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Author Topic: China’s deal to buy more US goods is ‘distortion of the market’, Europeans complain  (Read 370 times)

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Offline libertybele

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China’s deal to buy more US goods is ‘distortion of the market’, Europeans complain
« on: January 16, 2020, 01:44:18 pm »
China’s deal to buy more US goods is ‘distortion of the market’, Europeans complain

China’s pledge to ramp up purchases of US goods and services in an interim trade deal has drawn concern from other trading partners, with a leading European business group calling it a “distortion of the market” and saying the pact was “rewriting globalisation”.
After the deal was signed in Washington on Wednesday
, Vice-Premier Liu He sought to reassure other countries that they would not suffer as a result of the agreement, but the message was not convincing for some.

Joerg Wuttke, president of the European Union Chamber of Commerce in China, said the purchasing commitment was “managed trade – meaning the US tells China what it should buy from America”, and it would lead firms from Europe to “wonder where our place is”.

China faced “less choice or possibilities of sourcing, say, soybeans from Brazil, or gas from Australia and Qatar, or coal from India, or aeroplanes from Europe, and this is distortion of the market”, Wuttke told reporters in Beijing on Thursday...............

https://www.scmp.com/news/china/diplomacy/article/3046426/chinas-deal-buy-more-us-goods-distortion-market-europeans
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Offline kidd

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Re: China’s deal to buy more US goods is ‘distortion of the market’, Europeans complain
« Reply #1 on: January 16, 2020, 02:03:07 pm »
Dear Europe,

Get your own Trump.
Britain did.

In the mean time, enjoy your Merkel/Macron type bureaucrats
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Offline Wingnut

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Re: China’s deal to buy more US goods is ‘distortion of the market’, Europeans complain
« Reply #2 on: January 16, 2020, 02:06:45 pm »
Quote from: kidd on January 16, 2020, 02:03:07 pm
Dear Europe,

Get your own Trump.
Britain did.

In the mean time, enjoy your Merkel/Macron type bureaucrats

What he said!    :beer:
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Online mountaineer

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Re: China’s deal to buy more US goods is ‘distortion of the market’, Europeans complain
« Reply #3 on: January 16, 2020, 02:12:01 pm »
Schmucky Schumer, et al., couldn't race to the microphones fast enough to decry this agreement. Nice to see that he and his fellow Dems are - once again - on the side of just about any country other than the USA.
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