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China blasts US over WTO piracy complaint; threatens to kill pets

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kurth Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-11-07 06:28 AM
Original message
China blasts US over WTO piracy complaint; threatens to kill pets
China blasts US over WTO piracy complaint
(Xinhua)
Updated: 2007-04-11 17:14

China yesterday expressed "great regret" and "strong dissatisfaction" after the United States announced it had filed product piracy complaints and raised market-access issues with the World Trade Organization.

"The decision runs contrary to the consensus between the leaders of the two nations about strengthening bilateral trade ties and properly solving trade disputes," said Wang Xinpei, spokesman for China's Ministry of Commerce.

"It will seriously undermine the cooperative relations the two nations have established and will adversely affect bilateral trade.

"The Chinese government has always been firm in protecting intellectual property rights and has attained well-known achievements." ...

http://www.chinadaily.com.cn/bizchina/2007-04/11/content_848540.htm
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meegbear Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-11-07 06:33 AM
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1. Threatens to kill pets?
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-11-07 06:38 AM
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2. Hmm, I wonder if Communist China will wage economic war?
""China strongly requires the US side to reconsider the decision and make prompt changes," the statement said."

Sounds like a threat to dump dollars. But how much lower can the dollar go? It use to be around 120 (about 2002) according to the index yesterday morning, it has dropped to 82.6. That's about a 30% drop in five years. Seems our own country is busy destroying our economy without the help of China.
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-11-07 06:50 AM
Response to Reply #2
3. china is going to huff and puff
and do nothing. if they dump dollars their economy will cool off and that will not a good thing for the emerging middle class.
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Tyler Durden Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-11-07 06:54 AM
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4. TOO LATE! Already been done.
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NormanYorkstein Donating Member (762 posts) Send PM | Profile | Ignore Wed Apr-11-07 06:58 AM
Response to Original message
5. China sells us computers, we sell them Justin Timerlake records
Frankly China doesn't need our fake "WTO" anymore. What are we gonna do, stop selling them our treasury bonds? Too late.

:eyes: Oh yeah this "free trade" thing is working out great.
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