China threatens U.S. because of Trump

China Warns U.S. After Trump Wins Nevada Caucus

Trump has promised to punish Chinese currency manipulation

Chinese Communist Party leaders stand up while the international communist anthem is played. / AP

Chinese Communist Party leaders stand up while the international communist anthem is played.  Caucus/ada AP

By Bill Gertz
February 24, 2016 5:00 pm

 

China warned the United States on Wednesday not to adopt punitive currency policies that could disrupt U.S.-China relations after Donald Trump’s win in the Nevada caucus.

Foreign Ministry spokeswoman Hua Chunying told reporters in Beijing that “we are following with interest the U.S. presidential election.”

Hua was asked about China’s response to a possible Trump presidency and his announced plan to punish China for currency manipulation with a tax on Chinese goods.

“Since it belongs to the domestic affair of the U.S., I am not going to make comments on specific remarks by the relevant candidate,” she said.

“But I want to stress that China and the U.S., as world’s largest developing and developed countries, shoulder major responsibilities in safeguarding world peace, stability and security and driving world development,” the spokeswoman added.

“The sustained, sound and steady growth of China-U.S. relations serves the fundamental and long-term interests of the two countries and benefits the world. We hope and believe that the U.S. government will pursue a positive policy toward China in a responsible manner.”

NEW YORK - MAY 10: Donald Trump attends "The Celebrity Apprentice" season finale at the at American Museum of Natural History on May 10, 2009 in New York City. (Photo by Brad Barket/Getty Images)

The comments came as Wang Yi, the Chinese foreign minister, is holding talks in Washington that include U.S. concerns about a Chinese military buildup on disputed islands in the South China Sea, and cooperation on dealing with North Korea’s nuclear and missile provocations.

Hua said Wang and Secretary of State John Kerry agreed the two sides will enhance cooperation and increase talks and exchanges.

“We stand ready to preserve and advance China-U.S. relations together with the U.S. side,” she said.

Kerry said he spoke to Wang about reducing tensions and finding diplomatic solutions to competing South China Sea claims.

“We want there to be a halt to the expansion and militarization of occupied features,” Kerry said. “Everyone benefits by true demilitarization, non-militarization.”

Kerry also said the United States remains committed to freedom of navigation and overflight, “something which China says it does not stand in the way of; it agrees that there should be peaceful freedom of navigation.”

 Reports from Asia say Chinese state-run media have been ordered by the Communist Party to minimize reporting on the U.S. presidential election.

Hong Kong’s Chinese-language news outlet Oriental Daily reported Feb. 5 that the Party’s Propaganda Department, which sets policies for all state-run media, ordered all publications to ban election coverage of U.S. policies toward China and to focus election coverage on negative stories and scandals.

Trump won the Nevada caucus with 45 percent of the vote, increasing his chances of winning the Republican nomination later this year.

Last month, Trump vowed to impose a 45 percent tariff on Chinese good to offset China’s devaluation of the yuan.

“They’re devaluing their currency, and they’re killing our companies,” Trump said. “We are letting them get away with it, and we can’t let them get away with it.”

The Obama administration has adopted conciliatory policies toward China on trade and currency issues.

Trump, on his campaign website, outlined a hardline approach to dealing with China that involves officially declaring China a currency manipulator and negotiating an end to the practice.

Trump also wants to thwart China’s theft of intellectual property and adopt policies aimed at bring jobs back from overseas to the United States.

Bolstering the U.S. military and “deploying it appropriately in the East and South China Seas” are other goals.

“These actions will discourage Chinese adventurism that imperils American interests in Asia and shows our strength as we begin renegotiating our trading relationship with China,” the Trump website states. “A strong military presence will be a clear signal to China and other nations in Asia and around the world that America is back in the global leadership business.”

Because of Trump

Because of Trump blob

I was 10 years old playing cops and robbers with my friends. My side kept losing.  I was tired of losing.  So, when an opponent pointed his toy pistol at me and yelled “bang, bang you’re dead” I decided there and then not be dead. We won because I discovered I was wearing a bullet proof vest.

Feminists, environmentalists, the liberal media, Barack, Hillary, the thought and speech police and even RINO’s have all taken shots at Trump and yelled ”bang, bang you’re dead.”   What they wanted was a corpse—what they got was rising poll numbers.

-One famous columnist wrote an article entitled Don Voyage after Trump criticized John McCain.  

Don voyage

-Pundits were falling all over themselves to declare the Donald’s death after his tweet about Megyn Kelly.   One commentator said “Hurricane Trump blows away speech police.”

I cannot think of another time in American history where such a massive, collective bluff has been called.  By refusing to die, Trump is ending a reign of terror against free speech.  Statements that once ended careers can no longer do so. 

Because of Trump, you can call illegal aliens, well, illegal.  Because of Trump, you can say that Mexico is treating us rotten.  Because of Trump, you can declare China and Russia enemies.  Because of Trump, you can say that the Iran deal is the stupidest agreement in history.

Because of Trump you can call the entire political class “a bunch of losers.”  You can even say openly that Hillary “is a liar and a criminal.”

Because of Trump, an entire frustrated and disenfranchised group of Americans now speak out and “ain’t nothing you can do about it.”

Bullies–the usual suspects–used to control the narrative. Obama, Biden, Holder, Pelosi, Reid, Clinton, Sharpton and NBC spun that proverbial web of deceit called POLITICAL CORRECTNESS.

P.C. provided cover for unbridled stupidity.   Common sense was held at bay by threats of being called racist, homophobic, Islamophobic, hater, and a host of other labels. Trump-and-Kelly

It seems like forever that we have been ordered to look the other way as America was being ravaged, bled and left for dead.

In retrospect, doesn’t it seem insane that we were told to shut up when illegals murdered innocent Americans?

Because of Trump, Blacks are breaking ranks with Democrats. The party ordered them to side with illegals.

Monday night, a black woman stood before a city council meeting in Huntington Park, California and blasted its members after someone made a comparison between illegal immigrants and black slaves.

The woman, identified as Chanell Temple, said she had not intended to speak at the meeting, but the comparison was too much. And because the council had just appointed two illegals to city commission positions, Temple let them have it:

“Please do not tarnish the name of black slaves by comparing them to your plight. There’s no comparison. None. Black slaves did not break into this country, okay. They were brought here against their will. Also, black slaves are not immigrants. Immigrants are people with a choice, they come here by choice. Black slaves didn’t have choice.

The woman continued saying that America has “been good to illegal immigrants” and can’t recall a single one that has ever been “hung from a tree.” She added, “My people commit a crime, they go to jail. You people commit a crime, they get amnesty.”  She later said, ” I am backing Donald Trump all the way!”

Chanell

Do not construe this blog as an endorsement of Trump for president.  On the other hand, make no mistake; Donald Trump can be elected president.  He is gaining support among independents, Blacks and Latinos.  Just a couple of months ago he was down 27 points in the polls to Hillary Clinton.  Now he is within 6 points.

Now for a personal note: I can finally confess something to you. As a Christian Evangelist, I have faced every kind of accusation you can imagine from both inside and outside the Church because I spoke out against Barrack Obama. I faced threats you cannot imagine.  I was told that my ministry was over.  Even close pastor friends closed their churches to me. One pastor in Indianapolis said that the anointing had left me.

The greatest lie was when they said that young people would no longer turn to Christ in my meetings.

Because I knew that I was speaking the truth, I refused to back down or apologize.

The result is that every threat proved to be a lie…especially the one about young people, because they are coming to Christ in droves. Through it all, I knew that Christ was with me, and His power intensified within me.

When I began these blogs all you could hear in the American pulpit about Barack Obama was crickets.  Now many are bold to speak out.  Now it is almost fashionable for pastors to take open positions on many issues that were considered off-limits.

What I have just said I have never said publicly.  I have never defended myself against critics or cowards nor will I start doing it now.

Trump is by no means a role model for preachers but I identify with him.  He called their bluff and beat them.  Because of Trump I finally felt free to tell you.

During the debate, Trump looked at the other nine candidates and said, “if it weren’t for me, we wouldn’t be talking about this now.”  I gave a knowing grin to the T.V. and said, “exactly.”

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A TERRIFYING YEAR — YET THERE’S HOPE

 On the Money

A TERRIFYING YEAR — YET THERE’S HOPE

By Ben Stein

Away from the White House and Justice Department, America has been doing great things.

Christmas 2014
This has been a terrifying year. Unspeakable brutality by Islamist terrorists in the Middle East and in Africa. A level of barbarity towards the innocent that would have made Eichmann envious. A world that in large measure kowtows to the most violent and bloodthirsty and turns on the most innocent and law-abiding (think Hamas vs. Israel). In this year, no one demonstrated in the streets of Europe’s capitals against Islamists who murdered children by the thousands but did protest screamingly against the major guardians of law and decency in the world, the USA and Israel.

In this year, man’s essential mean-spiritedness ran riot, with fanatics of various stripes and Islamists brutalizing universities either physically or by the essential evil of their tortured so-called “thoughts.” This was at prestige universities in the United States. indonesianislamists

In 2014, the President and the Attorney-General, both men of color, sought to awaken the demons of racism for votes. That was not “just politics.” That was something like sedition from on high. People are fragile on the subject of race. To have the most exalted in the land stir up fear and anger about race over highly dubious claims of racism was in fact wildly dangerous racism in and of itself.

To see the “black power” flags run up on Pennsylvania Avenue by the mightiest of the mighty was a distressing spectacle. It got the GOP overwhelming control of Congress. I am sure it will get the GOP the White House if it continues, for even Hillary is not inevitable if the Democrat party makes itself the party of anti-white racist feeling.

Is America racist? Well, Americans are people. People dislike other people pushing them around. Black people do not like being pushed around and white people do not like being pushed around. That is not racism. That is basic humanity. Nations get into trouble when one sector pushes another sector around for grievances that were once horribly real, but no longer are.      

Civil rights activist Al Sharpton speaks at the National Action Network in Harlem, New York                                                                                                                                              
In other words, until Mr. Obama came along to capitalize on racial feelings, poll data showed Americans feeling pretty good about race relations. Now, Americans are fearful and anxious about race. This is a colossal step backwards. This is what happens when the President is beholden to extremists and agitators and must dance to the tune they call about race-baiting. I totally see how it came about. But it’s time to walk back. Time, high time, to back down from that race-baiting cliff.

In other words, when the President of the United States listens to Al Sharpton and takes him seriously, we are in a lot of trouble. We are a glorious, God-centered nation. We can rise above racial antagonisms. We have done it in the past. We can do it in the future, if, if, if politicians can step back from mortgaging America’s future to win votes. A big “if”…

So my gloomy thoughts run on this glorious Christmas in Rancho Mirage, with the stars painting the night sky behind my palm trees.

But I also have seen great things this year. My job is, in large part, to speak at events, often business-related events. And here I see magnificent things happening. I see auto dealers who have completely changed the way selling and financing and servicing of cars works. A business notorious for sharp practice is now a business people trust and love. It is fun to buy a car.

I have seen the tenacious oil people, who fought like warriors to drill—and now they have brought cheap gasoline to America—at huge cost to themselves. When you fill your tank for roughly two-thirds of what it would have cost a year ago, it’s no thanks to the government. No thanks to Hollywood. It is thanks to those oilmen whom the government loves to criticize and lambaste.gas-price

But the most surprising and impressive people I saw were the finance people. Cursed and double-cursed by the media, they have wrought miracles. In health care especially, they have financed breakthroughs in diagnosis and cures for disease, in management of pain, in making the lives of us humans longer, more pleasant, and pain-free. It is an inspiring sight to see a room filled with the best and brightest of our young people and middle-aged people, men and women of all races, seeking to find the best medicines and diagnostic tools and anodynes to keep the world’s people’s lives brighter.

Yes, they do it for money. That’s fine. That is a perfectly good motive. But they do it, and the meds get in the pipeline and heart disease and tumors get diagnosed early. This is what finance should be.

I have seen America working together for a better life for the whole world, the intelligence and money coming out of finance and into the hearts and bloodstreams of Earth’s people. It is an inspiring sight. On TV and on the campuses, people look for trouble and ways to cause pain. In the venture capital and private equity firms, without fanfare, without the mainstream media, lives are being made better. And if profits come, they pay for the retirements of firefighters and police and elementary school teachers. Capitalism is working beautifully. If we can keep the wolves of envy away from the door, man’s world will be sunnier.

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Get your fiscal house in order: China warns US as superpower expresses concern for $1.3tn of investments

china

Get your fiscal house in order: China warns US as superpower expresses concern for $1.3tn of investments

‘Clock is ticking’, says Chinese minister, as US fails to break deadlock over government shutdown and fast-approaching ‘debt ceiling’ deadline

MONDAY 07 OCTOBER 2013

China, the biggest foreign creditor of the United States, has waded into the American budget crisis, warning Congress that it must resolve the political impasse over the debt ceiling without further delay.

The Chinese Vice Foreign Minister, Zhu Guangyao, told America’s deadlocked politicians on Monday that “the clock is ticking” and called on them to approve an extension of the national borrowing limit before the federal government is projected to run out of cash on 17 October.

“We ask that the United States earnestly takes steps to resolve in a timely way the political issues around the debt ceiling and prevent a US debt default to ensure the safety of Chinese investments in the United States,”  Mr Zhu told reporters in Beijing. “This is the United States’ responsibility,” he added.

The American government entered its seventh day of shutdown on Monday, following the failure of Congress to approve the national budget a week ago. And there was little sign of progress on the still more crucial issue of the fast-approaching “debt ceiling”  deadline. Yet rather than indicating  a willingness to negotiate, the Republican Speaker of the House of Representatives, John Boehner, stated on Sunday that it was “time for us to stand and fight” over the budget. He added that a default was “the path we’re on”. American stock markets opened down in response to the belligerent comments yesterday, with the S&P 500 Index of leading shares shedding 0.5 per cent.

In September 2008 China eclipsed Japan to become the biggest single foreign creditor of the US federal government. The US administration estimates that the China government holds at least $1.3 trillion of its bonds. The total could be higher because Beijing is known to hold American debt through intermediaries. And, in total, the Beijing authorities have $3.5trn of dollar-denominated assets, which would also be hit hard in the event of a default.

These vast foreign exchange holdings are a by-product of China’s closed financial system and persistent current account surplus, which means that most foreign currency that enters the country accumulates with the central bank. The central bank then invests the money in normally “safe” dollar assets. The vast dollar reserves are also a legacy of China’s policy in recent decades of artificially holding down the value of its currency, the renminbi, in order to boost the overseas sales of its politically influential export industry.

However, economists have criticised the popular idea that China could exert political or economic leverage over Washington by threatening to sell its dollar investments, since such a drastic shift would ultimately serve to undermine the paper value of Beijing’s own vast investment portfolio. Nevertheless, China’s creditor position and its status as the world’s second largest economy gives its voice some authority in Washington and Mr Zhu made it clear that private representations had already been made. “The US is clearly aware of China’s concerns about the financial stalemate and China’s request for the US to ensure the safety of Chinese investments,” he said yesterday.

Since the global financial crisis, which led to a sharp depreciation in the value of the dollar against the renminbi, the authorities in Beijing have been concerned about the fact that so much of their national reserves are held in the form of the American currency. China has been promoting the idea of a new reserve currency to replace the greenback, with some analysts suggesting that the renminbi could one day take its place.

Mr Zhu stressed that it was vital, not only for China but the wider global economy, for America to resolve its budget impasse. “Safeguarding the debt is of vital importance to the economy of the US and the world,” he said. Referring to a similar deadlock in 2011, which led to a downgrade of the US AAA credit rating by the Standard & Poor’s agency, Mr Zhu said: “We hope the United States fully understands the lessons of history.”

The concerns over the stability of the dollar come at a time of geo-political flux. Barack Obama has sought to “pivot” his foreign policy to Asia to counter China’s growing military influence. But the shutdown has forced the US President to cancel his visit to Asia this week to attend a summit.