[TigerLikesRooster]

Chinese regime is on America's crosshair. On economic front, they are vulnerable because they have to sell goods and lure investment to keep their economy afloat. Otherwise, the regime would be torn into pieces by angry mass. If they retaliate by selling U.S. T-bills or nationalizing foreign corporations in China, U.S./EU would be hurt no doubt. However, it will hurt them much more as the article says. There would be no more future for Chinese regime. If U.S. and EU are on the same page againt Chinese regime, which rarely happen, it is rather ominous.

[TigerLikesRooster]

Ping!

[oceanview]

break the currency peg now!

[Dat Mon]

FROM THE ARTICLE..."We're probably headed for some heavy weather in US-China trade relations. And frankly, it's high time for the US to get tough with the Chinese," John Tkacik, a Washington-based China expert at the conservation Heritage Foundation, told AFP."

Man am I confused...here is a CONSERVATIVE...who thinks we need to get tougher with China...who is apparently worried about the yuan peg and its effect on our trade deficit with China. Ya mean China aint playin fair?

We were told to ignore Paul Craig Roberts, Lou Dobbs, etc, read all those ad hoc economic / poitical articles..and listen to some of our resident experts on this forum who tell us that trade deficits are a good thing...that we are only giving paper to China...they give us stuff...nice cheap stuff and lots of it.

Hmmmm...who to believe...

[DustyMoment]

Daddy Bush pushed for China's entrance to the WTO and W made it permanent. It was always a bad idea.

Now it's coming back to bite them in the butt.

[Sender]

If U.S. and EU are on the same page againt Chinese regime, which rarely happen, it is rather ominous.

I doubt that the US and the EU will be on the same page. If the US moves against China, look for the EU to cozy up to them and buy lots of Chinese imports.

[WilliamofCarmichael]

"We're probably headed for some heavy weather in US-China trade relations. And frankly, it's high time for the US to get tough with the Chinese," John Tkacik, a Washington-based China expert at the conservation Heritage Foundation, told AFP.

Not to worry, "free traders." The Chi-coms will be spreading money around and they already have the hearts and minds of the New Democrat Third Way progressives and their mainline (Rockefeller?) Republican "free trader" partners.

China, however, as one of the biggest holders of US Treasury bonds is therefore is a major provider of the cash needed to sustain Americans' insatiable desire for imported goods.

Insatiable desire for imported goods?! Excuse me!

It's a desire for American goods which used to be produced here until useful idiots gave away the technology for a few pieces of silver and a promise of a billion-plus market. Now you know why Lenin called them useful idiots.

BTW, who else is on that IPR watch list? One google news item reports, "Fourteen US trading partners are on the 2005 'priority watch list' meriting close attention to IPR problems: Argentina, Brazil, China, Egypt, India, Indonesia, Israel, Kuwait, Lebanon, Pakistan, the Philippines, Russia, Turkey and Venezuela."

[Iris7]

Your final paragraph is well done. The Chinese dilemma is just what you say, as I see it. The Chinese employment situation is a huge risk for the Party.

[The Old Hoosier]

Hard to sell all those old T-bills with interest rates going up...