China: Obama Acting Dangerously

Making friends all over the world. How much do we owe them, again. Maybe Obama sees room for only one commmunist superpower?

Experts said the dispute appeared likely to intensify sparring between the world's biggest and third-biggest economies, but was unlikely to spark a full-scale trade war.

China responded swiftly and vehemently to the decision, saying it may complain to the World Trade Organization and then announcing its own anti-dumping investigations of motor vehicles and chicken products from the United States.

"Obama has undoubtedly chosen a dangerous gambit," said the International Business Daily, a Chinese-language daily issued by China's Ministry of Commerce.

"The Chinese business world that has been wronged by this will not sit still on this, and even tougher contention between China and the United States may be looming."

Comments

[Alex]

Well who is going to buy our now!?

[Alex]

Ummm, that would be debt....preview before you post!

[Lala]

Why do this? A plot of some sort?

[Ran]

We're diluting our debt with dishonest money, deliberately slowing our productivity and purchasing capacity, de-funding our military, now we're slapping tariffs... What's next?

Help China establish a pretext for consuming Taiwan/Formosa?

[WestWright]

When did the Unions and the State Dept become co-conspirators working for Red China? Which Czar was key in this decision??