China has become the "No. 1 scapegoat" for the U.S. economy and employment problems
China has become the "No. 1 scapegoat" for the U.S. economy and employment problems
China Construction Machinery Information
Guide: with the approaching of the U.S. presidential election, many small problems that are usually inconspicuous have been highly politicized by politicians. China, which has leapt to the second largest economy in the world, is regarded by politicians as the number one scapegoat for the sluggish economy and high unemployment rate in the United States. In this shifting politics
with the approaching of the US presidential election, many minor issues that are usually inconspicuous are highly "politicized" by politicians. China, which has leapt to the second largest economy in the world, is regarded by politicians as the "number one scapegoat" for the sluggish economy and high unemployment rate in the United States. In this political game of prevarication, there are still some people of insight in the United States who keep a clear head. They believe that China and the United States are highly dependent on each other in economy and trade, and that China's economic success is in the interests of the United States
"China's exchange rate manipulation has led to China's' unfair competitive advantage 'over the United States,"' made in China 'has robbed Americans of their jobs, causing millions of Americans to lose their jobs "," the substantial increase in China's investment in the United States endangers the independence of the U.S. economy and even the safety of the country in order to meet the requirements of humidity control accuracy "... Nowadays, whenever American politicians talk about Sino US economic and trade relations, These crimes have become the "standard lines" that people are familiar with
with the US presidential election approaching, both the opposition Republican Party and the ruling Democratic Party have highly "politicized" their trade with China. China has become their "number one scapegoat" for shifting the blame to the poor economy and high unemployment. Therefore, it seems to be a law that Sino US economic and trade frictions will inevitably increase before and after the US electionOn July 5, U.S. President Barack Obama said at his campaign in Ohio that China "abused trade regulations" and imposed more than $3 billion in tariffs on the U.S. automobile export industry. In this regard, the United States has filed a lawsuit with the WTO to hold China responsible for unfair trade practices that harm U.S. automobile manufacturers
although the White House clarified that "there is absolutely no political motivation for this matter", many Americans themselves also raised questions: Why did Obama respond six months after China imposed taxes? Is it a coincidence that he delivered a speech denouncing China in Ohio, the "heart of American manufacturing"? At the beginning of this year, the Obama administration also decided to impose high import punitive tariffs on Chinese solar panels and batteries
Romney, the Republican presidential candidate of the United States, is even more outspoken. In recent months, his tough attitude towards China has been well known. "Trade must be fair and free, so I will severely punish cheaters like China to ensure that they finally abide by the rules of the game and do not steal our jobs," he said He also vowed that if he was elected president of the United States, "he would list China as a currency manipulator on his first day in office"
"Olympic team uniform door" has become a hot spot of speculation
last week, a farce against "made in China" Olympic team uniforms was staged in the United States
as the London Olympic Games are about to start, the U.S. Olympic delegation has gradually stepped into the spotlight of the media, and the Olympic uniforms have naturally been reported by the media. The US Olympic team uniform was designed by Ralph Lauren, the founder of a famous US clothing brand. The colors are consistent with the "national flag style". The red, white and blue collocation is fresh and bright, full of retro Navy style, and "American flavor" is full
however, when people found the "made in China" on the labels of these Olympic team uniforms, the "Olympic team uniform gate" incident immediately became a hot spot of speculation by some politicians and the media. Fox even said that before the Olympic Games, "China has won the gold medal from the United States"
on July 12, reed, the majority leader of the US Senate, declared that the US Olympic Committee "should be ashamed of this practice" and that "these Olympic team uniforms should be set on fire, and then the US textile mills can remake the team uniforms representing the United States". Subsequently, another six Democratic senators said they were ready to jointly launch the "2012 us made in America bill for team uniforms"
another Democratic member of the house of representatives said that there are 600000 manufacturing job vacancies in the United States, and the U.S. Olympic Committee has outsourced the production of Olympic clothing to Chinese manufacturers! House Minority Leader Nancy Pelosi said she was proud of the U.S. athletes participating in the Olympic Games, but "they should wear U.S. made uniforms."On the 13th, the US White House said that the US Olympic Committee had pointed out that the clothes were privately sponsored and not decided by the government. The U.S. Olympic Committee also issued a statement on the same day that it was too late to replace the official uniforms of the U.S. Olympic delegation in London, but the uniforms of the U.S. team for the 2014 Winter Olympics will be produced in the United States
the fuss made by American politicians and some media has also been questioned by many people: the links with high profits such as trademarks and designs are in the United States, and the production place is in China with low labor costs, which is very common in the United States. Therefore, the United States is also the biggest beneficiary of economic globalization. Now because the Olympic team uniforms are "made in China", they will be burned. "Do you want our Olympic athletes to go naked?"PAULSON: China and the United States are highly interdependent. On the 17th, Paulson, the last Treasury Secretary of the U.S. government, said that China and the United States are highly dependent on each other in economy and trade. China's economic success is in the interests of the United States, and once China's economy has problems, it will inevitably damage the U.S. economy
he said: "maintaining a constructive relationship with China is the benefit of our national laws and regulations restricting the migration of pigments in food contact materials. Although we have differences, we also have common interests in many aspects. We can open up a new world in the economic field." He believed that China and the United States should cooperate with each other on the basis of the cooperation that has been formed between the two countries and on the principle that the United States will act on the surface of the complex micro interaction and friction, which is beneficial to the world economy and China
he believes that, in a sense, competition and friction between China and the United States is a good thing. China US bilateral trade has increased sharply in recent years, with a total volume of nearly $500billion, dozens or even hundreds of times that of the past. If there is no trade or the trade volume is small, there will be no friction. In addition, as China's manufacturing industry and exports are transitioning to high value-added products, competition with the United States is bound to increase
when talking about the politicization of Sino US trade and economic cooperation, he said that both Obama and Romney actually know that they need to cooperate with China. They both said that they "should compete according to trade rules". They do not want to provoke a trade war
he believes that the United States should also welcome Chinese investment and jobs created for the United States according to its own interests. He said: "Chinese enterprises have reached the development stage of going global. This is a window for the world to observe China." In his view, China's overseas investment has increased sharply recently, and this trend will continue in the next 10 years. "But why is it that the United States lags behind Africa, Latin America and Europe in using Chinese investment? Because Chinese enterprises feel unpopular here, they are also troubled by different regulatory requirements and do not understand the political system. I think it is in the interests of the United States to use an appropriate share of Chinese investment."Five suggestions for the next US president no matter whether Obama or Romney wins, Paulson put forward five suggestions for the next US president to strengthen China US economic and trade relations. He believed that these suggestions would ultimately help the United States to increase its economic strength and global competitiveness
first of all, it "unlocks" the restrictions on Chinese capital and cross-border investment, and gives greater openness to Chinese investment. At the same time, China should also implement a market floating exchange rate system and be in a better position to deal with some crises. Secondly, both China and the United States should strengthen the transparency and supervision of financial markets and correct the problematic financial practices that led to a large number of debts in the past. Third, strengthen confidence in each other's markets. For the United States, the policy should be adjusted to change the safety precautions of the municipal pressure blasting testing machine: the market is worried about the insufficient management capacity of the government; For China, it needs to increase policy transparency. Fourth, promote bilateral trade liberalization. The United States should gradually give China market economy status according to the division of fields. Fifth, promote technological exchanges and encourage innovation. While ensuring national security, the United States should reform its outdated high-tech export control policy towards China