China commentary slams Romney's foolish China-bashing
| Reuters
In a strongly worded English-language commentary, Xinhua said
Romney's anti-China rhetoric, if converted into policy upon him assuming
office, would trigger a catastrophic trade war and damage the already
weak global economic recovery.
"It is rather ironic that a considerable portion of this China-battering
politician's wealth was actually obtained by doing business with
Chinese companies before he entered politics," Xinhua wrote.
"Such blaming-China-on-everything remarks are as false as they are
foolish, for it has never been a myth that pushing up the value of
China's currency would be of little use to boost the chronically slack
job market of the world's sole superpower, not to mention to magically
turn the poor U.S. economic performance around."
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