After Snubbing Obama, China Gives Putin Red Carpet Treatment, Warns Against Protectionism At G-20

Tyler Durden's picture

Roughly at the same time as China's infamous snub of Obama's arrival at Hangzhou for the G-20 summit, when the G-20 host nation's delegation first made sure there was no staircase for Obama to exit the plane and descend on the red carpet; forcing the president of the world's most powerful nation to use an emergency exit...

... followed by a shouting match by a Chinese official who unleashed on the US Press corps and national security advisor Susan Rice, blocking them from crossing a blue rope holding back press and saying "This is our country. This is our airport", Chinese officials had no such problems greeting Russian president Vladimir Putin with full honors, whose arrival - on the red carpet - took place without a glitch.

The favor was returned: according to RT, Putin brought a box of Russian ice-cream as a gift to Chinese leader Xi Jinping:  “I promised you I’d bring some ice-cream,” Putin said. “I’ve brought for you a box of it as a gift.” Xi Jinping is a real fan of Russian ice-cream. “Thank you very much for the gift, for the tasty ice-cream. In my every trip to Russia I always ask to buy Russian ice-cream. And then, at home, we eat it,” the Chinese leader said.

“You have the best cream, and it makes it so tasty. I like it very much. Thank you for this courtesy,” he added.

* * *

Having brought no ice cream of his own, and his embarrassing arrival in China making front page news over the weekend, Obama quickly tried to talk down the embarrassing incident, saying the tensions were the result of different approaches to the media, as well as the sheer scale of the US operation when he travels, according to AFP. Obama pivoted away from the snub, instead accusing China of once again showing little respect for human rights: "Washington stands up for press freedom and human rights and - whatever the fallout - does not leave our values and ideals behind when we take these trips" he said.

"It can cause some friction. The seams are showing a little more than usual in terms of some of the negotiations and jostling that takes place behind the scenes," Obama told reporters on Sunday.

The justification continued: "Part of it is we also have a much bigger footprint than a lot of other countries. And we've got a lot of planes, a lot of helicopters, a lot of cars, a lot of guys. You know, if you're a host country, sometimes it may feel a little bit much."

Obama said it was not the first time Washington's differences with Beijing had erupted during a visit, and that clashing values were also on display in his discussions with Xi.

Obama concluded by expressing hope the world would quickly move on and forget China's snub of Obama on his last official visit to the country: "And so I wouldn't over-crank the significance of it," he said.

"None of this detracts from the broader scope of the relationship (with China)," he told a news conference. "The bilateral discussions that we had yesterday were extremely productive and continue to point to big areas of cooperation."

* * *

Obama's "explanation" aside, China took the initiative to continue piling its critisim of the US, when Chinese President Xi Jinping said at the open of a two-day G-20 summit that the global economy is being threatened by rising protectionism and risks from highly leveraged financial markets. He was referring to recent US trade war escalations, and Washington's recent response to Chinese dumping with duties on cold-rolled steel as high as 522%. As for highly leveraged financial markets, pretty much anyone could be at fault there.

His warning on Sunday followed bilateral talks with Barack Obama that the U.S. president described as "extremely productive", but which failed to bring both sides closer on thornier topics such as tensions in the South China Sea.

In addition to the previously leaked communique details, which as reorted last night will call for more fiscal and monetary stimulus, observers expect G20 leaders to mount a defense of free trade and globalization and warn against isolationism, eyeing Britain's vote in June to exit the
European Union and before the U.S. presidential election in November. The global economy has arrived "at a crucial juncture", Xi said, in the face of sluggish demand, volatile financial markets and feeble trade and investment.

"Growth drivers from the previous round of technological progress are gradually fading, while a new round of technological and industrial revolution has yet to gain momentum," he said.

Xi's speech is presented below:

As Reuters confirmed last night's report, G20 countries are set to agree in a communique at the end of the summit that all policy measures - including monetary, fiscal and structural reforms - should be used to achieve solid and sustainable economic growth, Japanese Deputy Chief Cabinet Secretary Koichi Hagiuda said. "Commitment will be made to utilizing all three policy tools of monetary and fiscal policies and structural reforms to achieve solid, sustainable, balanced and inclusive growth," Hagiuda told reporters on the sidelines of the summit; what he was really doing is hinting that the BOJ may no longer abide by the demands of the US Treasury to not engage in significant currency devaluations potentially leading to a major surprise announcement out of the BOJ in its September meeting.

Xi also called on G20 countries to match their words with actions. "We should turn the G20 group into an action team, instead of a talk shop," he said. Considering that the G-20 has been equated with the UN in terms of efficiency, we hope Xi isn't holding his breath.

* * *

Meanwhile, some of the G20 leaders have begun drawing battle lines in disputes over issues ranging from trade and investment to tax policy and industrial overcapacity, suggesting there was far less smiling by world leaders going on behind the scenes.

According to Reuters, Xi held talks with Australian Prime Minister Malcolm Turnbull and told him he hoped Australia would continue to provide a fair, transparent and predictable policy environment for foreign investors. China was angered when Australia blocked the A$10 billion ($7.7 billion) sale of the country's biggest energy grid to Chinese bidders last month.

China has accused Australia of bowing to protectionist sentiment in blocking the bid for Ausgrid, as well as an earlier one by a China-led consortium to buy cattle company Kidman & Co. Beijing has also criticized Australia, a staunch U.S. ally, for running surveillance flights over disputed islands in the South China Sea.

Meanwhile, European Commission President Jean-Claude Juncker shot back at China saying the G-20 host nation must set up a mechanism to address its problem of industrial overcapacity, adding it was "unacceptable" the European steel industry had lost so many jobs in recent years. "Overcapacity is a global problem but there is a particular Chinese element," he told a news conference.

* * *

Britain's future after its departure from the European Union was also subject to discussion. Obama reassured Prime Minister May that Britain's closest political, commercial and military ally would stand by her, tentatively backing off his infamous line that Brexit would leave the UK "in the back of the queue."  However, Obama did not shrink away from his stance that Brexit was a mistake and that London would not be able to jump the queue to arrange a bilateral trade deal.

Juncker said that if Britain wanted access to the European Union's common market, it needed to respect the rules of the common market. Turnbull, meanwhile, said Australia wanted an early free trade agreement with Britain so markets could remain open between them when Britain formally left the European trading bloc.

* * *

Snubbed or not, Obama held talks with Xi on Saturday that ran late into the night focusing mostly on the recent geopolitical tensions surrounding the disputed islands. He urged Beijing to uphold its legal obligations in the disputed waters of the South China Sea, and stressed U.S. commitments to its regional allies. Xi responded by saying China would continue to safeguard its sovereignty and maritime rights in the South China Sea. But China is keen to keep the summit focused on economic issues and to prevent other disputes from overshadowing it.

According to a "fact sheet" on China-U.S. relations issued on Sunday, the two sides agreed on a range of issues, including avoiding competitive currency devaluations and not limiting deal opportunities for foreign information and communication technology providers.

Obama, in the last five months of his presidency, is using the visit to put a final stamp on his signature policy shift toward the Pacific, setting the tone for his White House successor, who will be elected in November and take office on Jan. 20. Judging by this weekend's incidents, Chinese opinion of the highest US political institutions has never been lower.

Perhaps just as bizarre as the now infamous Obama snub, however, was China's decision to convert parts of the city of Hangzhou, with its 9 million people, into a virtual ghost town as China sought to ensure that the G20 summit stays incident-free.

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Publicus's picture

Welcome to the Chinese century, white devils.

BaBaBouy's picture

This Portends The Future Of The Fiats USD Paper Money ...

Looney's picture

What exactly is the G-20?

<<<  20 world leaders wearing their official G-strings.

<<<  20 world leaders trying the same G-string on, on the first-come, first-served basis.

Looney   ;-)

Truther's picture

LOL Looney.... Bwahahahahahahah.

bamawatson's picture

what is eleven jinping ?

jcaz's picture

These two will just shit on Hillary in any conversation.....

Then again, she never would have taken this reception like a bitch, either- at least her dazed and confused response would have been better than Barry making excuses for the Chinese......

PT's picture

You know what would be a good idea if you own a resource-rich nation?  First outsource all your manufacturing to a foreign, Communist country.  Outsource all of your manufacturing, till all of your own manufacturers have gone bankrupt and closed down.  Then insult that foreign country and call them out on their human rights record which, for some strange reason, didn't seem to matter when all the jobs were being sent there.  Real fucking smart.

But what would PT know?

beemasters's picture

"the global economy is being threatened by rising protectionism "

WTF is he talking about??? He is pushing TPP- Trans-Pacific Protectionism!

NidStyles's picture

Protectionism means the US is pulling out of the bad deals by supporting Trump.

 

This is all theater, you guys have to always remember that. All of these fuckers that are in power now, are in on this scam together. They all benefit from the destruction of the West and European people's.

 

TPP means that the US has no option to protect it's own interests. The US protecting it's own interests is evil in their minds, and it forces them to deal with the US on an even footing or at least partially even footing. On an even footing, they can't compete with us. This is just the same old game of the third world trying to pretend to be the first world, but lacking the ability to do so. China is not a first world nation. They aren't even a true nation, they are an oppressive slave state with nearly a billion serfs.

 

The whole joke is that they violate human right's, which is just a narrative to use as a backdrop to force whites to comply to the ridiculous demands of third worlders and violent niggers. It's a massive shit test, that is trying to use guilt to con whites into complying. These people don't actually give a shit about Human Right's if they did, don't you think Obama would have acted a bit quicker in regards to the flooding of LA? Don't you think he would have acted a bit less anti-gun toward the shootings in CA, or FL? Drone attacks on civilian targets? They don't give a shit about "human-rights". Only the power they can gain by stealing what is left of the US.

 

EVERYTHING IS PROPAGANDA THESE DAYS, EVEN ZEROHEDGE.

 

archon's picture

Obama's foreign policy may be easily summarized as, "treat our friends like enemies, and our enemies like friends".  This is how Obama, the Anti-Nixon, unravels 50 years of geolpolitical diplomacy.  The only thing missing is his "Mission Accomplished" banner.

knukles's picture

LOOK AT THE PHOTOS, IT SAYS

            RUPTLY

           REPTILE!

Just Joshin' ya', Earnest (Cute play on words, no?  Josh Earnest ...  Get it?)

espirit's picture

Back Door Barry.

Buhahahahaha!

Even the Chinese get it.

jcaz's picture

Yawn,  another " conspiracy being the conspiracy" nut-  we get it, dude- you see all the angles-  I just got bored by the second paragragh and checked out.....

Vatican_cameo's picture

 

Give some credit where credit is due. The Chinese know how to treat a couple of worthless, lying Knee-Grows. 

We should be so perceptive (in action and in word).

jeff montanye's picture

my favorite part was the five more months in office,  

imo dollar hegemony looks nearly insurmountable now but much of that is euro weakness designed into it from the start.  check out stiglitz on it:  http://www.telegraph.co.uk/business/2016/09/04/joseph-stiglitz-monetary-...

also note the reasonably good head and shoulders traced by the trade weighted u.s. dollar index, broad:  http://www.telegraph.co.uk/business/2016/09/01/dollar-hegemony-endures-a...

once the euro is broken up and the good parts of the eu retained (free trade and labor mobility) and china reveals its real gold reserves (and somehow the same is done to the u.s.), the world is going to turn upside down.

Chris Dakota's picture
Chris Dakota (not verified) NidStyles Sep 4, 2016 7:05 PM

I read the headline "After stabbing Obama"

lol, seriously.

bamawatson's picture

two non knee grow
non muslim
heterosexual men

NidStyles's picture

You guys are all reading this incorrectly. This wasn't about Obama, or Putin.

 

It was about Trump. This is China sending a message to the US public to not elect Trump. They are basically saying they will not be happy or tolerate a Trump presidency. Probably because they liked the access they gained under Clinton I.

3Wishes's picture

No its all about Obama the pos.

jeff montanye's picture

was that before or after clinton bombed their embassy in serbia?

Justin Case's picture

Awe com'on, that was a legit mistake.

DeathingerStar's picture

I know all about knee grow. That time I banged it and it swelled up?... I sure got my knee grow on that day.

Handful of Dust's picture

The Chinese respect Putin. Obama has not earned respect; just the opposite.

Remember, Putin has a 97% approval rating in Russia ..............

Barry has a 42% approval rating in USA ..............................

Failure doesn't earn you respect at home or abroad.

OpTwoMistic's picture

I refuse to believe Barry has a 42% approval rating in the US.  BS !

Closer to the 25% of votes Hitlary will receive if she is still on the ballot in nov.

beemasters's picture

Putin brought ice cream. Obama brought Rice.

CuttingEdge's picture

"Yankee Go Home" has never seemed more appropriate than when that cunt is abroad making a fool of himself and an embarrassment of his country.

Which is every time.

On the bright size, a huge entourage means a huge amount of people for him to make a dick of himself in front of. Every time.

PhilofOz's picture

What I don't get is how is it that a useless puppet like Obama that just does what his masters tell him he must do needs this massive contingent of security around him...... probably more than all the other G20 leaders have combined. It's nuts! He's not any sort of statesman who is able to think or make decisions for himself! 

Mountainview's picture

Juncker came with 2 bottles of Bordeaux.

Doom Porn Star's picture

LOL.

...brought rice to China!

Omen IV's picture

Listen up and listen well Obama - the reason it's called the South China Sea - is because it's a Chinese Lake for 5,000 years

It's not called the South Vietnamese Sea or the Phillipines Sea - get it thru your head - Community Organizer - never took world history or geography-

Obama is clueless - his entourage is an embaraasment

Never One Roach's picture

Obama's America of "Hope & Change":

 

4 Hours in Huntington: how the heroin epidemic choked a city

 

http://www.msn.com/en-us/news/us/4-hours-in-huntington-how-the-heroin-ep...

SixIsNinE's picture

that's cute - you can pin a lot of things on Obama, but not this one - DEA gets ALL the Glory & Credit Due

50 Years of Failure.

Tens Hundreds of Thousands of Alcoholic retired police & LEOs.

Good job DEA !

 

DrewJackson's picture

That is bullshit.   Chinese were a maritime power for a handful of years.   Then they sunk the great fleet on their own, and lost a few trying to invade Japan.

 

I guess we should turn the Gulf Of Mexico to the Mexicans?

 

 

847328_3527's picture

Obama's Home Town would like him back:

 

1 dead, 9 wounded in Chicago shootings

http://www.chicagotribune.com/news/local/breaking/ct-chicago-violence-la...

 

Maybe he can "fundamentally transform" dat citee also.

Oracle 911's picture

Failure?! By whose metric?

He is really successful in his REAL job. And his real job is destroying America and its empire, not the presidential one.

Republi-Con's picture

OF COURSE...

Putin is a COMMIE KGB REDUX dude now... 

And CHINA is a COMMIE TRUE BELIEVER...

And ZERO HEDGE IVAN-DJIISKI is a US HATING Bulgarian Commie...

FYI: Ivandjiiski is a CONVICTED Wall Street CHEAT...

So we have the Holy Red Trinity.

LMAO. 

Yen Cross's picture

  Were you Fed. radioactive fiat lettuce as a child?

masisishot's picture

Fucking hit the nail on the head right there....

masisishot's picture

WTF are you even on about? It has absolutly nothing to do with respect. All your inane comment shows is that you have zero respect for the president. Thats all good and well.

He was given a hard time because he is flying planes over their islands and continuously calling them out over there expansion into the South China Sea. They dont pay too kindly to that kind of shit. They love Putin because he is their ally, always has been and they agree idealogically at the moment about wanting to expand their empires to their former glories. 

As if the Chinks give a shit about what a presidents approval rating is...jesus...the dumbfuks have come out of hiding from under their rocks and out their caves during this election cycle. The fact that you have 44 upvotes for this moronic comment only serves to prove my point.

 

conscious being's picture

"As if the Chinks give a shit about what a presidents approval rating is..."

"Mandate of Heaven". Look it up.

MasterControl's picture

But the reset button....

Huckleberry Pie's picture

When the playground bully doesn't get his way, toys get thrown.

a Smudge by any other name's picture

What really made me laugh was one explanation from a Chinese official. They didn't send out stairs because Obama didn't ask them to.

Ah, gee well that explains it. LMAO.

Berspankme's picture

It's 20 of the biggest jackoffs in the world gathering in one place

espirit's picture

Xi didn't want any of Obamas 'cream'.

smacker's picture

Only outdone by Davos...

Dr. Spin's picture

Hey Looney,

Wherz Banzai when you need him???

;-D