China Gives US Nothing, but Germans Get Sweets
Some of the 9 hours of "unscripted" talks between the U.S. President Barack Obama and the Chinese President Xi Jinping in a balmy California desert over the weekend could have been used to give American companies a better opportunity to compete in the Middle Kingdom's booming economy.
But not much was heard about trade. That is in sharp contrast with the Chinese Prime Minister Li Keqiang's recent visit to Germany, where trade was hailed as part of the Sino-German "Dream Team." And dream it is. Last year, the German trade shortfall with China came in at less than 5 percent of the whopping $315 billion U.S. trade deficit with Beijing. U.S. and German exports to China were roughly comparable in 2012, but U.S. imports from China were 4.4 times bigger than what Germany bought in China.
Once again Obama has shown he is un-fit to be President......
Some of the 9 hours of "unscripted" talks between the U.S. President Barack Obama and the Chinese President Xi Jinping in a balmy California desert over the weekend could have been used to give American companies a better opportunity to compete in the Middle Kingdom's booming economy.
But not much was heard about trade. That is in sharp contrast with the Chinese Prime Minister Li Keqiang's recent visit to Germany, where trade was hailed as part of the Sino-German "Dream Team." And dream it is. Last year, the German trade shortfall with China came in at less than 5 percent of the whopping $315 billion U.S. trade deficit with Beijing. U.S. and German exports to China were roughly comparable in 2012, but U.S. imports from China were 4.4 times bigger than what Germany bought in China.
Once again Obama has shown he is un-fit to be President......
