US-China Trade Policy: Is China Winning The Money War? CNBC

Jonathan Jacoby of Center for American Progress joined CNBC to assess the state US trade policies with China. 5/10/07

For more on the global economy, please see: http://www.americanprogress.org/issues/domestic/globalecon

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Category:

News & Politics

Tags:

• china
• asia
• trade
• US
• currency
• dollar
• american
• progress
• cnbc
• paulson
• deficit
• market
• jobs

[IAmSonyFanBoy]

China is not going to go into a bubble economy. You should know that in the past 10 centuries, out of 9, China had the highest GDP. Only due to the betrayal of her Western children did she start to faulter. China will rise to glory again. And I don't know why Indians don't like China. You Indians rather ally with GB when GB murdered you're people? If you do then I think you're all morons.

[superbenbenhahaha]

indian?!@ hahaha,China is much more superior then india in so many ways, wake up dude

[NewsAmerican]

America should for one time, stop full trade with China, and see what America is losing ? might be nothing ? then why not do it and check it out ? Also the fact that huge amounts of foreign exchange dollar outflows takes place in the Food and Hospitality industry. There are 800 chinese restaurants in USA, a figure which keeps on increasing over each year, due to American's Gluttony, which even Bible has described as "sinful". Control gluttony, and enjoy appetite with home cooked food. Amen.

[trailblazer1975]

We are doomed. Let's nuke the japs before it's too late!

[ZhangMingXuanIsABabe]

if u dont want to buy cheap stuff dont buy it no ones forcing yanks to. u cant force suplliers to change their price. its not misleading or deceptive advertising. yanks dont play by the rules no wonder world hates these people lmao

[1x8twist]

The UNITED STATES! is chinas largist costomer, without AMERICA china will be POOR! AGAIN! it's that simple and trade with china is truely unfair. china sells 20 products to the US and the US sells 1 to china. China is in the prosses of taking everything it can and i think they are shooting themselfs in the foot. if the dollor crashes so doe's china!

[brianng999]

@Rocketeer1001 The rich man owes the poor man trillions of dollars.

There's a reason why china was the country least hit by the American-caused global financial crisis.

[Rocketeer1001]

@brianng999 Sorry to burst your needle dick bubble, but if you use the purchase of consumption goods as an index of capitalism then Americans are 10 times more capitalist than China since they're many more billionaires and rich people driving rich cars. Also, the richest American companies are not government controlled unlike that of China.

[Isreal4realz]

I feel sorry for Indians allying themselves to Britain, don't Indians know their history? Have the British really left you Indians worshiping them? They came into your land and killed your people, raped your women, destroyed your economy and left your country to starve.

I guess Indian nationality is not as superior as one might think considering India is one of the worlds oldest civilization. Sad indeed.

[ulleule]

we dont need indian... fuck them if they want to ally with GB LET them.... WHAT IS GB TOday... useless country..

[brianng999]

@warriorprince1010 China is more capitalist than the US is right now. Maybe if you go to a big Chinese city you will see a lot of rich chinese people driving BMW and mercedes. It really isn't all that communist.

If you look at india they are democratic...but compared to China they are a shithole. Your argument doesn't hold up, sorry to burst your little bubble.

[miamirockstar2010]

ask any business person in china they are laughing there asses off at obama and his crew. there is no free trade with china. we buy there goods they buy none from us. then we borrow the money back from them. its insane! what do you expect from a community organizer communist president like obama that has never run a real business.