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For the US, China is both friend and foe

Published: 15 February, 2012, 03:24
Edited: 15 February, 2012, 08:46

UNITED STATES, Washington : US President Barack Obama shakes hands with Chinese Vice President Xi Jinping during meetings in the Oval Office of the White House in Washington, DC, February 14, 2012. (AFP Photo / Saul Loeb)

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TAGS: China, USA


He loves me, he loves me not. When it comes to its relationship with the United States, that age old question is one China has every right to ask.

Top US beass both praise China and envy it, for its ability to do whatever it wants.

"Right now china can disconnect parts of its internet in case of war we need to have that too," said Sen. Joseph Lieberman (I-CT)

GOP Presidential Candidate Newt Gingrich said the USwould be able to create jobs much faster if only it followed in the footsteps of China 

"The Chinese pay zero capital-gains tax," Gingrich said.

And President Obama said, “China builds the best railroads, the best schools, the best airports in the world. “

But it turns out those chocolate covered compliments seem to come just as frequently as those cold-hearted criticisms, from human rights to currency devaluation to trade.

 “We finally need to confront the issue of trade with China. All to often, China has been competing in a way that is tilting the playing field and is unfair to U.S. workers,” Obama said.

In addition to the President, those hoping to take his job also tend to flip flop on China.

“These guys are after us and looking for ways to harm us,” GOP Presidential Candidate Mitt Romney said. 

But he also had this to say:

“China doesn’t want us to bury us. They want to see us succeed and thrive so we can buy more Chinese products.”

Ivan Eland, a senior fellow at The Independent Institute, said the paradox transcends the rhetoric.

“We borrow a lot of money from China too so it’s quite a curious thing that we’re really borrowing money to pay for defending other countries from China.  I mean, that’s what we’re really doing.”

The mixed messages are reaching the masses as well.

In a recent Gallup poll, by 52 percent to 32 percent, Americans were more likely to name China than the United States as the leading economic power in the world today, even though it’s not.

However, in a separate survey taken by Pew Research Center, when asked which country represents the greatest danger, China came in second only after Iran.

In life and in love there appears to be a fine line between resentment and respect.

“I want to beat China,” said GOP Candidate Rick Santorum.  "I want to go to war with China and make America the most attractive place in the world to do business.”

While still in the race to win the GOP nomination, Michele Bachmann said, "If you look at China, they don't have food stamps. They save for their own retirement security. They don't have the modern welfare state. And China's growing."

Perhaps like most relationships, there’s nothing simple about the one between the U.S. and China.  There are disagreements about who gets to take the lead when, how to spend money and how to raise the children. Regardless, it’s most likely a relationship that will be around for decades to come.

+1 (3 votes)
 
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brian moloney March 25, 2012, 23:42
0

Trepan wrote in #5

Right now china can disconnect parts of its internet in case of war we need to have that too," said Sen. Joseph Lieberman (I-CT)

 

Why am I not surprised that you would want the ability to shut down our internet Mr. Lieberman? Mr. "WE MUST PROTECT ISRAEL"! We all know your endgame; well, maybe Connecticut hasn't got the memo.

Lets LOOK at the BIG PICTURE!!!!!!  If I were ISRAEL I would worry!!! Egpyt wants to stop sending GAS and OIL to Israel. Thats what happens when the US backs a revolution in Egypt. Regime change to WHAT??? Anochy. The MIDDLE east is a HOT BATH. Iraq is a mess, Afghanistan, thats in a mess, UPRISING Syria, LOOK at Lybia its a MESS. Better to know the DEVIL all these years. and have a country ran by anorchists. Yeah thats RIGHT lets start a war with IRAN  Yeah thats makes sense. Lets get the POT in a bigger mess. This all leads to one thing. Gaza, Palestine, Lebenon. Yeah they will start thumping their chests Its a TOTAL MESS.. I can see WW3 a coming all because of a country call ISRAEL.. Maybe Hitler wasnt WRONG after all

FriendsForFreedoom March 15, 2012, 03:14
+1

Our relationship with China is solely a financial arrangement in which China is by far getting the better deal, as one would expect making deals with the lender from the borrower. Now, let's say you are China and you see the American Dollar failing slowly but surely, what do you do to cover this after trillions lent into the US monetary system? You can't dump the dollar immediately and start a global panic, which ensures the dollar crashing immediately and you loose all value in the dollars you are carrying, which you loose out on trillions, which is actually not the main reason. The main reason is have a strangle hold on the most powerful entity in the world. They have us so far in debt we can't see daylight, and the citizens here will be paying for this over decades if not longer. Now back to China's overall plan for the US dollar. If you are China - you buy up all the global resources and structures throughout the world and you make sure your bid goes through every time by outbidding the price by 20-30% or more. Now why would they do this? Because in their minds they are not only not going to be stuck with the large bag of dollars when they are not worth the monopoly paper it is printed on, but they are collecting a massive financial foundation for growth within their own country and not send any or at least not as many panic alarms as you would with completely dumping it outright,while effectively dumping the dollar through the back door of the global economy. Look up the article "China buys the world" and you can see some of their many purchases globally. This is the perfect solution because they know that the US won't crash their own dollar (or at least not yet) or show the world what China is doing and again causing our dollar's demise.

Trepan February 22, 2012, 05:55
+2

Right now china can disconnect parts of its internet in case of war we need to have that too," said Sen. Joseph Lieberman (I-CT)

 

Why am I not surprised that you would want the ability to shut down our internet Mr. Lieberman? Mr. "WE MUST PROTECT ISRAEL"! We all know your endgame; well, maybe Connecticut hasn't got the memo.