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Quote by Barack Obama

“China is both an adversary, but also a potential partner in the international community if it's following the rules. So my attitude coming into office was that we are going to insist that China plays by the same rules as everybody else.”

Quote by Barack Obama

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Barack Obama
Barack Obama

Barack Obama, born on August 4, 1961, served as the 44th President of the United States from 2009 to 2017. He is the first African American to hold the office. Obama's presidency was marked by significant achievements, including the Affordable Care Act and the normalization of relations with Cuba. He was awarded the Nobel Peace Prize in 2009. more

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“In order for us to compete with China, we've also got to make sure, though, that we're taking - taking care of business here at home. If we don't have the best education system in the world, if we don't continue to put money into research and technology that will allow us to create great businesses here in the United States, that's how we lose the competition.”

“I'll also make sure that America has trade relations with China that work for us. I've watched year in and year out as companies have shut down and people have lost their jobs because China has not played by the same rules, in part by holding down artificially the value of their currency. It holds down the prices of their goods. It means our goods aren't as competitive and we lose jobs. That's got to end.”

“We have to understand that America can't just surrender and lose jobs year in and year out. We have to say to our friend in China, look, you guys are playing aggressively. We understand it. But this can't keep on going. You can't keep on holding down the value of your currency, stealing our intellectual property, counterfeiting our products, selling them around the world, even to the United States.”