China’s President Xi in Russia: President Trump Is My “Friend” – China, US Too Intertwined to Break Up Over Trade War
We’ve come a long way in a very short period of time with China.
China’s leaders snubbed Barack Obama during his last trip to Asia. The Chinese refused to provide a staircase to Air Force one and forced Obama to exit from the “ass” of the plane.
But that was before Trump.
Candidate Donald Trump slammed Obama after the Chinese exit saying,
“If that happened I would say thank you very much. Close it up. I’m going back to Washington. Boom”
On President Trump’s first trip to China the Chinese rolled out the red carpet for the President and his beautiful first lady, Melania Trump.
The Daily Mail reported:
Chinese officials rolled a large set of stairs to the aircraft’s door on Wednesday, avoiding any appearance of the kind of insult that greeted former president Barack Obama in 2016.
Obama was denied use of an airport staircase when he deplaned Air Force One last September as he arrived in China for the annual Group of 20 summit – a move that was seen globally as a major snub.
Since this time President Trump has been working diligently to address the trade imbalance between China and the US – something Obama had all but given up on.
Each year China makes billions selling their products to the US which flow in with little to no tariffs while the US is challenged in selling its goods into China. At the same time, China developed policies that forced US companies to share intellectual property in order to do business in China. This intelligence theft helped China in numerous industries.
No country to date has challenged China on its trade policies and intellectual theft until President Trump. The President instituted tariffs on Chinese products until China is willing to work with the US on fair trade policies. A deal was almost set months ago and then at the last minute China backed out. At this point the tariffs on Chinese goods were instituted.
Many liberals and Trump haters thought the President was starting World War III with his actions. But that is just not so.
In spite of all this, Friday President Xi of China called President Trump his friend.
It was reported that –
Chinese President Xi Jinping has warned against a decoupling of the US and China as trade tensions between the world’s two largest economies continue.
Speaking to business men and officials at the St Petersburg International Economic Forum on Friday, Xi, sitting with this Russian counter part Vladimir Putin, said he believed disengagement would be dangerous and that his “friend”, US President Donald Trump, would share the same view.
“There are some trade frictions between us and the US, but China and the US are closely intertwined, and we are each other’s biggest investor and trade partner, ” he said.
When asked if he thought China’s relationship with the US should be adjusted as globalization has come under pressure, Xi said: “More than 10,000 people fly between China and the US on a daily basis, which is about 4 million [people] a year.”
“I can hardly imagine a complete decoupling between China and the US. This is not the case that I would like to see, and I don’t think our American friends want to see it, and my friend [Donald] Trump wouldn’t want to see it either.”
This is perhaps the first time in history that a Communist Chinese leader referred to the US President as his friend. This is good news for the markets and for US – China trade negotiations.