via fistfull of Euros:
I support free trade. Let the Chinese buy American companies for $2 billion over the last bid. I don't care much how the value their currency Sen. Durbin.
But Samuel Brittan in the FT explains what we should be lecturing the Chinese about:
”Western statesmen have every duty to remind Chinese leaders of their still appalling human rights record – from the Tiananmen Square massacre to the occupation of Tibet and the continued veneration of Chairman Mao, who has been exposed as a killer on the level of Hitler and Stalin.
Unfortunately, they have gone quiet on these issues and have instead lectured the Chinese on the need to revalue the renminbi. It is not as if China were making a mess of its economy. On the contrary, it has a higher growth rate than any country in the Organisation for Economic Co-operation and Development. And, far from appealing for handouts from the west, it is one of the main sources of the financial inflows sustaining the US economy”.
The Hitler and Stalin comparisons work when you talk about China. There is a past the Chinese need to come to terms with and current human rights behavior that's awful.