Romney accused China of trade violations

China’s trade violations should be stopped, but the Obama administration is not able to do so, said U.S. presidential candidate of the Republican Party, Mitt Romney.

On Tuesday, Romney launched a big campaign tour, during which he is expected to visit Britain, Israel and the Palestinian territories and Poland. During the tour, the candidate intends to make a number of statements on foreign policy, which will form the basis of the international unit of his presidential campaign. Romney’s Travel began with a presentation at the conference of Foreign Wars Veterans in Nevada – a traditional stop for presidential candidates.

“We face another challenge in a rising China. China is attentive to the interests of its government, but it too often disregards the rights of its people. It’s selective in the freedoms it allows,” Romney said, speaking at the conference.

“In conducting trade with America, it permits flagrant patent and copyright violations, forestalls American businesses from competing in its market and manipulates its currency to obtain unfair advantage,” he said.

All of these actions, according to the candidate, leads to the fact that the United States suffer losses, but the Obama administration is looking at what is happening “through his fingers.” “The President hasn’t done it and won’t do it, and I will,” said the candidate.

The fact sheet issued by the Romney Campaign added that if China continues to block government procurement from foreign firms, the US then would also react in the same manner, it said, adding that Romney would “formally declare” China to be a currency manipulator if Beijing continued to manipulate its currency.

“Work with other developed nations to impose intellectual property sanctions, blocking the transfer into China of technologies that China has prioritised,” the fact sheet said.

“In response to all of these practices, use Reagan Economic Zone to confer benefits on genuine free trading nations from which China is excluded so long as its unfair practices continue,” the campaign added.

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