Commentary on Political Economy

Friday 17 May 2019

HAN CHINESE RATS SQUEAKING WITH PAIN!


This story just out from Reuters had me shrieking with laughter! Note two absolute belly-busting beauties: - the first comes from Lu Kang at China’s Foreign Ministry. Now, if there is one – I say one! – human being who does not deserve to waste the air left on this planet with us and whose brain must be riddled with at least 50 bullets so it cannot be reconstructed with existing neurological surgery, it is this venomous lying Rat! And look what slithers through his mendacious teeth: “we believe if there is meaning for these talks, there must be a show of sincerity”. A show of sincerity! The filthy clumsy Rat still can’t see the difference between “show” and “sincerity”, of course!
The other rib-tickling bit comes further down from The People’s Daily, another “show of sincerity” Rat rag: "The trade war can't bring China down. It will only harden us to grow stronger," it said. Hahahha! Straight from Nietzsche’s mouth! They can’t help themselves copying Westerners - after 5000 years of slavery and torbid lies! - these ugly sodden Rats, can they?!
Enjoy the piece. The Rats are truly hurting now!

Beijing | China struck a more aggressive tone in its trade war with the United States, suggesting a resumption of talks between the world's two largest economies would be meaningless unless Washington changed course.
The tough talk capped a week that saw Beijing unveil fresh retaliatory tariffs, US officials accuse China of backtracking on promises made during months of talks and the Trump administration level a potentially crippling blow against one of China's biggest and most successful companies.

We believe if there is meaning for these talks, there must be a show of sincerity
— China's foreign ministry
Chinese foreign ministry spokesman Lu Kang, asked about state media reports suggesting there would be no more trade negotiations, said China always encouraged resolving disputes with the United States through dialogue and consultations.
"But because of certain things the US side has done during the previous China-US trade consultations, we believe if there is meaning for these talks, there must be a show of sincerity," he told a daily news briefing.
CNBC, citing sources, said the trade talks had stalled and the next round of discussions was "in flux".
The United States raised Beijing's ire this week when it announced it was putting Huawei Technologies, the world’s biggest telecoms equipment maker, on a blacklist that could make it extremely hard to do business with US companies.
China has yet to say whether or how it will retaliate, although its state media is sounding an increasingly strident note. The ruling Communist Party's People's Daily published on Friday a front-page commentary that evoked the patriotic spirit of the country's past wars.
"The trade war can't bring China down. It will only harden us to grow stronger," it said.
The increasingly acrimonious trade dispute has rattled investors who fear that the countries are careening dangerously down a track that will badly damage global supply lines and put the brakes on an already slowing world economy.
The South China Morning Post, citing an unidentified source, reported that a senior member of China's Communist Party said the trade war could reduce China's 2019 economic growth by 1 percentage point in the worst-case scenario.
"Both sides might need some prodding, but we’ve had a very clear opportunity for one side or the other ... to say this isn't going to work ... and neither side did," said Derek Scissors, an expert on Sino-US economic relations at the American Enterprise Institute think tank, who put the chance of a deal this year at over 50/50.

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