Dinar Daily
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
China, U.S. call time-out on diplomatic brawls I_icon_minitimeYesterday at 6:02 am by Ditartyn

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
China, U.S. call time-out on diplomatic brawls I_icon_minitimeSat Mar 23, 2024 9:25 am by swizzlestick

» ZIGPLACE
China, U.S. call time-out on diplomatic brawls I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
China, U.S. call time-out on diplomatic brawls I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
China, U.S. call time-out on diplomatic brawls I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
China, U.S. call time-out on diplomatic brawls I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
China, U.S. call time-out on diplomatic brawls I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
China, U.S. call time-out on diplomatic brawls I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
China, U.S. call time-out on diplomatic brawls I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
China, U.S. call time-out on diplomatic brawls I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
China, U.S. call time-out on diplomatic brawls I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
China, U.S. call time-out on diplomatic brawls I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
China, U.S. call time-out on diplomatic brawls I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

» The second American Revolution has begun, God Bless Texas
China, U.S. call time-out on diplomatic brawls I_icon_minitimeMon Jan 29, 2024 6:13 pm by kenlej

» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
China, U.S. call time-out on diplomatic brawls I_icon_minitimeSun Jan 28, 2024 3:28 pm by Mission1st

» Tucker talking Canada
China, U.S. call time-out on diplomatic brawls I_icon_minitimeWed Jan 24, 2024 6:50 pm by kenlej

» Almost to the end The goodguys are winning
China, U.S. call time-out on diplomatic brawls I_icon_minitimeMon Jan 22, 2024 9:03 pm by kenlej

» Dinar Daily Facebook Page
China, U.S. call time-out on diplomatic brawls I_icon_minitimeMon Jan 22, 2024 3:34 pm by Ponee

» The Fundamentals of Finance and Pimpy Live
China, U.S. call time-out on diplomatic brawls I_icon_minitimeThu Jan 18, 2024 7:17 am by Dinarhater

» Why Won't the Iraqi Dinar Scam Die?
China, U.S. call time-out on diplomatic brawls I_icon_minitimeWed Jan 17, 2024 5:19 pm by RamblerNash

China, U.S. call time-out on diplomatic brawls

Go down

China, U.S. call time-out on diplomatic brawls Empty China, U.S. call time-out on diplomatic brawls

Post by lexie Tue Aug 23, 2011 8:24 am

Aug 22, 2011



Analysis:China, U.S. call time-out on diplomatic brawls




(Reuters) - During Vice President Joe Biden's visit to China, Beijing and Washington confined their brawling to the basketball court, and for now economic and political needs should keep tensions in the diplomatic arena from spiraling into fully-fledged feuds.

With some two thirds of their nation's $3.2 trillion of foreign exchange reserves in dollar assets, and their own tricky power handover to navigate, China's leaders used Biden's visit that ended on Monday to signal that, despite U.S. economic woes, they are not yet writing obituaries for American power.

Both Biden and his Chinese hosts showed they want to avoid unnerving blow-ups with global markets already spooked. Both governments also face a potentially volatile political season in 2012, when President Barack Obama runs for re-election and the Chinese Communist Party installs new leaders.

"In China nowadays there's a variety of viewpoints. Some people see the United States as in decline," said Zhu Feng, a professor of international relations at Peking University who specializes in Sino-American relations.

But "the Chinese leadership's view is that although the U.S. economy faces difficulties, it will improve ... I think this visit was deliberately arranged to send a clear signal that China does not see the United States in decline and believes it can overcome the current hardships."

The atmosphere of goodwill during Biden's visit was marred by a fight that broke out during a "friendship" basketball game in Beijing between Washington's Georgetown Hoyas and the Chinese side, the Bayi Military Rockets.

A senior Obama administration official accompanying Biden said there was clearly a shared understanding that with the upcoming leadership transitions "figuring out how to manage the relationship" was more complicated -- and a priority. The official spoke on condition of anonymity.

XI, WILL YOU BE MY G2?

Chinese Vice President Xi Jinping, who is virtually certain to succeed Hu Jintao as Chinese President in early 2013, hosted Biden during this visit.

Obama administration officials have said they want to build trust with Xi (pronounced "Shee") ahead of the leadership transition and came away assured.

"Clearly both of them will walk away from ... these few days with a much, much better understanding for the other guy, what's driving the other side, what is constraining the other side," said another U.S. official who accompanied Biden to Beijing and the southwest Chinese city of Chengdu.

Disputes from human rights to Taiwan to the South China Sea offer plenty of kindling for abrupt feuds, but several analysts and officials said that the two sides are unlikely to seek a scrap now.

For China, the most tricky issue is Taiwan, the self-ruled island that Beijing calls an illegitimate breakaway. Last year, China vehemently condemned the Obama administration for approving a package of arms sales to Taiwan.

The administration is considering another arms sale, but sources have told Reuters that any deal is unlikely to include new Lockheed Martin F-16 fighter jets, which Beijing has made the focus of its objections.

Biden gave an extra push to the notion that the two countries are an informal "G2," a pair whose power sets them a rung above the other major powers in the G20 bloc and that cooperation would help the global economy.

"I hope this doesn't sound chauvinistic to other countries, but our mutual success will benefit the whole world," Biden told senior officials in Beijing. "It is the key, in my view, to global economic stability."

Tensions in the South China Sea, with the risk of military jostling, could also spark quarreling between China and the United States. But Andrew Small, a researcher at the German Marshall Fund think-tank in Brussels who studies Chinese foreign policy, said both sides hope to keep those disputes on the back-burner.

"At one level you're getting more of this kind of G2 relationship, and a deal to restrain tensions," said Small. "But simultaneously, there's still a lot of kicking and pushing under the table, especially in Asia-Pacific."

Still, Washington may believe the G2 talk encourages Beijing to be more accommodating in international dealings, an analyst said, but in China a widely shared sense of the nation's rising power also encourages views that Beijing should stand tougher.

A recent study by the Chinese Academy of Social Sciences showed that 45.9 percent of respondents said their government should "stick more firmly to principles" when dealing with the United States, while 41.3 percent said it should be "a bit more flexible."

"It's clear that even before this latest problem with the debt ceiling and the cascading debt problems in Europe, the Chinese were saying that the West has been damaged by the financial crisis and China is narrowing the gap," said Bonnie Glaser, an expert on U.S.-China ties at the Center for Strategic and International Studies, a think-tank in Washington D.C.

"There are louder and louder voices that are saying ... the U.S. is increasingly weak and therefore China can stand up for its core interests," she said in an interview before Biden's visit.



http://www.reuters.com/article/2011/08/22/us-china-usa-idUSTRE77H0HA20110822




lexie
lexie
Elite Member
Elite Member

Posts : 1812
Join date : 2011-06-24

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum