Condemn China Only Pre-election Scene
New York City borough of Queens Q0234 election points are located at a local high school field in indoor activities. Desk arranged around the activity room, asking voters to accept. The list of candidates posted on the wall, and his party faction. Voters may vote on the table in the middle of the room fill out their own favorite candidate. Vote interior coming and going, but seems in order.
Soon be over campaign ads
The campaign, most notably to the number that many condemn China before the election campaign ads. Democratic Senator Majority Leader Harry Reid in the campaign ad broadcast images of Chinese workers, while condemning the Republican’s Sharron Angle is a good friend of foreign workers, because she supported the outsourcing company to China or India to cut taxes. The Ohio Democratic Representative Zack Space also shot a similar ad.
The Democratic Party made major political power in the U.S. After all, did not the U.S. economy from the financial crisis, pull up in the bottom. High unemployment and a huge trade deficit the United States many people critical of this session of the government, while China has become the Democratic Party calls the “scapegoat.” However, the elections are over, even if the scene has played out. Democrat and Republican wins, neither will have any impact on U.S. policy toward China.
“No matter who is elected, he will immediately feel the Sino-US economic and international issues of each interdependent relationship. In my opinion, the reality is there, sitting members of Congress that the position of people who will campaign ads of the past. “United States Council for International Relations of Asia research director, senior researcher is satisfied that close examination of Elizabeth C. Economy said.
Kato Washington think tank Center for Trade Policy Studies associate director Daniel J. Ikenson studies have been engaged in international trade policy more than a decade. He told reporters that China-US diplomatic friction always frequent, but generally very difficult to enter into a substantive stage. Sino-US trade relations are very stable.
“The Americans and the Chinese people like to hear the ‘friction’, because this is news. Bilateral trade and investment relationship is not objection, will not have worries. But 1% to 2% of trade by a number of rules restricting . This is the scene, everyone concerned about the conflict, rather than a smooth thing. “Aiken Sen said.
Difficult to implement the exchange rate bill
In the mid-term elections, the House passed the bill for the RMB exchange rate. If the bill to take effect, it must pass the Senate and signed by U.S. President Barack Obama. In the eyes of experts, this is unlikely. Some experts told reporters that the Chinese government allowed the currency between 2005 and 2008, significant appreciation of 21%. But the fact that the bilateral trade deficit and have no effect. U.S. trade deficit with China has increased by 33% in fact. Members, legislators are not in fact do not know this fact, the exchange rate on an issue, just as an election rally.
“I think the Senate not pass it (the exchange rate bill), I do not think the president to sign it. Even if it is a bill, nor is it a big deal. U.S. Department of Commerce has discretion to determine the currency is undervalued it it should be added to the appropriate tariff. “Aiken Sen said,” This is a call not only to the dog bite. ”
It is understood that the Obama administration in order to save the U.S. economy earlier this year announced a “National Export Plan,” which called in the next 5 years to make U.S. exports doubled. Early September, Obama has announced a plan to simplify the export control system, to this goal as a step. The pressure of RMB appreciation, in theory, would help the U.S. to expand exports.
Also, speaking from the traditional Republican focus more on commercial interests, the harmonious relations between China and the U.S. will help promote business interests, the Republicans will be more friendly in China. With economic development, Democrats and Republicans are particularly important to realize that Sino-US relations, China policy in a number of agreements have been reached.
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