Replies to post #648032 on Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

And China Will Demand US Advanced Technology-COCOM Violation

US WILL DECLARE China a Currency Manipulator on 16 April 2010 and there will be a trade war declared by China unless we give them our most advanced technology. And China demands we GIVE them our most advanced products IN VIOLATION OF COCOM Export Controls! ..JUST SAY NO!

China's commerce minister warned the United States on Sunday that if it launches a "trade war" against China by levying punitive tariffs on Chinese imports, the United States will suffer the most.
http://www.washingtonpost.com/wp-dyn/content/article/2010/03/21/AR2010032101111.html

Chen Deming also said the U.S. government's "obsession" with China's exchange rate could not be seriously addressed until it stopped blocking the export of high-tech products, such as supercomputers and satellites, to China.

China to lose ally against US trade hawks
By James Politi in Washington and Patti Waldmeir in Shanghai
Published: March 21 2010 19:28
http://www.ft.com/cms/s/0/97b29e4e-351c-11df-9cfb-00144feabdc0.html

The US business community can no longer resist political pressure for Washington to take a tougher stand against China on trade issues, according to a senior figure from the US Chamber of Commerce. Myron Brilliant, senior vice-president for international affairs, who has previously helped to protect Beijing from hawkish trade policies, told the Financial Times: “I don’t think the Chinese government can count on the American business community to be able to push back and block action [on Capitol Hill].”

At Treasury discussions off line, officials stated internally that the yuan was manipulated, with nothing done, and US jobs exported overseas. Now we will have someone to blame for the recession- thanks Mr. Chen.