Taking Harder Stance Toward China, Obama Lines Up Allies

[techs]

http://www.nytimes.com/2010/10/26/world/asia/26china.html?_r=1&hp

Taking Harder Stance Toward China, Obama Lines Up Allies

WASHINGTON — The Obama administration, facing a vexed relationship with China on exchange rates, trade, and security issues, is stiffening its approach toward Beijing, seeking allies to confront a newly assertive power that officials now say has little intention of working with the United States.

In a shift from its assiduous one-on-one courtship of Beijing, the administration is trying to line up coalitions — among China’s next-door neighbors and far-flung trading partners — to present Chinese leaders with a unified front on thorny issues like the currency and its territorial claims in the South China Sea.

The advantages and limitations of this new approach were on display last weekend at a meeting of the world’s largest economies in South Korea. The United States won support for a concrete pledge to reduce trade imbalances, which will put more pressure on China to allow its currency to rise in value.

But Germany, Italy, and Russia balked at an American proposal to place numerical limits on these imbalances, a step that would have further upped the ante on Beijing. That left the Treasury secretary, Timothy F. Geithner, to make an unscheduled stopover in China on his way home from South Korea to discuss the deepening tensions over exchange rates with a top Chinese finance official.





Wow. This is just what was needed. About 8 years ago when the American standard of living was being shipped to China.
Now there is little hope that Obama and our allies will really do anything. Especially now that foreign nations and businesses can donate to political campaigns in the US.

 

[Pocatello]

We shouldn't offend the people who lend us the money so we can have our fancy toys.

 

[halik]

We shouldn't offend the people who lend us the money so we can have our fancy toys.

They can't stop lending us money w/o having their currency appreciate through the roof. Their hands are as tied as ours.

 

[Atreus21]

Vietnam. Quickly. They've no love for China, their economy is growing quickly, and we've largely reconciled with them thanks to Clinton, McCain, and Bush, although primarily to Clinton.

We need to cozy up to them. Their manufacturing base is already undermining China's. Saw a Made in Vietnam tag on a jacket I bought not long ago.

 

[JohnOfSheffield]

They can't stop lending us money w/o having their currency appreciate through the roof. Their hands are as tied as ours.

Actually they can devalue their currency internationally while lending the US more money than they already have.

 

[CanOWorms]

One of Obama's greatest legacies will be his reorientation of US policy towards new allies in the newly emerging powers and nations. His personal background doesn't bind him to a passion for Western Europe as past presidents. He recognizes that they are our future enemies and we will need new allies to confront them and other issues in the future.

 

[Ns1]

They can't stop lending us money w/o having their currency appreciate through the roof. Their hands are as tied as ours.

can someone explain this to me in laymens terms?

 

[JSt0rm]

Saw a Made in Vietnam tag on a jacket I bought not long ago.

of course you did :biggrin:

 

[JohnOfSheffield]

One of Obama's greatest legacies will be his reorientation of US policy towards new allies in the newly emerging powers and nations. His personal background doesn't bind him to a passion for Western Europe as past presidents. He recognizes that they are our future enemies and we will need new allies to confront them and other issues in the future.

Yes, clearly allying with nations that carries out forced abortions and executions for people who dare oppose the government is better than those damn dirty democratic mixed economy states (just like the US) in Europe.

Why not invite SA too... oh wait, you already did.

 

[Svnla]

...... About 8 years ago when the American standard of living was being shipped to China.........

Hummm, I did not know that Bush Jr. signed NAFTA

I also did not know big US corporations waited and waited for years.....until Bush Jr. became the President and then suddendly sent manufacturing jobs overseas....LOL

Look, look, BO is the President now. I can see big US companies are sending manufacturing jobs back to the US.....any minutes now.....ROTFLMAO.

 

[sunzt]

Yes, clearly allying with nations that carries out forced abortions and executions for people who dare oppose the government is better than those damn dirty democratic mixed economy states (just like the US) in Europe.

Why not invite SA too... oh wait, you already did.

He wasn't referring to China as one of those friendly nations.

"He recognizes that they [as in china] are our future enemies and we will need new allies [China’s next-door neighbors and far-flung trading partners ] to confront them and other issues in the future. "

 

[Sinsear]

One of Obama's greatest legacies will be his reorientation of US policy towards new allies in the newly emerging powers and nations. His personal background doesn't bind him to a passion for Western Europe as past presidents. He recognizes that they are our future enemies and we will need new allies to confront them and other issues in the future.

Yes clearly we need to turn our back on the civilized societies of the world.

 

[JohnOfSheffield]

I don't think he was referring to China as one of those nations...

This thread is about China so i assume he is, if he's talking about India, they are not much better, forced marriages and acid attacks along with abortions of the sort where the mother dies too are pretty damn common in India, it's as much of a shithole as China is.

 

[Pocatello]

Vietnam. Quickly. They've no love for China, their economy is growing quickly, and we've largely reconciled with them thanks to Clinton, McCain, and Bush, although primarily to Clinton.

We need to cozy up to them. Their manufacturing base is already undermining China's. Saw a Made in Vietnam tag on a jacket I bought not long ago.

Most of Vietnamese politicians are bought by the Chinese government long ago. I remember the great general Giap warned about the threat of China, he was silenced among others.

 

[sunzt]

Yes clearly we need to turn our back on the civilized societies of the world.

CanoWorms never suggested that we turn our backs on traditional western powers. He is saying that Obama is not limiting himself to just those allies when dealing with future threats by building relationships with emerging nations.

 

[sunzt]

This thread is about China so i assume he is, if he's talking about India, they are not much better, forced marriages and acid attacks along with abortions of the sort where the mother dies too are pretty damn common in India, it's as much of a shithole as China is.

Read my edit. I think you interpreted his post differently than what he meant to say.

 

[piasabird]

Well we could become socialist and refuse to pay our debt like some socialist and communist nations. Often when other countries tighten up their governments they just take over assets from other countries. However, this would make all of our bond market prices drop like a rock and no one else would ever loan us money or invest in the USA.

On the other hand we could tell China they can not base their economy on the USA Dollar, or we would not recognize their banks. What China does now is they arbitrarily set a trading rate for their currency.

We could also ignore these kind of problems and bury our head in the sand. You have to have the power if you want to make changes. It can be hard to get the Chinese to do what you want unless all the countries in the world work together to get China to change its policy.

 

[JohnOfSheffield]

CanoWorms never suggested that we turn our backs on traditional western powers. He is saying that Obama is not limiting himself to just those allies when dealing with future threats by building relationships with emerging nations.

CanoWorms has said that he want the US to go to war against Europe, he's said that more than once and i'm fairly sure he'll say it again if you ask him.

The future threat according to him IS Europe and his solution is genocide now rather than later on.

 

[JohnOfSheffield]

Read my edit. I think you interpreted his post differently than what he meant to say.

I think you are unfamiliar with CanoWorms, he really really really wants to see Europe gone, completely, a genocide.

He wants it to start as fast as possible before the EU gets stronger than it already is.

You can search his posts and you'll find that he's stated just that many times.

 

[sunzt]

CanoWorms has said that he want the US to go to war against Europe, he's said that more than once and i'm fairly sure he'll say it again if you ask him.

The future threat according to him IS Europe and his solution is genocide now rather than later on.

Hmm i don't really have a memory for his position on Europe, but if that's true then LOL.

 

[JohnOfSheffield]

Well we could become socialist and refuse to pay our debt like some socialist and communist nations. Often when other countries tighten up their governments they just take over assets from other countries. However, this would make all of our bond market prices drop like a rock and no one else would ever loan us money or invest in the USA.

On the other hand we could tell China they can not base their economy on the USA Dollar, or we would not recognize their banks. What China does now is they arbitrarily set a trading rate for their currency.

We could also ignore these kind of problems and bury our head in the sand. You have to have the power if you want to make changes. It can be hard to get the Chinese to do what you want unless all the countries in the world work together to get China to change its policy.

You already DON'T pay them and yes, you are as socialist or capitalist as most of the rest of the western world who ALL live in mixed economy democratic states just like the US.

What you can't get is that none of the propaganda you are being fed is true, there are no socialist states in Europe and the US is not a capitalist state either, we are all mixed economies.

 

[JohnOfSheffield]

Hmm i don't really have a memory for his position on Europe, but if that's true then LOL.

It is, you can ask him yourself, of course he won't say he want a genocide but he does want a war against Europe and the only outcome if nukes were not involved since in that case the US would cease to exist as well as the EU.

 

[theeedude]

GOP will sabotage any action on China. Their real base (not the tea bagger idiots) wants access to cheap labor.

 

[CanOWorms]

Yes, clearly allying with nations that carries out forced abortions and executions for people who dare oppose the government is better than those damn dirty democratic mixed economy states (just like the US) in Europe.

Why not invite SA too... oh wait, you already did.

I'm talking about the allies the US is seeking in Asia and the current allies it is reinforcing. That does not include China.

 

[CanOWorms]

Yes clearly we need to turn our back on the civilized societies of the world.

There are lots of "civilized societies" all over the world. We shouldn't align ourselves with the weakest, declining ones who hate us.