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China commerce ministry official says new U.S. tariff plan harms WTO system, globalization
Reuters ^ | July 10, 2018 10:27 PM | Stella Qiu and Beijing Monitoring Desk, Elias Glenn

Posted on 07/10/2018 8:00:56 PM PDT by Olog-hai

China’s assistant commerce minister said on Wednesday that the latest proposed tariffs from the United States harms the World Trade Organization system and hurts globalization. […]

The Ministry of Commerce’s Li Chenggang said the only correct choice for China-U.S. relations was cooperation. …

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: china; globalization; redchina; wto
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Funny how a communist regime who has been in the WTO for just 16 years (and breaks all of their rules) thinks they can dictate what it’s all about.
1 posted on 07/10/2018 8:00:56 PM PDT by Olog-hai
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To: Olog-hai

Globalism harmed? Well, then, it’s been a good day!


2 posted on 07/10/2018 8:01:48 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Olog-hai

China is beginning to squeal...


3 posted on 07/10/2018 8:05:00 PM PDT by TaxPayer2000
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To: Olog-hai
I'm all FOR "ruining" Globalization!

We are China's biggest buyers of stuff; however, we CAN buy from other nations, should China decide to not tamp down their ridiculous tariffs against our stuff. And a LOT of China's economy is really just a smoke & mirrors hoax.

4 posted on 07/10/2018 8:08:40 PM PDT by nopardons
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To: TaxPayer2000

China is beginning to squeal...
**********************
China is realizing that Trump is playing no-limit Texas Hold ‘em .... AND HE DOESN’T BLUFF.

“I’ll RAISE your $34 billion call $200 billion.”

Well, China, what say you?


5 posted on 07/10/2018 8:10:58 PM PDT by House Atreides (BOYCOTT the NFL, its products and players 100% - PERMANENTLY)
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To: Olog-hai

yeah!


6 posted on 07/10/2018 8:11:10 PM PDT by dadfly
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To: Olog-hai

Boo-hoo. They’re upset that we finally have a president that isn’t afraid to tell them what cheaters they are. If my customer was buying $570 Billion more from me than I was buying from him, I would treat him better. It’s high time China starts showing us some respect.


7 posted on 07/10/2018 8:15:42 PM PDT by txrefugee
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To: nopardons

China can’t afford this. Recession in China is not growing by at least 7%.

If one believes China is a $9trln economy, their debt is 400% of their gdp.

They are also more culturally diverse than the old Soviet Union and have over a billion people in poverty.

Not to mention they have the largest population of old people and a male to female ratio of 52/48%.

I’m glad an idiot like Xi is in charge.


8 posted on 07/10/2018 8:17:03 PM PDT by mindburglar (I missed my flight...)
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To: Olog-hai

#stopfundingtheChinesemilitary


9 posted on 07/10/2018 8:17:20 PM PDT by cranked
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To: mindburglar

They inflate their GDP by building ghost cities. A centrally-planned economy is not an economy; it’s a sham.


10 posted on 07/10/2018 8:24:32 PM PDT by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai

“Cooperation”. I know what that means when China says it.


11 posted on 07/10/2018 8:26:49 PM PDT by Telepathic Intruder
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To: Olog-hai

12 posted on 07/10/2018 8:27:37 PM PDT by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
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To: TaxPayer2000

We need to send them the Chinese Dolly Gee judge in CA. that just gave us wide open borders & forced Trump to be “Catch & release”


13 posted on 07/10/2018 8:29:15 PM PDT by magna carta
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To: Olog-hai

Certain FReepers saddened.


14 posted on 07/10/2018 8:29:59 PM PDT by deadrock
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To: Olog-hai

“The Ministry of Commerce’s Li Chenggang said the only correct choice for China-U.S. relations was cooperation.”

Will Chenggang take his own advice?


15 posted on 07/10/2018 8:33:52 PM PDT by chief lee runamok
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To: Olog-hai

China commerce ministry official says new U.S. tariff plan harms WTO system, globalization

______________________________________________________

Well...gee Wally, we never thought that would happen. /s


16 posted on 07/10/2018 8:47:21 PM PDT by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
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To: SaveFerris

That’s the plan! Yeah, baby!


17 posted on 07/10/2018 8:48:44 PM PDT by Snowybear
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To: Olog-hai

Excellent, I think we should raise the tariff!


18 posted on 07/10/2018 8:51:19 PM PDT by klimeckg
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To: Olog-hai

Paraphrasing DJT, if the tariffs are already skewed in favor of the chinese, then what is the harm of leveling the field?


19 posted on 07/10/2018 9:07:49 PM PDT by Seaplaner (Never give in. Never give in. Never...excepto for convictions of honour and good sense. W. Churchill)
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To: Olog-hai

Corlect!


20 posted on 07/10/2018 9:08:12 PM PDT by Phillyred
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