Bombs and Dollars – American Foreign Policy Blog – China, Afghanistan, Pakistan

It’s a weird thing among communists, the infighting that takes place among them. Sino-Soviet border clash, Vietnam-Cambodia rift…and now China lambasted Obama government for the anti-dumping duties on steel pipes, carefully timed a week before President Obama’s visit.

But at last, after ages, they also claimed to be a market economy and wanted Washington to recognize the fact! (That a victory for capitalism, Mr. Chomsky?)

U.S., just out of recession and arrogant again, imposed anti-dumping duties of $2.63 billions, the biggest trade action against China ever. China is now countering this, by launching it’s own investigation against American products, which if goes true, will hit the already in coma car industry of U.S. the most.

“China resolutely opposes the abuse of protectionist measures,” China’s Commerce Ministry said on its website. “We hope that the U.S. will set aside its biases and as quickly as possible recognize China’s market economic status, thoroughly overcoming its double standards and giving equal and fair treatment to Chinese firms,” it added.

Interestingly, the timing of the thing is raising a lot of eyebrows, and cynics are wondering whether this is a kind of making up thing, after the PR disaster of White House on the snubbing of Dalai Lama issue…

Meanwhile, our Managing Director, with his incongruence of being a known capitalist, and his love for anything and everything that is Chinese, is reported among closed circles to be reflecting on a Hamlet type dilemma on the entire issue…

China blasts U.S. duties ahead of Obama visit