Source: Politico
Xinhua is not happy with Mitt Romney.
The official Chinese news agency, in an English-language commentary, attacked the GOP presidential nominee for his proposal to label China a currency manipulator.
“If these mud-slinging tactics were to become U.S. government policies, a trade war would be very likely to break out between the world’s top two economies, which would be catastrophic enough to both sides and the already groaning global economy,” Xinhua’s Liu Chang writes. “For generations, China-bashing has been a cancer in U.S. electoral politics, seriously plaguing the relations between the two countries.”
The commentary also takes a shot at Romney’s wealth, declaring it “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.”
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