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Posted at 12:00 AM ET, 01/17/2011

Rolling out the red carpet for China's Hu Jintao

By Ann Telnaes

Related story: Chinese president looks for common ground with U.S.

Related animation: Chinese leaders own their own award


By Ann Telnaes  | January 17, 2011; 12:00 AM ET
Categories:  Human rights  
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Comments

Unfortunately America respects wealth and power over civil and human rights issues. This is especially the case when our government is completely overcome with debt along with a crippled economy which struggles just to make the interest payments. Very sad since China is nothing more than a nation full of slaves. Could that be what the wealthy elite wants the workforce to become in the US?

Posted by: JONAHandtheFISH | January 18, 2011 3:54 PM | Report abuse

The growing Chinese economy is worrisome, there must be a way to curb China`s economic growth. Their technology is now capable of producing super computers, high speed railways, and civilian airliners. War with them is out of the question, their few hundred ICBM systems can reach most US cities. A better trading relationship with them is possible, but unfortunately at this time the US has nothing more but some civilian aircraft and soy beans to offer China.

Posted by: morristhewise | January 17, 2011 10:26 PM | Report abuse

You people do know that this clown Liu Xiaobo is the Uncle Tom of China.

He wants the Chinese to be colonized by whites for 300 years.

No wonder white people love him!

Posted by: HumanrightUSA | January 17, 2011 8:12 PM | Report abuse

In needy situations like this it's always good to go back and look at Maslow.

Posted by: jornolibist | January 17, 2011 5:52 PM | Report abuse

A giant game of chicken is being played out. The Fed is debasing our dollar in an attempt to spur inflation and export inflation to China. For China's part, they raise their RRR rate and other regulatory tightening but refuse to allow the Yuan to rise. Meanwhile food, energy rise both here and in emerging economies while our employment fails to respond. What happens when QE2 ends in May or June? Will China, Japan , the EU be lining up to buy our debt? More likely Mahmoud Ahmadinejad converts to Judaism! So, look for Q.E. 3, QE4, etc and a much needed market crash to "condition" the opposition and the public's unease with debt creation and monetizing. Future generations will wonder how America lost it's dollar reserve status and how opportunity for wealth creation was lost.My recommendation is to study Mandarin, row a garden, and wax nostalgic for the days when prestige was conferred by owning a pair of Levi jeans.

Posted by: pauldia | January 17, 2011 12:54 PM | Report abuse

I worked in Beijing from May of 2005 to August 2009. Among other subjects I taught Economics at a large Chinese University and at several central Chinese government agencies. I often discussed what is meant by the term "Full faith and Credit". I also discussed the possibility that the U.S. would, at some future date, "default" on much of its debt obligation. This always unnerved most of my Chinese students. 2011 looks like the year where the world finds out that the U.S. "full faith and credit" is an illusion. The US has sought to force the Chinese to increase the value of the yuan against the dollar so the US could repay its debt to China in cheaper dollars. This, of course, doesn't make much sense to the Chinese. One reason their is such a gap between what the US buys from China and what it sells is the really stupid limits the US puts on what it sells to China. This doesn't prevent the Chinese from buying high tech products. It only means that they can't buy them directly from the US. In addition the Chinese are passing the US in terms of high technology anyway and developing their own high tech products which are often better than what the US is making means they won't need to buy from the US. What will the failure to increase the federal debt limit do? It may mean that large portions of the federal government will shut down. It could mean that our military won't be able to give away billions to try to buy support from "insurgents". It may mean that our troops will not get paid. It could mean that social security benefits will end and that medicare will not be able to pay benefits for Medicare recipients. It will almost guarantee that Obama will be unable to gain reelection. That is what many in the GOP seek to do anyway. Its a case of "blindman's bluff" that the GOP will force upon us.
What should Obama tell Hu? He should tell him what many Americans tell those to whom they owe unsecured debt. Sorry I can't pay. "Sue Me if you will".

Posted by: jimeglrd8 | January 17, 2011 9:44 AM | Report abuse

Simplicity many times clarifies an issue. The problem between the US and China is no different than the one in which a handsome kid moves into the neighborhood and dates the best looking gals. One possible solution to the problem is to ask the handsome kid to leave some of the pretty gals alone so the rest of the guys can get a date. But the problem remains because the gals only want to date the handsome guy. Begging China to share some of the worlds business is no different, the customers remain attracted to the best deal.

Posted by: morristhewise | January 17, 2011 9:00 AM | Report abuse

And libs would like to silence the Tea Party and Talk Radio so libs and the Chinese do have common ground

Posted by: billybeer6 | January 17, 2011 8:24 AM | Report abuse

Thank you Anne. One would like to do more. Free the people of China and China's Client States, notably North Korea and Burma.

Posted by: hamelinfish | January 17, 2011 5:32 AM | Report abuse

Absolutely Right . . . but wishful thinking.

Posted by: lufrank1 | January 16, 2011 11:14 PM | Report abuse

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