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underpants

(182,769 posts)
Tue Dec 18, 2018, 09:48 AM Dec 2018

That's what Xi said

President Xi Jinping said China would stick to its policy agenda, despite pressure from the U.S. and others to allow more competition in its economic system and reduce support for state industry.

Xi told an audience of party officials, military leaders and entrepreneurs in a speech Tuesday that “no one is in the position to dictate to the Chinese people what should and should not be done.” The 80-minute address in Beijing was held to mark the 40th anniversary of the Reform and Opening Up campaign that unleashed the country’s economic boom under then leader Deng Xiaoping.

While the speech was being watched for potential policy announcements, Xi offered no new ideas to boost the economy or assuage U.S. concerns. Instead, he reiterated the need for the Communist Party to exercise leadership and control over all aspects of the country’s development.

“What and how to reform must be based on the overarching goal of improving and developing the socialist system with Chinese characteristics,” Xi said “We will resolutely reform what should or can be changed, but will never reform what cannot be changed.”

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2018-12-18/xi-says-reform-and-opening-up-is-revolution-in-china-s-history

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beachbum bob

(10,437 posts)
2. in essence, he told trump to f*ck off, once the markets understand NO trade ageement is underway
Tue Dec 18, 2018, 09:57 AM
Dec 2018

we will see the sell off ramp up/

still_one

(92,136 posts)
5. and some of those projects, such as the three Gorges Dam involved American Companies, so when we
Tue Dec 18, 2018, 10:14 AM
Dec 2018

have an ignoramus in charge, who believes the way to negotiate is to bully the other party, it isn't going to be smooth sailing


still_one

(92,136 posts)
4. A good part of the history of China in the last 200 years has been one of the Western nations
Tue Dec 18, 2018, 10:09 AM
Dec 2018

taking advantage of China through the policy of colonization.

So when you have an American president telling the Chinese that you do it our way or else, as a means of negotiating unfair trade policies, and when that method of "negotiation" falls flat on its face, is that a surprise?

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