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© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.China hosts BRICS meeting amid rising economic concerns
BEIJING©2024 GPlusMedia Inc.
14 Comments
Yrral
US is China customer,do not bite the hand,they feed you
Alfie Noakes
And yet Biden is shortly to go cap in hand to the Chinese to ask for their help in salvaging the American economy by lifting some of the Trump-era tariffs that are driving US inflation.
"As the US is facing the most serious inflation challenge in 40 years and extremely heavy economic pressure, it seems like Washington is looking to China for some hope, as US President Joe Biden recently told media he is seeking dialogue with China's top leader and is in the process of making his mind up on the tariff issue.
Chinese experts said on Sunday that the US decision-makers have finally admitted the additional tariffs on Chinese goods have harmed US consumers and its economy badly, but they should not see correcting the mistake as a gift to China and trade it for other interests. Washington needs to unconditionally cancel all the additional tariffs that harm not only the two countries but the world economy. "
https://www.globaltimes.cn/page/202206/1268503.shtml
How ironic would it be that ahead of the US midterm elections Biden needs Chinese help to manage the US economy.
OssanAmerica
An organization of thugs and self interest tag alongs.
Rodney
This looks amazing when combined with the Belt and Road Initiative. It will bring 40%+ of the worlds population out of poverty.
Kyo wa heiwa dayo ne
Iam not fond of china recently.
But it would be difficult to deny that China always seems to be on the rapid bounce back of economic masterminds.
China just keeps getting stronger.
They are devilishly clever.
Seigi
Whenever China moves, the world trembles. Can't really ignore the impact of China.
Yrral
The US economy is self feeding beast,you wonder why Japanese buy our Tbill
Joemusic1980
The American economy will bounce back.
The public opinion in America on China is shifting rapidly, and soon you will start to see American businesses pulling out of China.
Antiquesaving
Now that can be interpreted in a few ways.
The USA is China's money supply or China is the parts, tools, and supplies that keeps things moving in the USA.
China may need the USA market, but the USA wouldn't last a week without Chinese made supplies. Most of the western countries wouldn't last
Antiquesaving
Didn't they say that about 10 years ago? Still not seeing it.
Antiquesaving
If the west continues with the sanctions policies ( we know work so well just by looking at Cuba and Iran) (sarcasm off) ) and continues to increase interest rates instead of dealing with the real problem, high oil prices.
Then BRICS may leave the West eating it's dust.
India is buying cheap Russian oil, then using it to make friends by bailing out others hurting from the high prices.
China once it finishes dealing with covid will be doing the same as will Russia.
By doing that their economies will rebound faster as lower fuel prices means lower food, etc.. prices and friends that will buy their cheaper products.
Antiquesaving
This is BRICS not the G7.
OssanAmerica
The thugs in BRICS are Russia and China. G7 does not include autocracies. Best get a clue.
Antiquesaving
Really have looked at the USA history?
Good luck tying to says it isn't a thug.
Oh BTW what country is encouraging and supplying Saudi Arabia with planes bombs etc... that has now killed 150,000 in Yemen and killed or seriously wounded 10,000 children!
Russia?, China? No no let's see oh yes the USA and UK.
Right they get others to do the dirty work now.