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FBN’s Lou Dobbs on China and the U.S. clashing over the blind dissident, and the country’s human rights issue.
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With the Chinese.
Really that's that's that's white house Press Secretary Jay Carney saying something it most presidents -- said over the last 1520 years.
President Obama's concern about human rights in China the United States trying to resolve a dispute now with China over the blind Chinese activist.
Who's seeking.
Asylum in the United States.
And now he wants out of China what -- president do ultimately.
Well the truth is we don't know when the truth is human rights have not been a significant factor in US China relations.
For some time now.
We almost never hear about China's forced abortions that sterilization.
Procedures in China's one child policy.
When we talk about our relationship with China it's about trade.
China is our second largest trading partner and accounts for nearly 14%.
Of all the goods traded in this country -- -- -- The United States exported a 104 billion dollars in goods to China US exports to China.
Significant.
To China.
The figure doesn't come close -- to the three.
-- 199.
Billion that we imported the 104399.
Billion dollars.
And imports 3099.
Billion dollars and X which -- 104 billion and -- supports.
And exports and 300 -- -- nine billion in.
Imports to the United States.
That's the relationship it's almost 84 to one relationship.
In our trading relations.
With China.
The trade deficit by the way amounted to almost 300 as you can see -- 300 billion dollars more than half of our total trade deficit China is our biggest foreign -- well.
The Chinese hold one point one trillion dollars.
You gotta love this.
China holds.
One point one.
True home million.
US -- They are our credit.
An American companies have put -- lot of money into China sixty billion dollars last year.
-- -- and over the past twenty years US companies have invested.
More than a third of a trillion dollars in China and this is the path we've followed since 1990 -- 1994.
When we put together normal trade status of for the Chinese.
President Clinton indeed couple.
Politics and economic acts.
After just a year earlier having insisted that there will be a very -- human right to read a regiment in place on the part of the US.
But in nineteen nanny for.
Normalizing trade relations with China.
Then in 2001.
In 2001.
China joined the World Trade Organization.
And we want some think -- a couple of -- human rights.
And economics.
We're separate.
And you just heard Jay Carney say the president's primary focus is human right.
You want that.
It has have been so for a very long time.
What happens next we don't know.
But it is clear.
That we are on the verge of something we haven't experienced in twenty years in this country and that is perhaps a disruption in a trade relationship.
Over balances will see.
