A Quote by Richard Grenell
China understands economics more than most countries and is usually moved to increase freedoms when the yuan is directly involved.
Related Quotes
China, the world's most populous country, 1.3, 1.4 billion people, will in the next decade or so have to begin looking for people outside of China.What does this mean? China will have to become a much more welcoming society. It means that China will have to attract immigrants from other countries in order to slow the aging of the population.
China is the most protectionist country of the very large countries. They talk more about free trade than they actually practice.
Freedom is a timeless value. The United Nations Charter calls for encouraging respect for fundamental freedoms. The Universal Declaration of Human Rights mentions freedom more than twenty times. All countries have committed to protecting individual freedoms on paper - but in practice, too many break their pledge.
If money is the root of all evil, then China's manipulation of its currency, the yuan, is the tap root of everything wrong with the U.S.-China trade relationship.
Economics evolved as a more moral and more egalitarian approach to policy than prevailed in its surrounding milieu. Let's cherish and extend that heritage. The real contributions of economics to human welfare might turn out to be very different from what most people - even most economists - expect.
China has become a major presence for most countries around the world but notably for its neighboring countries in Asia. So I think it is a common position for Japan and its Asian neighbors that we certainly would strive to maintain as much as possible friendly relations with China.
If the concern is security, there needs to be evidence-backed policies to increase security and safety, while maintaining our liberties and freedoms. Policies that clamp down on freedoms and don't increase security empirically need to be outright rejected.
Since China embraced Deng Xiaoping's reforms on 22 December 1978, China has experimented with different exchange-rate regimes. Until 1994, the yuan was in an ever-depreciating phase against the U.S. dollar.
My observation is China is thinking more as a global player than regionally, in both politics and economics.
China got the local currency, the yuan which is appreciating against the dollar which means that all these Chinese people have more purchasing power. And they're willing now to spend some money after saving, you know they provided America with savings for years. Now they're going to spend some money. So this means that they are willing to allow the dollar to weaken because it means that their currency, the yuan goes up, so they're actually in a winning situation.
In countries where democracy is either non-existent or in development, on the other hand, citizens crave those freedoms. Maybe that is one lesson Western citizens can learn from those countries: treasure what you have. Use your rights and freedoms to effect the change you want.
China's productive system draws upon the other East Asian countries to a great extent. The volume of trade is much larger than the net amount being exported from China. China needs substantial reserves to finance all that.
U.S. exports to China have more than quintupled since China entered the WTO and have grown more quickly than imports. In fact, China is America's fastest-growing export market.
I don't think most of Congress understands how economics works.
We judge economics by what it can produce. As such, economics is rather more like engineering than physics: more practical than spiritual.
The trend in the world right now is - not just in developed countries, but in developing countries including China and India - there is a movement to build more and more nuclear plants.
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