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Old December 1st, 2017, 02:39 AM   #1
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US and EU reject China’s bid for “market economy” status

1. I found an interesting poll at https://twitter.com/AdamBakhtiarCNA

Adam Bakhtiar‏

The US rejects China’s request for “market economy” status, giving the world’s largest economy more leeway to slap duties on cheap Chinese exports. Trump also wants China to help it contain #NorthKorea. Is this the right approach to Sino-US relations and containing North Korea?

- Yes, China abuses trade

- No, US is kidding itself

- North Korea wins the day

- Nobody wins in the end

2. About three weeks after Trump's "state visit-plus" to China which Chinese President Xi Jinping described as "a new historic starting point" for Sino-US relations, the US joined the EU to formally reject China’s bid to be treated as a “market economy” under global trading rules.

Like the fool in my political satire who gave away his 2,000-year-old family heirloom for nothing, it seems that Xi has treated the wrong person to dinner inside the Forbidden City after all.

Like the dotard in my political satire who tread a delicate path on a narrow bridge and stood a high chance of being dragged down by his "sick puppy" into the deep gorge below, there is a danger that China could "plunge" deep into its tragic past if it lets itself to be dragged by its North Korean small brother (or more accurately, Big Brother) into a second but last Korean War in the future.

US rejects China's bid for 'market economy' status | Business Standard News

EU Parliament rejects the granting of Market Economy Status to China, led by S&Ds | Socialists & Democrats

Trump's "state visit-plus" to China

Kim turns Xi's "big move" into "bigger move" for himself


Trump visit predicted to be 'historic' - China.org.cn

Xi says China-U.S. ties "at new historic starting point" - Xinhua | English.news.cn

Last edited by reedak; December 1st, 2017 at 08:23 AM.
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