
14 posted on 02/03/2005 6:44:47 PM PST by lame_internet_name
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Comment #15 Removed by Moderator

To: expatpat

I agree.


16 posted on 02/03/2005 6:48:10 PM PST by maui_hawaii
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To: lame_internet_name

A need is a need. I say we satisfy our need.


17 posted on 02/03/2005 6:49:28 PM PST by maui_hawaii
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To: 704 HAUSER ST

I would think thats about right...


18 posted on 02/03/2005 6:50:14 PM PST by maui_hawaii
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To: maui_hawaii

Personally, I don't know why we are doing this. If they want to subsidize the American consumer, then let them.


19 posted on 02/03/2005 7:33:57 PM PST by Brilliant
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To: Brilliant

because we are exporting our industrial and technology base to them, and the jobs and tax base they provide, so they can produce the finished goods they export back to us.


20 posted on 02/03/2005 7:35:18 PM PST by oceanview
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