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Thursday, April 29, 2004 at 10:18 AM
10:18AM

Trading with the near-peer competitor

DateThursday, April 29, 2004 at 10:18AM

ìBush Resists Calls to Pressure China,î by Neil King, Jr., and Michael Schroeder, Wall Street Journal, 29 April, p. A5.


The Pentagon loves to focus on China as the big downstream military threat, but the White House is resisting pressure from US labor unions to get tough on China on trade, which just happens to be up 76% since 2001.


You go, near-peer! Keep sticking it to America with cheap manufactured goods! Pretty soon weíll be putty in Beijingís hands.


G.D. capitalists!


Whoops! I meant ìcommunists.î

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