Romney and Obama try to compete in bashing China. Yet both the history and future of US-China ties point to a need for calm debate on how the two economic giants can cooperate.
Big Bird or China? It’s hard to know which of those current campaign topics will sway the American voter more. Of the two, however, it is China that needs the wisest debate and most restrained political rhetoric.
China’s rise as a global competitor with America has pushed Mitt Romney and President Obama to start competing over which one will be tougher on the Asian giant. Adding to the campaign fireworks is a report Monday by the House Intelligence Committee that finds Chinese telecom firms Huawei and ZTE pose a security threat to the United States and should be barred from buying American companies.
“China has the means, opportunity and motive to use telecommunications companies for malicious purposes,” the report says, adding that the two firms “cannot be trusted to be free of foreign state influence.”
Mr. Romney has promised to officially label Beijing as an unfair manipulator of its currency rate and to “crack down on China, if and when they cheat” on trade or intellectual property.