Posted on 10/08/2019 11:42:01 AM PDT by SeekAndFind
China poured cold water on hopes for a trade deal, signaling it would retaliate against the U.S. threat to put Chinese tech companies on a blacklist, just two days ahead of the highly anticipated trade talks in Washington.
Chinese Foreign Ministry spokesman Geng Shuang on Tuesday said “stay tuned,” when asked whether China would retaliate for the blacklist over alleged human rights violations against Muslim minorities.
“We urge the U.S. to immediately correct its mistake, withdraw the relevant decision and stop interfering in China’s internal affairs,” Geng said at a news conference according to a transcript on the Foreign Ministry’s website. “China will continue to take firm and forceful measures to resolutely safeguard national sovereignty, security and development interests.”
The comments deepened the tensions between the two economic superpowers before they resume high-level trade talks Thursday. The White House is also reportedly discussing blocking government pension funds from investing in China, further dimming expectations for a trade deal. Peter Navarro, the Trump administration’s trade policy director, however, last week denied reports the White House is considering limiting U.S. investments in China, calling them “fake news.”
Shorter stay?
China’s delegation led by Vice Premier Liu He may cut short its planned stay in Washington and depart Friday instead of Saturday to remove the possibility to extend the talks into Friday evening, the South China Morning Post reported Tuesday, citing a source briefed on preparations for the trade talks.
“There’s not much optimism,” the source told the paper, which is run by Alibaba but often criticized for being biased in favor of the state.
This time, Liu will not carry the title of “special envoy,” which empowered him to negotiate on behalf of President Xi Jinping in May. This could be an indication that Xi has not given Liu any instructions
(Excerpt) Read more at cnbc.com ...
Too bad the citizens of China are destined to be led by that wanker government of theirs.
Course look at our government these days.
As bad as ours is though, I’d still rather have it.
Of course when Trump leaves, what then?
I, for one, do NOT want a trade deal with China. I want to see the tariffs and other restrictions on Chinese imports steadily ratcheted to VERY high level. Let’s not have Americans financing the Chinese government & military.
Bring manufacturing back to America and, where needed, go to alternate foreign sources.
“They’re torpedoing the talks,” Cramer said on “Squawk Box.” “Anybody that is hopeful, their hopes are dashed.”
**********************************************
Outstanding!
And don't forget October 17th when the USA withdraws from the International Postal Union....so China will no longer have subsidized postal rates to US ...(impacting fenanyol sales)
A nation which won’t let people on public transportation based on their social credit score complains about blacklisting. Oh the irony.
Pres. Trump should fill the negotiation room with big stuffed Winnie-the-Pooh dolls. That will set the proper tone for this meeting.
If Trump loses the election or is otherwise removed from office, then the treasonous deep state takes full control and our constitutional republic is no more.
It’s pretty obvious now that the CIA, FBI, State Dept, democrat party and the media’s anti-America, socialist/globalist tentacles have gone international and the deep state is working through corrupt foreign intel agencies and diplomatic channels to frame/entrap and bring down Trump and the American Republic.
We are truly the last free republic in the world and international socialism is demanding an end to it. Trump was elected to drain the swamp but it turns out the swamp is international and the international swamp is fighting back.
Trump is squeezing hard on China, Iran, NK, Mexico, etc, and was actually making a little progress. But our treasonous democrat and deep state actors are now raising the stakes against Trump and emboldening the foreign bad actors to do likewise.
We may soon be beyond the point of successfully negotiating with these people (China, NK, Iran, etc) and finding diplomatic solutions.
Remember Japan in 1941. When economic sanctions threaten to completely destroy a country’s economic viability, then something may likely pop somewhere else. Very suddenly and unexpectedly.
Example, China could suddenly clamp down hard on Hong Kong. And then move on Taiwan. And back America-haters NK and Iran in their pursuit of Nuclear weapons. Could get real ugly real quick.
Any democrat president would probably surrender.
Trump wins this war against the deep state or it truly is game over.
I agree with your thoughts there.
We already know many folks in our nation would be inclined to join a foreign nation’s efforts against the U. S.
Hong Kong, Taiwan, and I suspect Asian nations aren’t out of the question of being hit on. Vietnam comes to mind.
I think China is headed for some tough economic times, and governments often try to rally support at home, through conflict with another nation, just as you mentioned Japan by example.
Deflect any problems at home, by blaming other powers.
I honestly only see one guy that might have the same business and political acumen as President Trump. That would be his son Don Jr.
I’m not seeking to dog Pence, but these days it takes a boisterous man willing to mix it up. I think Don Jr. is capable of that. I don’t see Pence as capable of that. Further, I’m afraid he would fall back into the GW Bush support network if he was elected.
As you state, if Trump were to lose, it would be over.
We can only hope Trump appoints so many judges that they can block a lot of the Leftist agenda on Constitutional and criminal related reasons.
It’s pretty amazing to watch some of our well to do citizens, carry water for China or Middle Eastern region.
If Barr cannot or simply does not defang the Leftists, they’ll just become all that much more bold.
Not much time is left.
The market might take a little bit, but there is all sorts of global money pouring into US debt and equity markets.
Not all of it is being financed by European negative interest rates...but some it is.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.