Posted on 07/10/2023 6:43:45 PM PDT by elpadre
The Chinese government has made five demands on the United States, including the cancellation of its chip exports ban and sanctions, during US Treasury Secretary Janet Yellen’s four-day China trip ended Sunday.
China’s Ministry of Finance said in a statement on Monday that it has expressed concerns to Yellen about the extra tariffs, company sanctions, investment restrictions, export controls and Xinjiang product bans imposed by the US on China in recent years. It said the US should take concrete actions to respond to China’s concerns.
Chinese commentators said the China side arranged meetings between key economic officials and Yellen, showing that Beijing attaches great importance to her visit. They said Washington knows clearly what to do if it wants China to purchase its treasury bonds.
During her four-day trip ended Sunday, Yellen met with Premier Li Qiang, Vice Premier He Lifeng, Finance Minister Liu Kun and People’s Bank of China (PBoC)’s party secretary Pan Gongsheng, as well as former Vice Premier Liu He and PBoC governor Zhou Xiaochuan. She had a total of about 10 hours of discussions with them.
“China’s development is an opportunity, not a challenge, for the US. It is a gain, not a risk,” Deputy Chinese Finance Minister Liao Min said in a statement published on Monday. “Strengthening cooperation between China and the United States is the practical need and the correct choice of the two countries.”
“To achieve a healthy Sino-US economic relationship, we must fully respect the legitimate development rights and interests of all parties, and conduct healthy competition in accordance with market economic principles and World Trade Organization rules,” he said. “Differences should not be a reason for estrangement, but rather a driving force for strengthening communication and exchange.”
(Excerpt) Read more at asiatimes.com ...
They lend our corrupt politicians money that they launder back, to themselves, families and those in their favor.
And Biden countered with offering them 6 items.
Maybe Pedo Joe sent the Dwarf to China to ask XI what HE WANTS DONE FOR HIS 5 MILLION PAYMENT THIS MONTH.
PEDO WILL DEFINATELY NOT TALK ABOUT THE “QUID PRO QUO” THING ON PHONE OR COMPUTER.
Yellen had better “bow out” before they make more demands.
In Scottish, Ben Doon and Phil McCavity.
Lol
China’s industrial scale need to be respected.
For example China produces over 1 billion tons of steel per year. The USA less than 100 million (equal to Russia).
China produces 40,000 tonnes of aluminum per year. USA <1000
And that scales for heavy vehicle capacity, shipbuilding, aircraft production. ie. what you need for a lengthy war.
When I look at China I see a similar industrial behemoth that the Japs were looking at in 1940.
That’s 40,000,000 vs 1,000,000 tons of AL
Already Ben Dingover. But Ben Dovermore.
Since Congress approved the debt limit last month, our national debt has increased one BILLION dollars!!!!!!!
Who is going to buy it?? Is that the real reason she is in China?
Yellen is not an “American official”. Like all officials in DC, she is Chinese. (We are, too; we just don’t know it.)
Chinese subjects bow to their master.
She is showing exactly that this administration is sold out to China.
“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.”
- George Orwell, 1984
US should take concrete actions to respond to China’s concerns.
From now until the election the Marxists will make a big push to obey in many ways D.C. going to get very busy.
China also told her that Ukraine is a Russian internal issue, similar to Taiwan vis a vis the PRC.
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