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Showing posts from March 14, 2012

China bashing par for the course in heat of US elections

Business Times - 15 Mar 2012 China bashing par for the course in heat of US elections By LEON HADAR WASHINGTON CORRESPONDENT IT may not have been surprising that on the same day the Republican presidential candidates were taking part in major primary races in Alabama and Mississippi and public opinion polls pointed to more Americans being dissatisfied with the job that the current Democratic White House occupant was doing, US President Barack Obama decided to demonstrate he was getting tough with China. In a sign that Washington was escalating its trade offensive against Beijing, Mr Obama told reporters that his administration was filing a trade ruling case against China as part of an effort to protect American companies against Chinese restrictions on exporting the rare-earth minerals that are used to build high-tech products such as hybrid car batteries and flat-screen television sets. 'We want our companies building those products right here in America. But to do that, American