Mitt Romney Doesn’t Scare Billionaires in China
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Sept. 7 (Bloomberg) -- China tends to like Republicans inthe White House because it’s clear what they want: free trade,low taxes and strong national security. Democrats are morecapricious and delve into messy issues like human rights and theenvironment.
In the case of Republican presidential nominee Mitt Romney,though, you would be forgiven for thinking officials in Beijingare losing sleep. He favors a more combative posture, includinga bigger U.S. naval presence in Asia, stepped-up arms sales toTaiwan and labeling China a currency manipulator. Romney’srunning mate, Paul Ryan, complains that China treats U.S.President Barack Obama “like a doormat.”