China drift toward more state control "troubling": U.S.

Yahoo ^ | 11/30/11 | Doug Palmer

[Libloather]

China drift toward more state control "troubling": U.S.
By Doug Palmer | Reuters – Wed, Nov 30, 2011

WASHINGTON (Reuters) - The United States on Wednesday criticized China for backing away from free market reforms and moving toward more state control of its economy as Beijing approaches the tenth anniversary of its entry into the World Trade Organization.

"China seems to be embracing state capitalism more strongly each year, rather than continuing to move toward the economic reform goals that originally drove its pursuit of WTO membership," U.S. Ambassador to the WTO Michael Punke said in remarks delivered in Geneva and made available in Washington.

"This is a troubling development, and the United States urges the Chinese government to reconsider the path it is on," Punke said.

[Libloather]

Dunno - the title cracked me up.

[Opinionated Blowhard]

Pot . . . . . kettle . . . . . . .

[Da Coyote]

That was a sarcastic lede, right?

[whitedog57]

This administration is troubled by MORE government control?

Look at the bottom of this post from Zero Hedge on The Fed’s call for MORE intervention!!!!!!

“It’s Beginning to Look A Lot Like Christmas ...” Unemployment Falls to 8.6%, Labor Force Participation Falls to 64% - Greece Today’s Winner of the “Bailout Bowl”

http://confoundedinterest.wordpress.com

[Iron Munro]

US government drift Race toward more state control "troubling" to patriots and other non-moochers.

[OldNavyVet]

state capitalism

Another attack on capitalism.

"The flood of misinformation, misrepresentation, distortion, and outright falsehood about capitalism is such that the young people of today have no idea (and virtually no idea) of its actual nature. While archeologists are rummaging through the ruins of millenia for scraps of pottery and bits of bones, from which to reconstruct some information about prehistorical existence - the evemts of less than a century ago are hidden under a mound more impenetrable than the geological debris of winds, floods, and earthquakes; a mound of silence."

From Ayn Rand's "Capitalism, the Unknown Ideal."

[OldNavyVet]

(and virtually no idea)

Sorry .. That's a typo ... shouuld read

(and virtually no way of discovering any idea)

[sickoflibs]

RE :”Punke acknowledged that “China took impressive steps” during the first five years after joining the WTO to bring its laws and regulations into line with global rules and that led to a dramatic expansion in trade with the rest of the world.
But “the overall picture presented by China's first 10 years of WTO membership remains complex, given a troubling trend in China toward intensified state intervention in the Chinese economy over the last five years,” Punke said.
“Increasingly, trade frictions with China can be traced to China's pursuit of industrial policies that rely on trade-distorting government actions to promote or protect China's state-owned enterprises and domestic industries,” he added.”

What gets me is I don't hear the Republicans POTUS candidates talking/debating seriously about trade with China, and I don't mean Trump talk either.

[FreedomPoster]

That’s a keeper.

[achilles2000]

“State capitalism” is a euphemism for economic fascism. All “mixed” welfare state economies follow the economic fascist model to some degree. China is just a little ahead of Europe, and Europe is just a little ahead of us.

[WilliamofCarmichael]

China drifts toward more state control
China's Rise To #1 Likely Delayed
Won't happen next Tuesday afternoon, Wednesday morning at the earliest, say experts

"400 million doing OK now, but 800 million Chinese $1200/year income won't jump to $70,000-plus/year until Saturday at the earliest," said a pundit.

[elpadre]

“drifting” - China is and for around 70 years been completely state controlled - to the max!

[uncommonsense]

While Andy SEIU, one of BHO’s chief econ advisors and overlord, writes a WSJ OpEd yesterday that the USA should be MORE like the ChiComs and have MORE state central planning. BHO has such disdain for the American people, it’s beyond comprehension.

[dools0007world]

There’s are a myriad of issues not being discussed. Instead we’re dealing with this nilist “gotcha” mentality. The last Cain bimbo eruption almost got me to give up on Cain. The RINOs and their demrat Marxist controllers almost had me going.

I would prefer a saintly conservative for a president. Bachmann and Santorum seem to be clean of sub rosa sexual affairs—so far. I don’t believe anything the first 8 bimbos said. Jury is out on White.

Even if that turns out to be a provable Cain transgression I’m sticking with Cain. My problem with the RINOs is that I do trust them to fix Washington or secure America. In the absense of any other info I would trust Cain, Bachmann and Santorum.

The b******* are trying to stampede us into accepting a RINO candidate. I will not vote for a RINO under any circumstances. If the GOP wants to win this election it must run a genuine conservative candidate. In other words it must come to us not us go to them. Problem: RINO-led GOP is an instrument of the demrat party. I don’t see the demrats allowing a genuine conservative on the GOP ticket. The attempted high-octane lynching of Cain demonstrates this so.

At least one Freeper has captured my mood: Up your a** GOP.

[businessprofessor]

Pot . . . . . kettle . . . . . . .

I think you meant kettle ... pot ... . China is just trying to catch up with rat control.

[thouworm]

While Andy SEIU, one of BHO’s chief econ advisors and overlord, writes a WSJ OpEd yesterday that the USA should be MORE like the ChiComs and have MORE state central planning. BHO has such disdain for the American people, it’s beyond comprehension.

Andy Stern's article was my first thought as well when I read the thread headline.

Mr. Stern was president of the Service Employees International Union (SEIU) and is now a senior fellow at Columbia University's Richman Center.

China's Superior Economic Model

[Marine_Uncle]

RE: "What gets me is I don't hear the Republicans POTUS candidates talking/debating seriously about trade with China, and I don't mean Trump talk either."
Perhaps they don't since most of them wouldn't know what to say beyond the standard sound bites. Huntsmen is probably the only one who has a sound idea as how the Chinese operate.