Showing their fist, China warns US not to disrupt current relations.
From FREE BEACON | by Bill Gertz
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.”
[pullquote align=”left” cite=”” link=”” color=”” class=”” size=””]The Obama administration has adopted conciliatory policies toward China on trade and currency issues.[/pullquote]
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.
Hua said Wang and Secretary of State John Kerry agreed the two sides will enhance cooperation and increase talks and exchanges.
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.”
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.
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