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US and Its Partners Stand Together as China Exports Problems, Rahm Emanuel Says

China is taking its domestic economic problems and exporting them to the rest of the world, the US Ambassador to Japan Rahm Emanuel said, adding this strengthens the resolve of America and its partners to stand together.

“China is not going to win the good neighbor award,” Emanuel said in a Bloomberg TV interview Tuesday. “There’s nobody in the neighborhood that China is not having some type of either economic or strategic challenge with.”

Emanuel condemned China for what he said was a problem with over-manufacturing at subsidized prices, echoing criticisms by Group of Seven countries that Beijing was hurting the economies of its trade partners.

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