Obama, Romney say China needs to play by the rules
Both US presidential candidates say they want America to have a positive relationship with China, but Beijing must play by international trade rules.world Updated: Oct 23, 2012 08:57 IST
Both US presidential candidates say they want America to have a positive relationship with China, but Beijing must play by international trade rules.
Republican Mitt Romney repeated his threat to designate China a currency manipulator and punish it for intellectual property theft, but also said China can be a partner. He said "That does not mean they can just roll all over us and take our jobs."
President Barack Obama described China as both an adversary and a potential international partner. He defended his record in addressing China's trade violations, saying his administration had brought more cases than George W. Bush did in two terms.
Neither candidate grappled with the deeper challenges of China's rise: that it has managed to build a competitive economy while maintaining an authoritarian political system.