(Nicolas Asfouri / AFP-Getty Images)President-elect Donald Trump on Sunday blamed China for militarizing the South China Sea, taxing U.S. imports and devaluing its currency — even though the Chinese Renminbi has appreciated rapidly for the last 10 years. “Did China ask us if it was OK to devalue their currency (making it hard for our companies to compete), heavily tax our products going into their country (the U.S. doesn't tax them) or to build a massive military complex in the middle of the South China Sea? The tweets come two days after Trump spoke on the phone with Taiwan President Tsai Ing-wen, an astonishing break with diplomatic protocol that confounded foreign policy experts and angered Beijing. China regards self-governing Taiwan as a breakaway province, and the two sides enjoy a fragile peace marked by delicate political rhetoric and rising economic integration. China lodged a diplomatic protest with the U.S. over the call.

Source: Los Angeles Times December 05, 2016 02:38 UTC