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US isolation continues. China blasts America’s “paranoid hysteria” after the UK’s decision to join China’s financial orbit

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

Can the United States really afford to make an enemy out of China?

At this rate their will not be many more countries (outside of Europe) where the US will be welcome.

After the United Kingdom decided to jump on board the Chinese superpower express train by joining the Beijing-headquartered Asian Infrastructure Investment Bank (AIIB), the US government openly expressed its disapproval of the UK’s decision to become a founding member of AIIB.

A senior US official told the Financial Times that he is “wary about a trend toward the constant accommodation of China, which is not the best way to engage a rising power.”

In October, Australia, under heavy US pressure, pulled back joining the new bank. US Secretary of State John Kerry reportedly personally “asked” Australian Prime Minister Tony Abbott to not join the bank.

The Chinese response, via their state run Xinhua news outlet, was brutal.

Sputnik News Agency reports…

“The US has again launched into paranoid hysteria by manifesting its skepticism toward China’s creation of the Asian Infrastructure Investment Bank.”

The editorial continues, saying that the US has been closing its eyes to China’s constructive efforts such as the Silk Road Economic Belt, which aims to build an economic corridor between China and Europe. The editorial also notes that certain US politicians “sometimes simply cannot restrain themselves from making picky and irresponsible remarks” about China.

“This reaction of the US Government is nothing but childish paranoia toward China, which should not be surprising considering that Washington has long ago set itself on a wave of distrust.”

The official commentary also added that while China seeks a mutually beneficial relationship with the United States, its current paranoia can only threaten future prospects:

“The US Government must understand that prejudice and deep-seeded strategic mistrust toward China cannot help develop healthy and strong relations with this Asian country.”

References:

http://sputniknews.com/asia/20150313/1019455778.html

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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