Comments - Latest Popular Stories, Instablogs Community by Gagan

Kanchan

Kanchan — Tue, 31 Jul 2007 00:00:00 +0000

Excellent write up Gagan, The financial growth of a nation of 1.3 billion people can definitely seem threatening to the US, but it certainly cannot risk harsh taxes on its exports to China. So it has to tread with care.

Vinod

Vinod — Tue, 31 Jul 2007 00:00:00 +0000

First of all, I felicitate you for the brilliant write up, on the other hand, I would like to say that helter- skeltering Chinese mood and aspirations to secure the trade hegemony along are undoing it, still, I wonder, how after tainted food and tooth paste with toxic substances they are going with great guns while making considerable progress. So, if Chinese will go with the same rampant speed days are not far when they�ll rule the roost of WTO.

Ravinder Makhaik

Ravinder Makhaik — Tue, 31 Jul 2007 00:00:00 +0000

As the trade deficit mounts, the trade war will only become more intense.

The Yuan is definitely suppressed artificially, but a developing country has no other way to keeping its manufacturing processes afloat.

But as the dollar recedes, the exchange rate advantages could help to revive American manufacturing and exports.

For a nation that has thrived on cheap credit and imports, learning to live the hard way, when faced with a rising Chinese dragon, a cohesive European Union and a resurgent Russia will definitely diminish the unilateral power that US often exercises.

Swati S

Swati S — Tue, 31 Jul 2007 00:00:00 +0000

A great write up.........indeed....

Trade war is becoming intense....and the trend will continue...

Politics have taken the course of trade and that has its own pros and cons...

US especially....isn’t able to face the progress China has made...the threat that it can be the next...global power..

Pooja

Pooja — Wed, 01 Aug 2007 00:00:00 +0000

’U.S. problems are deeper than trade-ties with China,’ true enough but some of them do originate therein nonetheless. I’m with the protectionist lobby on this one. While economic policies are capable of fighting against nations, individual businesses can not do so. Herein Congress steps in. But it must tread carefully; any legislation that discriminates against Chinese without strong justification will have serious consequences in global political balance. U.S. cannot afford to loose support of this Asian powerhouse.