SENATE RESOLUTION: Chinese Currency Manipulation Resolution (Passed)
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  SENATE RESOLUTION: Chinese Currency Manipulation Resolution (Passed)
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Author Topic: SENATE RESOLUTION: Chinese Currency Manipulation Resolution (Passed)  (Read 1935 times)
Senator-elect Spark
Spark498
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Junior Chimp
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« Reply #50 on: March 20, 2021, 06:54:33 PM »

Aye
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Southern Senator North Carolina Yankee
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« Reply #51 on: March 20, 2021, 09:23:22 PM »

AYE
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SevenEleven
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« Reply #52 on: March 20, 2021, 11:25:20 PM »

Nay.
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Southern Senator North Carolina Yankee
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« Reply #53 on: March 20, 2021, 11:28:26 PM »

This is going to be one of those votes isn't it?
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Southern Senator North Carolina Yankee
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« Reply #54 on: March 21, 2021, 07:57:34 PM »

Senators have 24 hours to change their votes. Thin but I think this can be done with 3 and an abstention.
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Southern Senator North Carolina Yankee
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« Reply #55 on: March 24, 2021, 10:28:21 AM »

Vote on Final Passage of the Chinese Trade and Territorial Expansion Resolution:

Aye (3): Blair, NC Yankee and Spark498
Nay (1): SevenEleven
Abstain (1): Falterin

Didn't Vote (1): Pericles

This resolution has passed.
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Southern Senator North Carolina Yankee
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« Reply #56 on: March 24, 2021, 10:31:30 AM »

Quote
SENATE RESOLUTION
To condemn the trade policies and territorial expansion by the Peoples Republic of China.


Be it Resolved in both Houses of Congress Assembled,

Quote
Chinese Trade and Territorial Expansion Resolution

Section 1. Background

In flagrant violation of international law, the People's Republic of China has taken a series of actions that involve uses of force to instigate retaliation between its neighbors such as India. If no action is taken on the part of Atlasia, the two countries will be set on a path toward war. The purpose of this resolution is to condemn China's practices and tactics as it relates to their un-quenched desire for territorial expansion at the expense of the rest of the world.

As it relates to currency manipulation, China is able to set the value of its currency as it sees fit as it possesses a centrally-planned economy. This provides an unfair advantage to the People's Republic of China because the value of other nations' currency continues to fluctuate. By lowering the value of their currency, China gains an unfair advantage. While steps have been taken in recent years, the Republic of Atlasia shall monitor this activity closely to regain an international trade balance.

Section 2. Definition
1. Salami slicing practices entail using subversive tactics to expand their territorial claims by being the aggressor and then claiming self-defense when another nation retaliates.


Section 2. Adoption
1. The passage of this resolution will create a watch-list and add China as a member country
2. Upon passage, The Republic of Atlasia will officially condemn China's "salami-slicing" practices in Asia.

People's Regional Senate
Passed 3-1-1

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