Jason Lee, Reuters
Shi Jiangtao, SCMP: Is this the start of an economic cold war between China and the United States?
* First it was the trade war and geopolitics, now Beijing and Washington are at odds over currency
US-China relations – already frayed by trade and geopolitical tensions – are threatening to unravel after Washington designated Beijing as a currency manipulator, raising fears of an economic cold war.
Diplomatic and economic analysts expressed concern about the bleak prospect for bilateral ties, which they say could accelerate the decoupling of the world’s two biggest economies.
The US Treasury Department made the announcement about Beijing on Monday at the request of US President Donald Trump, who pledged during his campaign to name China a currency manipulator on his first day in office.
Read more ....
WNU Editor: I have always believed that China has been waging economic warfare for years. The only difference now is that some in the U.S. (and elsewhere) have figured this out, and are doing to China what China has been doing to everyone else for years.
3 comments:
Original author is like 20 years behind. Wnu more correct BUT.. it's not just economic
China has been at cold undeclared war with the US for years and years in:
- Economics/trade
- Politics
- communications
- culture
- military
This is an all open cold war now. No question about it.
China is signaling "we will play hardball" betting on Trump will cave because he's always avoided military confrontation. And I believe they are right, he's not the same level of war mongerer than some previews (vice) presidents...and they believe what the msm told them before. .idiot, racist sexist, barely capable to mentally hold a thought. .no chance to win. .no chance he'd get anything done etc etc. .their policy was so obviously back then based on the same idiots at cnn that are the lowest ranking news show in TV history by now. But. .we have dumb people in this country and China. At Chinese airports you might see Chinese watching CNN at airport lounges. That's what cnn does. Airports. Hotels. CNN should really be investigated for the negative impact they have had and still have on US society and beyond. Even in my countrt people get divided on race and sex all of a sudden after years of broadcasting their shit in our cities. Filth for the mind. Hatred. Lies. Anyways. .the Chinese won't get divided like this because it's an ethno state. This won't work on them. This is -designed- to divide multi cultural societies. But more importantly the Chinese leadership has to stop listening to these idiots on strategy. .Chinese intensional politics is despute the 2000+ yeasts old society in its infancy. They barely know the world and are very opinionated about themselves and copy everything ..including the bad. They see "cnn is often watched by people who are against trump and they have lots of critique points"..they then write this up in a 4x4 room with no window this then gets sent to the next higher up who has maybe a window. Perhaps a 30yr old graduate who spent one year to do a masters in the US or UK at best. At best. And on it goes. No one will criticize what the guy who watched cnn in his windowless room wrote. They don't dare to form different opinions in this machine. For years and years they told themselves that their place and time on this earth will come and that they deserve it and that we all held them back. The westerners, the Asians all of us are bad.
This might get to war and i hope their cnn-level like "analysis" won't kill us all
You faka
I would say we are more in the middle of a trade war.
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