Which U.S. presidential candidate would be better for U.S.-China relations?
Tuesday’s debate outed the real Mitt Romney … a modern incorporation of the Vanderbilts and the Rockefellers. These men built the corporations that dominate today’s world and are now rivaled only by the state corporatism of China. Like the party rulers in today’s China and the heads of America’s banks and venture capital firms, one can only imagine that President Romney’s focus would be on generating money for his own class of people.
Barack Obama, with his devotion to American ideals of equal opportunity and
the quality of life of the American middle class, is not a great bet for pleasing today’s ruling class in Beijing. Leaving aside Romney’s posturing about China “cheating” by undervaluing the Yen, Romney is never critical of Chinese sweat shops and has shown great admiration of the Chinese system where corporations are the government.
The authoritative Foreign Policy journal has this to say about China’s preference for Mitt Romney:
“The truth is that it still matters to Beijing who’s in the White House. And China won’t have as much to worry about with a President Romney. If Romney wins in November, both he and presumably Xi Jinping will likely shake hands and forget what candidate Romney has said thus far, in much the same manner as both Beijing and Washington have moved beyond the rhetoric of the 2008 U.S. presidential campaign.” read more at Foreign Policy
