Nancy Pelosi: China Policy is a "total failure"

The leader of the Democrats in the US House of Representatives on Thursday denounced Washington's China policy as a "total failure," particularly with respect to the spiraling US trade deficit.

"There has never been any good faith on the part of the Chinese to act in a way that is fair, that honors the opportunity that we give them to grow their economy by using our markets for that growth," Minority Leader Nancy Pelosi said. "As a result, much sensitive technology, some of it related to weapons of mass destruction, was exported from China to unsafe countries."

Because of misguided US trade policy, "the trade deficit has soared, and religious repression continues, and we are up the creek," she told reporters at a press conference.