China 'gaming the trading system': Obama

Discussion in 'China' started by JayATL, Oct 6, 2011.

  1. JayATL

    JayATL Senior Member Senior Member

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    US President Barack Obama on Thursday accused China of "gaming the trading system to its advantage" and intervening in currency markets to keep its yuan unfairly low against the dollar.

    Obama told a press conference he believed that Washington could have a "win-win trading relationship with Beijing" but added: "Trade is great as long as everybody's playing by the same rules
    China currency bill poised for US Senate passage - Yahoo! News
     
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  3. nrj

    nrj Stars and Ambassadors Stars and Ambassadors

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    LOL Obama demanding play of fair rules. I'd like to see if he can do anything more than accusations on this.
     
  4. JayATL

    JayATL Senior Member Senior Member

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    Just nothing to add meaningful eh?
     
  5. nrj

    nrj Stars and Ambassadors Stars and Ambassadors

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    If you didnt understand any part of that, try harder or don't.

    And now since you are on agenda of seeking meaning, please elaborate what actions does obama plan after these accusations which was essentially other part of my earlier post. Or you didnt find anything to reply on that?
     
    Last edited: Oct 6, 2011
  6. trackwhack

    trackwhack Tihar Jail Banned

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    Is not - Wake up and Smell the Coffee and American idiom?

    For the last few years a lot of American senators kept barking about how Indians were stealing all the jobs and the whole H1B furore. Ignoring the obvious. In 2010 China overtook America as the largest manufacturing nation in the world. Where do you think they took all those jobs from.
     
  7. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    Politicians were screaming about outsourcing which saved money and and added earnings to corporations and which impacted a small part of technology meanwhile China stole the whole manufacturing base out of the US economy,very few things are produced in USA anymore.
     
  8. nrj

    nrj Stars and Ambassadors Stars and Ambassadors

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    Senators want to punish Bejing for unfairly playing currency? :lol:

    Let me see who in WTO entertain it if at all it reaches WTO...

    Take it to WTO & then take it back!
     
    LurkerBaba likes this.
  9. agentperry

    agentperry Senior Member Senior Member

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    barak obama: bark bark bark bark.

    back at office. we need economical solution to go on with our tradition of warring in the world. hmmm i think drones will do.

    usa would have been taking more radical step if mccain would have won elec for us pres.
     
  10. JayATL

    JayATL Senior Member Senior Member

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    meaningful thinking- means you think with meaning and not judge the " LOL what actions is he going to do".

    You know " India says ISI was behind Mumbai attacks" " India says Pakistan funding terrorist than have killed 60,000 of its citizens over the years in kashmir"

    Now what has India done about Pakistan? per your logic it should stop making statements and we should / I should say "LOL India demanding play of fair rules. I'd like to see if she can do anything more than accusations on this"...

    They are trying to do somethings , but have limited solutions. that does not absolve the fact the President of the most powerful nation in the world is voicing his concern-- that bully pulpit itself is an " action" ...
     
  11. JayATL

    JayATL Senior Member Senior Member

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    so you want them to go to war over it, ignore WTO compliance.... heh . So you can then call the US a bully that uses illegal ways ( against WTO laws).. go figure.
     
  12. nrj

    nrj Stars and Ambassadors Stars and Ambassadors

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    Are you high? What pakistan or India has got to do with this thread? Stick to topic.

    LOL is justified because its funny when Obama can not back the bill but just give out such comments.

    So why is this world's most powerful nation troubled with undervalued yuan?

    Please tell us why Obama is not knocking WTO's doors?

    And you still haven't replied about what Obama plans to do apart from these accusation which was the original question.
     
    Last edited: Oct 6, 2011

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