Chinese Releases 71 Page Document Describing Their Trade Drama with America

Some people argue that China is taking advantage of the US and are manipulating government officials to favor them. Why wouldn’t they? Their interests are Chinese, not American. There’s a lot of blame going around these days, but not a lot of people willing to accept responsibility. Americans forged these trade agreements with China and were very comfortable with them for a long time. Both democrats and republicans enjoyed having China manufacture our stuff for cheap, which translated into cheap prices at TGT and WMT, and every retailer in the country. In comes Trump, describing how evil China is and how they’re ripping us off, and voila, just like that half the country wants to declare war on China.

Are you people fucking nuts?

In response to the recent friction with the US, Chinese released a 71 page document describing American as a global monster interrupting trade detente.

“Rather, it has brazenly preached unilateralism, protectionism and economic hegemony, making false accusations against many countries and regions, particularly China, intimidating other countries through economic measures such as imposing tariffs, and attempting to impose its own interests on China through extreme pressure,” according to the white paper.

The white paper stressed China has responded from the perspective of the common interests of both parties as well as the world trade order, observing the principle of resolving disputes through dialogue and consultation, and answering the U.S. concerns with the greatest level of patience and good faith.

The Chinese side has been dealing with these differences with an attitude of seeking common ground while shelving divergence, the white paper said. “It has overcome many difficulties and made enormous efforts to stabilize China-U.S. economic and trade relations by holding rounds of discussions with the U.S. side and proposing practical solutions.”

However, the U.S. side has been contradicting itself and constantly challenging China, the white paper said.

“As a result, trade and economic friction between the two sides has escalated quickly over a short period of time, causing serious damage to the economic and trade relations which have developed over the years through the collective work of the two governments and the two peoples, and posing a grave threat to the multilateral trading system and the principle of free trade.”

It’s very convenient, thanks to our ‘democratic system’, to simply blame the previous administration for all of this countries woes. Think about every President in your lifetime and try to remember their rhetoric. It’s a cheap parlor trick that will last forever; but the truth is plain. The policies passed and supported by American government are deliberate and not just supported by a D or an R; they are American — promoted and succored by permanent government officials and think tanks and ‘policy experts.’

Don’t believe the bullshit. It’s not worth your effort.

As for the market, looks good. Even TLRY is higher, naturally after I declared cannabis dead. But I think I’ll get back to SAAS and allocating into real companies.