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Showing posts with label trade war. Show all posts
Showing posts with label trade war. Show all posts

Saturday, September 12, 2009

Trade Wars between China & US?


Definitely NOT a good thing when one debtor (the US) starts up a trade war with their enabler (China).
China lashed a U.S. decision to impose duties on Chinese-made tires, calling them flagrant
protectionism that sent the wrong signal before the next G20 summit and risked a "chain reaction" that could slow global recovery."China strongly condemns this grave act of trade protectionism by the U.S.," the spokesman for China's Ministry of Commerce, Yao Jian, said in a statement issued on the Ministry website on Saturday.

Posted by ContraryRiches at 11:26 PM No comments:
Labels: china, economy, trade war
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