Chimpy lectures China on economic responsibility... [View All]

[Crankie Avalon]

Bush urges China to respect trade rules

WASHINGTON (AFP) - US President George W. Bush urged China to play by the rules when it comes to trade, a week ahead of his scheduled meeting with Chinese President Hu Jintao.

"One country that can show the world that it means to be a trading partner that plays by the rules is China," Bush said at a speech to business leaders here.

The US president said he was pleased to welcome Hu here on April 20: "America values China as a trading partner, but we expect China to live up to its commitments," Bush said.

"China needs to make itself more transparent. China needs to enforce intellectual property rights. China needs to take additional steps to address the trade imbalance between our countries. And China needs to move to a flexible market-based currency," Bush added.

http://p29.news.re2.yahoo.com/s/afp/20060413/pl_afp/uschinaeconomytrade_060413165902;_ylt=AoISWVVN8G_fIVtr.HCpf2kKO7gF;_ylu=X3oDMTA5bGVna3NhBHNlYwNzc3JlbA--


"...and for things to be fair, China needs to saddle itself with astronomitomical debts, and China needs to shrink its manufacturin' sector down to nuthin', and China needs to git herself a government that'll loot its treasury and divert the funds into the pockets of its wealthiest citizens, and China needs to do this, and China needs to do that...and then--and only then--will China get to duplicate the fiscal successes of my own administration!"