September 22, 2008 / by emptywheel

 

Well, I Guess We Knew There’d Be Demands…

From Helena Cobban (h/t MinnesotaChuck).

China’s President Hu Jintao has now explicitly linked his country’s readiness to show good cooperation in resolving the US financial crisis to the question of Taiwan.

Beijing’s official Xinhua news agency reported today that Hu and Pres. Bush conferred thusly about the crisis yesterday evening (Washington time):

Bush briefed Hu on the latest development of the U.S. financial market, saying his government was well aware of the scope of the problem, and had taken and would continue to take necessary measures to stabilize the domestic and world financial markets.

Hu [said he] hoped the measures would soon take effect and lead to a gradual recovery of the financial market, which he said not only serves the interests of the United States, but also those of China, and benefits the stability of the world financial market and the sound development of the world economy.

… He said China is ready to work with the U.S. side to intensify dialogue, exchanges and cooperation, and properly handle issues concerning mutual interests and of major concern, particularly the Taiwan question, in a bid to push forward the sustained and steady development of the Sino-U.S. constructive and cooperative ties.

How long do you think Hu has been waiting for the moment he had Bush by the balls?

When you come begging to your banker, you’ve got to expect him to issue demands, I guess.

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Originally Posted @ https://www.emptywheel.net/2008/09/22/well-i-guess-we-knew-thered-be-demands/