- Aug 6, 2012
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Just keep listening to me folks and you will understand how Communists and their socialists pals work. Not in regards to this latest tariffs, but I have said in the past that China will not retaliate as they know that it is THEY that have abused fair trade, America is retaliating.
Of COURSE they will open up markets rather than have their Communist system collapse when America says "we can find other low wage jurisdictions to work with"
If they apply tariffs, it won't hurt America nearly as much as China. A trade war with America would be horrible for them, put them 20 years back.
Trump’s Tough Talk On China Works: China’s Premier Pledges Opening Market To Avert Trade War
Trump's Tough Talk On China Works: China's Premier Pledges Opening Market To Avert Trade War
Today, Chinese Premier Li Keqiang said that Bejing is now pushing for talks to correct Chinese-US trade imbalances, rather than a trade war which he believes will hurt both countries. Speaking at a press conference Mr. Li stated, “With regard to trade imbalances, China and the United States should adopt a pragmatic and rational attitude, promote balancing through expansion of trade, and stick to negotiations to resolve differences and friction.”
Premier Li pledged to make access for American business easier in China and that, going forward, China will treat foreign and domestic companies equally, without pushing US-firms to transfer intellectual property rights as it has done before. The theft of intellectual property and US-developed technologies has long-since been a point of contention for the US.
Of COURSE they will open up markets rather than have their Communist system collapse when America says "we can find other low wage jurisdictions to work with"
If they apply tariffs, it won't hurt America nearly as much as China. A trade war with America would be horrible for them, put them 20 years back.
Trump’s Tough Talk On China Works: China’s Premier Pledges Opening Market To Avert Trade War
Trump's Tough Talk On China Works: China's Premier Pledges Opening Market To Avert Trade War
Today, Chinese Premier Li Keqiang said that Bejing is now pushing for talks to correct Chinese-US trade imbalances, rather than a trade war which he believes will hurt both countries. Speaking at a press conference Mr. Li stated, “With regard to trade imbalances, China and the United States should adopt a pragmatic and rational attitude, promote balancing through expansion of trade, and stick to negotiations to resolve differences and friction.”
Premier Li pledged to make access for American business easier in China and that, going forward, China will treat foreign and domestic companies equally, without pushing US-firms to transfer intellectual property rights as it has done before. The theft of intellectual property and US-developed technologies has long-since been a point of contention for the US.
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