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U.S.-China Economies Ties Deepen as Tensions Rise
As American and Chinese politicians squabble, economic ties between the two countries deepen.
by Daniel Gross | September 20, 2012 - http://www.thedailybeast.com/
China-U.S.
trade tensions are mounting. The two presidential candidates are
falling over themselves to bash China. GOP nominee Mitt Romney routinely
chastises President Obama for being soft on China, and promises that,
if elected, he will deem China a currency manipulator. President Obama
is using more than his bully pulpit to express anger at China. This
week, his administration filed a case with the World Trade Organization seeking to limit imports of car parts from China.
China is returning the lack of affection. Secretary of State Hillary
Clinton was snubbed by heir-apparent Xi Jinping on her recent visit. And
on Tuesday, protesters surrounded the car of U.S. Ambassador Gary Locke.
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