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Pence Vs. Xi at APEC — Trump decides to skip

Summary:
Is accusing China of using debt as a weapon capitalist chutzpah on the part of Pence, when it's SOP under neoliberalism — "free markets, free trade, and free capital flows" — to put less powerful countries in debt to powerful countries to the degree that they need to go to the IMF for funding to meet debt obligations, the strings attached being giving up control of their institutional arrangements, fiscal policy and national sovereignty?  I doubt Pence will fool anyone on this, but some countries will "go along to get along" with the US. Reuters China says no developing country will fall into debt trap by cooperating with ChinaFor the Chinese idiom, seeLanguage Log"China has no intention to touch the cheese of any country" Victor Mair See also Yahoo!APEC leaders divided after

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Is accusing China of using debt as a weapon capitalist chutzpah on the part of Pence, when it's SOP under neoliberalism — "free markets, free trade, and free capital flows" — to put less powerful countries in debt to powerful countries to the degree that they need to go to the IMF for funding to meet debt obligations, the strings attached being giving up control of their institutional arrangements, fiscal policy and national sovereignty? 

I doubt Pence will fool anyone on this, but some countries will "go along to get along" with the US.

Reuters
China says no developing country will fall into debt trap by cooperating with China

For the Chinese idiom, see

Language Log
"China has no intention to touch the cheese of any country"
Victor Mair


See also

Yahoo!
APEC leaders divided after US, China spat
Ayee Macaraig, Andrew BEATTY | AFP

See also

The Week
Pence vows more trade war 'until China changes its ways'

Bonnie Kristian

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Sputnik International
Asia-Pacific Economic Cooperation Summit Reveals Depth of US-China Division

See also

"We suggest a certain country matches its words with its deeds, rather than wag the finger at others," [Chinese Foreign Ministry Spokesperson Hua Chunying] said in the statement. "The country should treat all countries on an equal footing no matter big or small, respect other countries' right of following a development path that accords with their own national conditions and make real contributions to developing countries."
Ecns
China urges U.S. to stop wagging finger at others

Xinhua

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Xinhua
Tyler Durden

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SouthFront
US-Chinese Trade War Is To Escalate Further As Both Sides Are Not Going To Make Concessions

also

Reuters
APEC fails to reach consensus as U.S.-China divide deepens

also

Sputnik International
APEC Participants Adopt Final Declaration Excluding Some Controversial Issues
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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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