Romney's China-bashing talks useless to U.S. economy
by Liu Chang
BEIJING, Sept. 14 (Xinhua) -- Merely aimed at scoring
cheap political points in an election season, U.S. Republican
presidential candidate Mitt Romney once again blamed China's currency
policy as the root cause for the excruciatingly high jobless rates in
the United States.
Read it at Xinhua:
While addressing a rally in the U.S. state of Virginia on Thursday,
Romney, just as what he has done along his campaign trail, opened fire
on China, claiming that it was Beijing's undervalued RMB currency that
forced U.S. manufacturers out of job.
What is more sensational is that this millionaire GOP candidate has
vowed to declare China a currency manipulator on the first day of his
presidency if elected.
Yet it is rather ironic that a considerable portion of this
China-battering politician's wealth was actually obtained by doing
business with Chinese companies before he entered politics.