So, how is President barack obama doing on his Asian APEX Economic trip? Well, things looked to become on a good start before the President of China gave Obama a lecture concerning the United States’ debt, and our very own economic challenges here at home as they debated within the Yuan currency issues. Interestingly enough, there wasn’t greatly talk about China’s intellectual property theft or the plastic particles within their rice exports amongst other activities.
There was a fascinating article in Terra Daily Online News within the Trade Wars Section titled; ” Obama tells Hu of American impatience with China,” by Staff Writers in Honolulu, Hawaii (AFP) and published on Nov 13, 2011. The content made reference to the Yuan Currency manipulation, among other things, and stated:
” Obama delivered the frank warning in talks around the eve of a major Asia-Pacific summit, a senior US official said, following the president earlier warned that China must “play by the rules” of international trade. But Hu retorted that the big rise in the yuan would not help the Usa, adding the united states trade deficit and unemployment were not caused by his country’s exchange rate policy, that they qualified as “responsible” and “Even if the yuan rises substantially, it will not solve problems faced through the United States.”
Okay so, it’s nice to see Obama playing all this out in the worldwide media, perhaps for brownie points here at home and also to show he’s standing up to China also when he makes his case to East Asia that if they need the united states Military to assist them against China’s encroachment, then they too need to play fair, buy US products, and not play games either.
What Obama ought to be telling China is the truth, when China keeps playing games the united states consumer stop buying all Chinese products completely, and boycott any company making products there, because that really is where the United states citizens are at at this time, and this election is coming up there is going to be plenty of animosity in the media. China needs to play fair or they’ll lose the united states market completely, and at this time they cannot afford that as the European consumer and marketplace is in a slow motion train wreck and contains already fallen from the proverbial economic cliff.
China isn’t who is fit either, therefore if they would like to still throw around rhetoric, then Obama will not be elected, and China requires a weak president like Obama because the Republicans will see to that China plays fair or they’ll close the lid on and use of US markets whatever the consequences, which will leave China like the Eurozone and also the US the last major market standing, combined with the Middle East, that do not appear to such as the Chinese all that much.
If Hu looks weak to his own country, instability is only a stone’s throw away due to inflation, jobs, civil unrest, along with other challenges in China right now, everything could collapse, right now they are able to hide the debris of their over-cooked economy, corruption, fraud, and banking realities. So, please consider all of this and be sure to consider onto it, since it is obvious that the game continues.