Tuesday, January 18, 2011

US vs China - story to be unfolded

For now, China's concern for regime stability, continued economic growth, markets for its goods and access to resources around the world to fuel that growth continue to drive its policy choices. Which is why in the near term China is willing to continue to benefit from the U.S. taking the lead on diplomatic issues around the world and paying the political and economic cost.
But if China continues to consolidate its economic and political power, its assertiveness will likely grow, which will leave U.S. influence on China increasingly limited. Washington dreads the day Beijing is immune to its pressure and throws Clinton's famed question back at her. How can you get tough with your banker? The answer from China, the U.S. fears, is that you can't.
Q: Can China continue its growth linearly, for how long? Where will its economy, political and legal system settle down? What if there is an avalanche.
Extra: CNN's coverage of Hu's visit to US (20110119)
Ancient Silk Road
Who made into the state dinner for Hu on Jan 19, 2011? 
Why China Reacts to Financial Crises Better than the U.S.?


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