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China bashing: Shame on American politics

(People's Daily Online)

13:31, October 16, 2012

U.S. President Barrack Obama (R) and Republican presidential nominee Mitt Romney attend their second presidential debate at Hofstra University in Hempstead, New York state, the United States, Oct. 16, 2012. (Xinhua/Wang Lei)

Many scenes of U.S. presidential elections are repeated every four years. China bashing remains a routine for the two candidates in this year’s U.S. presidential race.

The two candidates have blamed China for the weak economy and high unemployment in the United States, and claimed that Chinese investment in the United States endangers the country’s economic independence and national security.

The most popular explanation is that the candidates find fault with China simply to win more votes. There must be something wrong with the country’s political system if such downright lies can be used to lure voters.

The United States’ decline has been a hot topic in recent years while in fact, the country remains powerful, and no other country is expected to overtake the United States in the foreseeable future.

However, the country is entering an era of political decline. Such new terms as “political paralysis” and “financial cliff” have been coined to describe the status quo in Washington politics.

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  1. Name

Jason W Smith, Ph.D. at 2012-10-17108.75.103.*
The entire US political system is a sham and a house of cards maintained by an elaborate generations long series of lies backed up by a totally captive press. But their system is coming apart. Lashing out at China is just one of the features of US imperialism in its death agony. Be prepared for more of the same.
PD User at 2012-10-17208.101.159.*
China bashing may be beneficial for either presidential candidate in the U.S. presidential election yet it will not be a good policy. It will harm the United States more than China. It comes down to the trade war between world’s two economic superpowers. We, Americans, will lose. We underestimate Chinese will-powers and overestimate our economic power. American politicians may not be aware of how quick those Chinese consumers adapt themselves to new environments if there is a trade war between US and China. Mr. Romney claimed that he will issue an executive order to declare China currency manipulation. Now, if appreciate RMB will boot US economic recovery and reduce our unemployment rate? It is no guarantee the US unemployment rate will drop if China revalues the RMB as most manufacturers, especially makers of labor-intensive products will never come back. They would and will make their products any country that can provide lower labor costs. As I stated previously, the best resources of China are human resource. Chinese people work ten to twelve hours per day and almost seven days per week is very normal. My average hours worked is 13 hours per day and almost 7 days a week, only breaks which I take is Christmas and New Year.Perhaps, Mr. Romney should have a good economic adviser. A stronger Yuan will not be some magic panacea for America. Yes, appreciate Chinese currency will help few our manufacturers that compete directly with Chinese firms yet it will hurt many others, such as manufacturers who use Chinese imports in their US production processes and also American consumers buying Chinese products. “RMB had appreciated 21% to the dollar from July 2005 to July 2008 on U.S.-China trade flows. On the one hand, during this period U.S. imports from China increased by 39%, and trade deficit with China still rose by 30.1%.” It seems to me that exchange rates are not the only factor affecting trade imbalance. There are not easy solutions to America’s economic problems as we continually live well baying our means.Jennie PC Chiang/江佩珍 10/16/12 美國
huoqiao at 2012-10-1675.72.239.*
Chin (Zhong Guo) must understand that 95 percent of American population has never step out further than their door steps and seen nothing, heard nothing, and experienced nothing, but anything feed to them by their narrowly control medias and government. They are feed with what they can hear and read, thus, anything their government say, they have no way to weight but believe because they nothing in their knowledge to weight against. So, the best thing is you just have to do your home works and don"t expect much from the other side.

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