Democrats harden their stance on China

Discussion in 'Economics' started by bone, May 17, 2019.

  1. bone

    bone ET Sponsor

    You would be hard pressed to find a Democrat or Republican on Capital Hill who is OK with Huawei or ZTE 5G equipment being installed in the United States.

    And now this from the Financial Times:

    May 15, 2019

    Democrats harden their stance on China

    US presidential contenders face a conundrum as trade war intensifies

    A growing number of Democratic presidential contenders are taking a tougher stance on China, as they slam President Donald Trump for not working with US allies to take on Beijing.

    As Mr Trump claimed on Twitter at the weekend that China was “dreaming” that one of the 22 Democratic contenders would win the White House next year, Cory Booker, the New Jersey senator, and other candidates campaigning in New Hampshire — the state that holds the first primary in February — struck an increasingly harsh note on China. Speaking in Berlin, a city in the north of the state that has lost much of its industry, Mr Booker described China as a “totalitarian regime” that had to be faced down. “The Chinese have been taking advantage of this country and other nations on Planet Earth,” Mr Booker told voters in a county that backed Barack Obama in 2012 but voted for Mr Trump in 2016. “They do not fight fair. They steal our intellectual property. They force the transfer of technology . . . We need to take them on. We need to fight them.” Mr Booker accused Mr Trump of creating rifts with allies instead of working with Japan, Canada and the EU to counter China over its trade practices. “Trump is . . . using bluster and not strategy. He’s using threats and toxic tweets, and not unity and strength.”

    Shortly after Mr Booker left Berlin, Mr Trump tweeted: “China is DREAMING that Sleepy Joe Biden, or any of the others, gets elected in 2020. They LOVE ripping off America!”

    In 2016, Mr Trump made China a core part of his campaign, vowing he would not allow it “to rape” the US. Over the past year, he has waged a trade war that has escalated in recent days after the US and China failed to reach a deal. On Wednesday, Mr. Trump will sign an executive order effectively banning US companies from using telecoms equipment made by Huawei, the Chinese telecoms group, in a move that will probably aggravate tensions.

    The trade war has created a conundrum for Democrats. This is partly because the mood towards China among voters has become more negative, but it is also because the tariffs are viewed differently in different swing states. While the spat is unpopular in agricultural areas such as Iowa that have been hit by retaliatory Chinese levies on soyabeans, separate US tariffs on steel and aluminium have met with praise in industrial states such as Pennsylvania.

    Mr Booker was not the only Democrat campaigning in New Hampshire to take a hard line on China. John Delaney, a former congressman, accused China of being “pirates” while also slamming Mr Trump for creating divisions with key US allies. “They steal intellectual property, they created illegal islands, they engage in disinformation campaigns,” Mr Delaney said in Concord. “I don’t want to go to war with China, but we have to realise what we’re dealing with.”

    Among Democrats, Bernie Sanders, Vermont senator, has consistently been the most critical of Chinese trade practices. He recently slammed Mr Biden, the former vice-president and frontrunner for the party’s nomination, for saying China was not a threat to the US. Speaking at Manchester Community College on Monday during his first swing through New Hampshire as a candidate, Mr Biden said he “got criticised” for his previous comments, before adding: “No other nation in the world can catch us, including China.”

    Campaigning in Exeter, Beto O’Rourke, the former Texas congressman, hit out at China over its trade practices, while joining the chorus of criticism about the way Mr Trump treats allies. “If we’re going to . . . be successful in this stand-off with China, which manipulates their currency, which uses unfair practices to dump below costs on markets . . . I’d much rather do it with friends than go it alone,” he told the Financial Times.

    The growing attacks on China, coupled with criticism of Mr Trump and his escalating trade war, suggests the Democrats will make the issue more central to the campaign.

    Tom Wright, a Brookings Institution foreign policy expert, said the Democrats should talk more about China during the race, instead of relying on their typical stance of making a “generic case about being strong at home to be strong in the world”. “China . . . directly affects the economy, the financial system, technological innovation, values and national security,” Mr Wright said. “Rather than play it down, Democrats could argue that under Trump the US is losing a vitally important competition with China because the president doesn’t understand the competition he is in.”

    Peter Allain, 60, a Biden supporter who attended the Manchester event, agreed with Mr Wright that the Democrats needed to talk more about how they would tackle China. “Trump’s got a good point. We need to negotiate a better deal with China,” said Mr Allain. “I think that [the Democrats] need to not bend and kowtow to the pressure.”
    Last edited: May 17, 2019
  2. party of reactionaries strikes again
    GRULSTMRNN, jpmswiss and dozu888 like this.
  3. bone

    bone ET Sponsor

    And this from The Economist on May 16, 2019:

    In Washington, talk of a China threat cuts across the political divide

    Amid accusations of theft and espionage, opinions have hardened against China on both sides of the aisle

    "LAST OCTOBER bosses from some big, innovative companies were invited to an annexe of the White House. Amid the high-ceilinged pomp of the Indian Treaty Room, the executives signed one-day non-disclosure agreements allowing them to see classified material. Then the Director of National Intelligence, Dan Coats, and two senators told them how China steals their secrets.

    The unpublicised event was the idea of Senator Mark Warner of Virginia, the senior Democrat on the Senate Intelligence Committee and himself a successful technology investor. He was joined by Senator Marco Rubio of Florida, a Republican on the committee."
  4. I am going out on a limb in here, you don't like china much do you ?

    LOL you been going mama's for week straight about china articles
  5. bone

    bone ET Sponsor

    But I love Chinese food and Asian Chicks... :cool:
    speedo, _eug_ and matthewyoung like this.
  6. Korean is the best by far... Take my word for it! Also China and Asia are much different, never confuse a person from Asia to someone from China. Big difference, same continent completely different mindset amongst the people
    bone likes this.
  7. dozu888


    word of advice - do NOT marry American women! you kiss your life goodbye if you do so.

    Asian women are the best! flawless beauty and they treat their husbands well! and the Filipinos maybe the best of the best.
  8. jpmswiss


    The dems are all talk and no action and definitely no enforcement
  9. Dem are setting Trump up. Let's see in 2020.
    bone likes this.
  10. bone

    bone ET Sponsor

    Afraid so. They are so obsessed with nullifying the election that serious policy is a socialist afterthought.
    #10     May 17, 2019
    GRULSTMRNN likes this.