Monday, September 12, 2011

Fear of rising China unites polarized US politicians

With the 2012 election cycle heating up, US politicians this week harnessed worries over a rising China to power support for everything from patent law reform to debt reduction -- and their own ambitions.

US President Barack Obama led the pack, warning Thursday that crumbling US infrastructure threatened Washington's standing as "an economic superpower" as he laid out a battle plan for assaulting 9.1 percent unemployment.

"And now we're going to sit back and watch China build newer airports and faster railroads?" he said in a campaign-style speech aimed at shoring up his embattled reeletion prospects, weighted down by the sluggish US economy.

Fighting much the same battle, Republican White House hopeful Mitt Romney on Tuesday made confronting China over its alleged currency manipulation and rampant theft of US intellectual property a cornerstone of his economic plan.

"I have no interest in starting a trade war with China, but I cannot accept our current trade surrender," said the former Massachusetts governor, who trails Texas Governor Rick Perry in the fight for the party's presidential nomination.