China warns US of 'trade war'

http://www.euronews.net/ China on Tuesday warned the United States of a trade war if it passes a bill aimed at punishing Beijing for allegedly undervaluing its currency.




The Chinese foreign ministry criticised the proposals as "protectionist" after the US Senate agreed to debate the bill later this week.




"By using the excuse of a so-called 'currency imbalance', this will escalate the exchange rate issue, adopting a protectionist measure that gravely violates WTO rules and seriously upsets Sino-U.S. trade and economic relations," said foreign ministry spokesman Ma Zhaoxu.

Category:

News & Politics

Tags:

• euronews
• Trade
• China

[Stoviecakes]

China is trying to trade rape the world.

[limwang75]

wat is up with all these warining then usa decided to do it anyway then china dont do shit like china warn usa not selling weapon to taiwan then usa sell them after that chink don do shit ur warning dont scare usa

[FATUGLYPRICK]

@WEMAN296

You have a job?Well, isn't that dandy? So the Chinese didn't steal "your job" after all. Good for you sunshine!

lol

[WEMAN296]

@FATUGLYPRICK I have a job thank you unlike you i'm not a "FATUGLYPRICK"

[FATUGLYPRICK]

@WEMAN296

Thanks. I thought you might like it. By the way, found a work yet or are you still upset b'cos the chinese have "stolen" your job?

lol

[WEMAN296]

@FATUGLYPRICK Hmmm nice name suits you well.

[FATUGLYPRICK]

@WEMAN296

The old "they stole our jobs" is getting soo boring and is typically used by the uneducated.Go back to school and come back when you're able to form an educated opinion/or statement regard the economic affairs of the world and b/w these two countries.

[FATUGLYPRICK]

"China will use the rule of free trade when it benefits them..."- Well, no shit dipstick, who wouldn't. There are no laws which prohibit a country to act in accordance to their own interest. Unlike the US, China does not invade other countries with lies to achieving their own best interest. The jist of it is, the US totally fucked up and now tries to blame China.

[TheHtjohn]

If china embargos the U.S , shit's happening on both sides!

[hijoert]

@Martian150 !don't forget their is a GDP behind this. China's GDP growth was 8% avg on this period, that's the problem.