Monday, September 6, 2010
Was Sending Summers to China a Mistake? President Obama has just sent National Economic Council Director Larry Summers to China for the second time
Was Sending Summers to China a Mistake?
President Obama has just sent National Economic Council Director Larry Summers to China for the second time this year to get relations with China back on track. But just like the earlier mission, this one is a mistake that makes the U.S. look weaker, argues The Daily Beast's Gordon G. Chang. There will be claims of progress, of course, but we're unlikely to see any real forward movement in the core issues to be discussed: China's undervaluing of its currency by as much as 40 percent and its increasingly close ties to Iran, not to mention the "three Ts" of Taiwan, Tibet, and trade. The countries' goals are irreconcilable and leaders refuse to have honest talks, even in private. And the U.S. is pursuing counterproductive tactics, criticizing China's behavior and then rewarding it with official visits. The Chinese will see Summers' trip as yet another American Apology Tour, writes Chang.
Read it at The Daily Beast
oh baby just you shut your mouth