The Conservative Cave
Current Events => Economics => Topic started by: Uhhuh35 on November 06, 2008, 02:43:09 PM
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http://www.breitbart.com/article.php?id=081106153923.81b47aw4&show_article=1
China said Thursday it hoped the United States would adhere to free trade under Barack Obama, while defending exchange rate policies criticised by the president-elect during his campaign.
"We will continue to follow a mutually beneficial foreign policy, we believe in free trade, and we believe America also believes in free trade," foreign ministry spokesman Qin Gang said.
"We hope that the policy of free trade will continue to be adhered to. We must prevent trade protectionism, which is no good for either side," he said, when asked if he thought Obama would be more protectionist.
The ChiComs are worried that an American President would be protectionist and against free trade! The world has truly turned upside down.
I am depressed!
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http://www.breitbart.com/article.php?id=081106153923.81b47aw4&show_article=1The ChiComs are worried that an American President would be protectionist and against free trade! The world has truly turned upside down.
I am depressed!
I kind of view it as a threat or warning from the ChiComs to Obama. He has stated that he wants to renegotiate trade treaties and is willing to use to tariffs to protect the Unions.