Katherine Tai told a briefing in Brussels on Thursday that Beijing’s “non-market” policies will cause severe economic and political damage, unless they are tackled through appropriate “countermeasures.” Tai’s remarks came as the EU-US Trade and Technology Council (TTC) kicked off in Leuven, Belgium.
”I think what we see in terms of the challenge that we have from China is… the ability for our firms to be able to survive in competition with a very effective economic system,” Tai said in response to a question from Euractiv. RT
Thank you Katherine Tai, for telling the truth finally. Oops, or was she lying? All the American politicians, analysts, scholars and main media are saying China's economy is collapsing. The world is crumbling down on China. Now which is the truth? Forked tongue Americans!
Both versions came from the Americans. One version must be lying. But this is expected from the Empire of lies and a circus full of clowns in Washington. And they called China's trade policies 'non market'. And they are going to introduce counter offensive measures like what, higher tariffs, protectionist policies, trade wars, sanctions, mafia tactics and gangsterism to bring down the Chinese economy, to stop China's growth.
Janet Yellen went to China to demand that China stop over producing goods that the world needs and brought down prices but the Americans cannot compete. China must cut down on its production so that the Americans can compete and sell at higher prices. These are free market policies? China producing more for the world market is 'non market policies'?
Who are the Americans bluffing?
4 comments:
So, they are now admitting that they do not have the ability to survive in competition with a very 'effective economic system'. That means China's communist system is now too competitive for their liking. Is this a wake-up call by Katherine Tai, or just gathering more ammunition to justify further confrontation with China?
For decades, have the USA and the West have not been spinning the mantra that the capitalist system under their democracy is triumphing on every front, and that the Chinese communist system is not up to their level as to be able to compete with them? All the propaganda financed by the West are backfiring.
In the past several decades, the USA and the West were so arrogant and boasting about their democratic system that is touted to be all conquering and annihilating the communist system. How arrogant they had become can be gauged just recently when ASML was reported to have said that even giving the Chinese the blueprints for the lithography machine, the Chinese would never be able to build it. Why is it different today? They were so arrogant that they refused to see what the Chinese were up to, and when China overtook them in various sectors, they became desperate coupled with neurotic behavior trying to pull China down. The USA is not really trying to compete against China but is trying to pull China down so that they can appear to be still on top.
All that spinning about the impending collapse of China can continue, but the reality is it is not China that will collapse first. China is refocusing its economy, moving away faster from e.g. property-centered investments into technology like semiconductors, which China is intent to dominate. China's shipbuilding has also grown exponentially and extensively over the years, from a shipbuilder of low repute into a shipbuilding giant eclipsing even the likes of South Korean shipbuilders in the process.
Do not bet against China in any sector that it wants to prioritize and dominate. Take that as a friendly advice.
Tai? Already told you Gong Tai Tai!
What's you expect from them?
Is she from Taiwan Transgender or the UAssA running skunk?
60s 70s when China and the Rest of Asia and South Africa were so poor, why don't the Americunts said that their economy is threatening these Nations?
Using their Miltary Gangsters to Rob and plundered all the resources of the other non white countries.
The sickest country on earth is also the biggest and sorest LOSERS on earth.
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