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The following article was published in our article directory on October 28, 2010.
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Article Category: Business
Author Name: xia zihui
Sino-US relations in the face of the exchange rate, trade and security matters discord again and again, and no intention of cooperating with the U.S. determined that China, Obama has become a tough attitude to Beijing, and seek international coalition to deal with increasingly powerful China.
Beijing had tried to win over Obama, now trying to neighbors and trading partners China, allied to the RMB exchange rate and the South China Sea issue and other thorny issues, common to put pressure on Chinese leaders.
This new approach benefits and limitations of South Korea at the weekend the Group of Twenty (G20) finance ministers and central bank governors meeting to show exhaustive. America won the multi-national support to ensure the reduction of trade imbalance, the RMB exchange rate issue for Beijing to be more pressure.
However, the U.S. trade imbalance for the development be limited to the idea of further pressure on China, were Germany, Italy and Russia opposed. This forced the U.S. Treasury Secretary Timothy Geithner diverted after the meeting in South Korea in China, to the increasingly tense exchange rate, and China held talks with Vice Premier Wang Qishan.
U.S. officials in Washington said the past two years, a serious loss of trust so that they did not dare to look forward to working with China to address climate change, nuclear proliferation, as well as the establishment of new global economic order and other major challenges.
In response to the rise of China, the United States is working with Japan and South Korea resumed the Cold War alliances and strengthen the forces in other parts of Asia. This week, Hillary Clinton will visit Vietnam to attend the East Asia Summit, the trip was her sixth visit to Asia since taking office, within 4 months as well as her second visit to Vietnam. U.S. Department of State for Asia and Pacific Affairs, Assistant Secretary of State in the Clinton visit Campbell held before the media briefing that the visit that the Obama administration in the strategic, political, multilateral, economic and trade issues in Asia series affairs efforts.
Next month, U.S. President Barack Obama plans to visit Japan, Indonesia, India and South Korea, 4 countries, many people noted that the trip around China. Analysts pointed out that despite the U.S. claim that Obama has visited China, while the visit to Indonesia also dragged on the itinerary, it seems that Obama intended not intentionally neglect the itinerary in China, but this still has a certain symbolic significance .
2008 economic crisis, China is more obvious way to show strength, which is partly because China is also affected by the financial turmoil, the economy has recovered rapidly, more contribute to the United States has the boom-bust, China is in favor of view. But he said Washington determined to reverse that impression and restore American leadership.
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