A Quote by Rand Paul
The more we can have peaceful trade both with Russia, with China, and with others, you know, there's a self interest in this for everyone.
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Creative capitalism takes this interest in the fortunes of others and ties it to our interest in our own fortunes in ways that help advance both. This hybrid engine of self-interest and concern for others can serve a much wider circle of people than can be reached by self-interest or caring alone.
The far more likely Trump scenario is this: Chinese leaders realize they no longer have a weak leader in the White House; China ceases its unfair trade practices. America's massive trade deficit with China comes peacefully and prosperously back into balance, and both the U.S. and Chinese economies benefit from trade.
Education is the best way to train ourselves that we will secure our own well-being by concerning ourselves with others. It is possible to create a better world, a more compassionate, more peaceful world, which is not only in everyone’s interest, but is everyone’s responsibility to achieve.
We have trade with China. We lose hundreds of billions of dollars a year on trade with China. They know how I feel. It's not going to continue like that. But if China helps us, I feel a lot differently toward trade. A lot differently toward trade.
China are running trade deficits with the rest of the world. If you look at the U.S. trade deficit, it's close to $800 billion trade in goods. Half of that is with China, so it's a big part of the problem. And the problem with China, as opposed to, say, Canada, is that China cheats.
US opposition to Russia and China has entailed sanctions against Russia, and Russia in turn has made counter-sanctions against Europe. So Europe is essentially sacrificing its opportunities for trade and investment in order to remain part of NATO. It is also agreeing to bomb Syria and the Near East, creating a wave of refugees that it doesn't know what to do with.
I don't expect the U.S. and China to get into a trade war simply because I think there are good people on both sides who realize that that's not in either economy's interest.
China is one of those vast, continental conglomerates that... I mean, if they were to start a tourist trade in China, they'd just bus people in from another province, you know what I mean? They're very self-contained.
Both China and Russia felt duped by the U.N. 'no-fly' zone resolution regarding Libya in 2011 that eventually led to the ouster of Libyan dictator Moammar Gadhafi. China and Russia had abstained from the Libyan resolution, and neither country plans to make what they regard as a similar mistake again.
Other than our disagreement over Syria, I would say our relationship with Russia is very good and we are seeking to broaden and deepen it. Twenty million Russians are Muslims. Like Russia, we have an interest in fighting radicalism and extremism. We both have an interest in stable energy markets. Even the disagreement over Syria is more of a tactical one than a strategic one. We both want a unified Syria that is stable in which all Syrians enjoy equal rights.
Now we characterise Russian-Chinese relations as a strategic partnership, even a special strategic partnership. We have never had such a level of trust with China before. China is our major trade and economic partner among foreign states. We implement joint multi-billion projects. We cooperate not only within the UN Security Council, which is logical, as both China and Russia are permanent members of the UN Security Council, but also within such regional organisations as the Shanghai Cooperation Organisation, BRICS, etc.
Everyone makes a difference. Someone who does something for others makes a big difference. A person who has no self-interest to do things for others makes a bigger difference. But, one who does everything for everyone for the sake of humanity without vested interest makes a real big difference for sustainability.
As commerce secretary, I led the Clinton administration's effort to ensure China's entry into the World Trade Organization and the permanent normalization of trade between the U.S. and China - steps that produced a 76 percent increase in U.S. exports to China in just three years.
We see considerable strain in Russia, and that's obviously a matter of concern to us. It's in the very strong self-interest of Russia to continue on the reform path.
I fully understand the One-China policy. But I don't know why we have to be bound by a One-China policy unless we make a deal with China having to do with other things, including trade.
This China trade deal is basically like the Bobby Knight of trade deals. You know, you abuse, you abuse, you abuse, and then they say 'Well, OK, we'll let you try one more time.'
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