'Buy China’ policy set to raise tensions

[Bindare_Dundat]

China has introduced an explicit “Buy Chinese” policy as part of its economic stimulus programme in a move that will amplify tensions with trade partners and increase the likelihood of protectionism around the world.

In an edict released jointly by nine government departments, Beijing said government procurement must use only Chinese products or services unless they were not available within the country or could not be bought on reasonable commercial or legal terms.

Just a few months ago Beijing was raging against a proposed “Buy American” clause included in the US economic rescue package.

http://www.ft.com/cms/s/0/66454774-5a7c-11de-8c14-00144feabdc0.html?ftcamp=rss&nclick_check=1

[SAMSON123]

China has introduced an explicit “Buy Chinese” policy as part of its economic stimulus programme in a move that will amplify tensions with trade partners and increase the likelihood of protectionism around the world.

In an edict released jointly by nine government departments, Beijing said government procurement must use only Chinese products or services unless they were not available within the country or could not be bought on reasonable commercial or legal terms.

Just a few months ago Beijing was raging against a proposed “Buy American” clause included in the US economic rescue package.

http://www.ft.com/cms/s/0/66454774-5a7c-11de-8c14-00144feabdc0.html?ftcamp=rss&nclick_check=1

China like Europe RAGED because america owes these nations so much money it is not even funny. For america to try to go ISOLATIONIST is to say to these nations that it will refuse to pay back debt owed... and they are not going to have that.

[Soul Crusher]

China like Europe RAGED because america owes these nations so much money it is not even funny. For america to try to go ISOLATIONIST is to say to these nations that it will refuse to pay back debt owed... and they are not going to have that.

You mean these nations realize and understand what most in our own nation do not??

I'm kidding, but your right, the idiots in our country dont want to accept the fact that we are broke and spending and printing more worthless money aint going to do squat.