Obama, Romney say China needs to play by the rules
debate: President Barack Obama, right, and Republican presidential nominee Mitt Romney discuss a point during the third presidential debate at Lynn University, on Monday, in Boca Raton, Fla. (AP/Eric Gay)Both President Barack Obama and Mitt Romney say they want America to have a positive relationship with China, but that Beijing must play by international trade rules.
Romney repeated his threat to designate China a currency manipulator and punish it for intellectual property theft during Monday's presidential debate but also said China can be a partner. He said, "that does not mean they can just roll all over us and take our jobs."
Obama described China as both an adversary and a potential international partner. He defended his record in addressing China's trade violations, saying his administration had brought more complaints than George W. Bush did in two terms.
Neither candidate discussed the deeper challenges of China's rise: that it built a competitive economy while maintaining an authoritarian political system.
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