On a trip to China in 2009, Obama raised issues around “massive trade imbalances” and “China’s currency manipulation and other unfair practices” during a meeting with Wen Jiabao, then China’s premier. Photo: Xinhua On a trip to China in 2009, Obama raised issues around “massive trade imbalances” and “China’s currency manipulation and other unfair practices” during a meeting with Wen Jiabao, then China’s premier. Photo: Xinhua
On a trip to China in 2009, Obama raised issues around “massive trade imbalances” and “China’s currency manipulation and other unfair practices” during a meeting with Wen Jiabao, then China’s premier. Photo: Xinhua

Barack Obama: ‘I could not have a trade war’ with China due to global financial crisis

  • Former US president Barack Obama explains that he was ‘hamstrung’ on dealing with China’s trade policies by global economic meltdown
  • Obama says he ‘had to make sure we did not start a trade war that tipped the world into a depression’, on the back of the global financial crisis of 2008-09

Topic |   US-China relations
On a trip to China in 2009, Obama raised issues around “massive trade imbalances” and “China’s currency manipulation and other unfair practices” during a meeting with Wen Jiabao, then China’s premier. Photo: Xinhua On a trip to China in 2009, Obama raised issues around “massive trade imbalances” and “China’s currency manipulation and other unfair practices” during a meeting with Wen Jiabao, then China’s premier. Photo: Xinhua
On a trip to China in 2009, Obama raised issues around “massive trade imbalances” and “China’s currency manipulation and other unfair practices” during a meeting with Wen Jiabao, then China’s premier. Photo: Xinhua
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