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  1. #1

    Default US and China pledge closer cooperation

    US and China are getting along quite well for a Communist/Capitalist relationship. I'm surprised. Perhaps China may be more pro-US than agaisnt it.

    http://www.google.com/hostednews/ap/...lBirwD99NOK2O1

    WASHINGTON — The United States and China on Tuesday pledged closer cooperation to deal with global hot spots such as Iran and the worst financial crisis since the 1930s.


    While Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner sought to portray the two days of high-level talks as a positive development in U.S.-China relations, the list of accomplishments on the economics side basically reaffirmed steps both nations have already taken to deal with the financial crisis.


    On foreign policy, there were no apparent breakthroughs although the countries pledged closer cooperation in dealing with the nuclear ambitions of North Korea and Iran.


    Clinton conceded that differences remained in many areas such as human rights, but she said the candid discussions were important in building the foundations for the two nations going forward.


    "Laying the groundwork may not yield a lot of concrete achievements immediately, but every step is a good investment," she told reporters at a closing U.S. news conference.


    President Barack Obama, who is scheduled to travel to China before the end of this year, met with the two delegations in the Oval Office at the close of the talks Tuesday.


    Clinton and Geithner and their Chinese counterparts, Vice Premier Wang Qishan, the country's top economic policymaker, and State Councilor Dai Bingguo, who oversees foreign policy, both expressed satisfaction with the outcome of the talks.


    "In the wake of a severe global financial crisis, we agreed it is vitally important for China and the United States to see through their commitments to repair the financial system and lay the foundation for recovery," Geithner said at the closing news conference.


    Clinton noted that Dai had been involved in Chinese policy toward North Korea for some time and that she had spent "quite a bit of time" with him talking about the Chinese perception of North Korea and U.S.-North Korea interactions. "I found that very useful, indeed," she said.


    But it was not clear if the China side, long North Korea's strongest ally, had agreed to step up pressure on the North to return to six-nation disarmament talks or halt a provocative series of missile launches and nuclear tests. Those acts prompted the United Nations to impose the strictest sanctions ever on North Korea.


    Also unclear was China's willingness to prod Iran to address international concerns over its nuclear program, although Clinton said the U.S. and China shared the view that Iran should not be allowed to develop atomic weapons.


    "I was also pleased that China shares our concerns about Iran becoming a nuclear weapons state. The potential for destabilizing the Middle East and Gulf is viewed similarly by the Chinese as it is by us," Clinton said.


    But China, along with Russia, has long acted as a spoiler in efforts to impose more sanctions on Iran over its nuclear program, blocking attempts by western nations at the U.N. Security Council to implement additional penalties until the country agrees to suspend nuclear activities that could lead to the development of an atomic weapon.


    China has also bristled at U.S. criticism of its human rights record, which Clinton said was "absolutely integral to the strategic and economic dialogue." But Clinton was vague when asked specifically what issues were raised during the talks other than recent deadly ethnic violence in China's western Xinjiang Province.


    "We discussed a number of human rights issues, including the situation in Xinjiang and we expressed our concerns. It was certainly a matter of great interest and focus," she said without elaborating.
    At a separate Chinese news conference, Vice Foreign Minister Wang Guangya said that China appreciated the "moderate attitude" of the U.S. response.


    Both nations sought to play down disagreements on trade, exchange rates and climate change and instead offered a picture of harmony with China pledging to work toward a key U.S. goal that it foster greater domestic-led growth to reduce its reliance on exporting to the United States.


    For its part, the Obama administration pledged to tackle the budget deficit, which this year is projected to hit a record $1.84 trillion. That flood of red ink has left the Chinese, the world's largest holder of U.S. Treasury securities, distinctly nervous about the safety of their investments.


    The talks this week, which Obama opened Monday, represented a modification of discussions that were begun by the Bush administration. Those talks, led by then-Treasury Secretary Henry Paulson, focused primarily on economic issues.


    However, Obama expanded the agenda of the renamed Strategic and Economic Agenda to include not just economic disagreements but also foreign policy issues.


    In his comments Tuesday, Wang voiced support for a key U.S. goal that China shift to more domestic-led growth rather than depending so much on exports that drive up the U.S. trade deficit.


    "China will focus on boosting domestic demand and in particular consumer demand," Wang said, speaking through a translator. But Wang cautioned that this was "not an easy task" and would require "long-term and arduous efforts."


    U.S. officials have expressed concerns in the past that China was moving too slowly in making the changes needed such as building a better social safety net that would encourage its citizens to spend more and save less.


    Geithner repeated the commitment that the administration would trim its budget deficits once the spending necessary to jump-start the economy and stabilize the financial system had been completed.
    However, private economists are worried that the administration has yet to put forward a credible plan to meet Obama's pledge to cut the deficit in half by the end of his first term in office. This year's imbalance is projected to be more than four times the size of last year's.


    The economic talks on Tuesday focused on the need to fight against erecting protectionist trade barriers during the economic downturn. Other economic issues on the final day were ways to achieve the goal of overhauling the International Monetary Fund and other global financial agenciesto give emerging economies such as China greater say in the operation of the institutions.


    On climate control and energy, China did not signal any change in its refusal to agree to a specific cap on those emissions, but the two sides did sign a document that Clinton said would create a platform for cooperation on climate change in the future heading into key climate negotiations in Copenhagen later this year.


    Associated Press writers Matthew Lee, Jim Kuhnhenn, Foster Klug and Daniel Wagner contributed this report.


  2. #2

    Default Re: US and China pledge closer cooperation

    Bad news for russia

  3. #3
    Darth Red's Avatar It's treason, then
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    Default Re: US and China pledge closer cooperation

    For its part, the Obama administration pledged to tackle the budget deficit, which this year is projected to hit a record $1.84 trillion. That flood of red ink has left the Chinese, the world's largest holder of U.S. Treasury securities, distinctly nervous about the safety of their investments

    No, it is purely a marrige of convienence. This was the paragraph that stood out for me as to why they would want to help us in any way shape or form.
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  4. #4
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    Default Re: US and China pledge closer cooperation

    Apart from China's capitalistic hubs, how are they... hmmm moving more against democracy? or... standing their ground?
    Thorolf was thus armed. Then Thorolf became so furious that he cast his shield on his back, and, grasping his halberd with both hands, bounded forward dealing cut and thrust on either side. Men sprang away from him both ways, but he slew many. Thus he cleared the way forward to earl Hring's standard, and then nothing could stop him. He slew the man who bore the earl's standard, and cut down the standard-pole. After that he lunged with his halberd at the earl's breast, driving it right through mail and body, so that it came out at the shoulders; and he lifted him up on the halberd over his head, and planted the butt-end in the ground. There on the weapon the earl breathed out his life in sight of all, both friends and foes. [...] 53, Egil's Saga
    I must tell you here of some amusing tricks the Comte d'Eu played on us. I had made a sort of house for myself in which my knights and I used to eat, sitting so as to get the light from the door, which, as it happened, faced the Comte d'Eu's quarters. The count, who was a very ingenious fellow, had rigged up a miniature ballistic machine with which he could throw stones into my tent. He would watch us as we were having our meal, adjust his machine to suit the length of our table, and then let fly at us, breaking our pots and glasses.
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  5. #5
    CtrlAltDe1337's Avatar Praepositus
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    Default Re: US and China pledge closer cooperation

    China just wants our money, and we need their loans


  6. #6

    Default Re: US and China pledge closer cooperation

    taht's really nothing new.
    Have a question about China? Get your answer here.

  7. #7
    Farnan's Avatar Saviors of the Japanese
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    Default Re: US and China pledge closer cooperation

    As I told Bushbush, the US and China have a symbiotic relationship, we cannot survive without the other.
    “The nation that will insist upon drawing a broad line of demarcation between the fighting man and the thinking man is liable to find its fighting done by fools and its thinking by cowards.”

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  8. #8
    Last Roman's Avatar ron :wub:in swanson
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    Default Re: US and China pledge closer cooperation

    Quote Originally Posted by Total Fanatic :) View Post
    Perhaps China may be more pro-US than agaisnt it.
    It has been for awhile now. If it weren't for us, who would buy all their cheap, crappy stuff? We are the lifeblood of their economy (for the meantime anyways)
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  9. #9
    alhoon's Avatar Comes Rei Militaris
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    Default USA-China relationships seem to get better

    http://en.wikipedia.org/wiki/U.S.%E2...nomic_Dialogue

    It seems a good move and it is about time, in an economic recession to warm the relations between the larger economy and the largest population.

    I'm just worried that some people will look down on this in USA. The old "against the commies!" mentality and such.
    alhoon is not a member of the infamous Hoons: a (fictional) nazi-sympathizer KKK clan. Of course, no Hoon would openly admit affiliation to the uninitiated.
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  10. #10

    Default Re: USA-China relationships seem to get better

    China has invested good amount of hard earned money to USA ( so called economic stimulus is financed by borrowed money from china), so Chinese are very interested in getting USA back on track.

  11. #11
    Darth Red's Avatar It's treason, then
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    Default Re: USA-China relationships seem to get better

    There is another thread...."US and China pledge closer cooperation"
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  12. #12

    Default Re: USA-China relationships seem to get better

    Next thing you know Us wants to build missle base in china near russia border.

  13. #13

    Default Re: USA-China relationships seem to get better

    Quote Originally Posted by shadyrome View Post
    Next thing you know Us wants to build missle base in china near russia border.
    I don't think the US is in any position to make demands, they basically own the US. China has the means, if it want to do so to economically wreck the US. They have some much dollars that spending them would start hyperinflation in the US and send the exchange rate of the dollar rock bottom and below even.

    My guess is that they are talking about a graceful and slow way for the US to down, sort of a soft landing, the US won't mention human rights anymore and China can slowly restructure its economy to supply its own population instead of the US.

  14. #14

    Default Re: USA-China relationships seem to get better

    Quote Originally Posted by Generaal Van Heutsz View Post
    I don't think the US is in any position to make demands, they basically own the US. China has the means, if it want to do so to economically wreck the US. They have some much dollars that spending them would start hyperinflation in the US and send the exchange rate of the dollar rock bottom and below even.

    My guess is that they are talking about a graceful and slow way for the US to down, sort of a soft landing, the US won't mention human rights anymore and China can slowly restructure its economy to supply its own population instead of the US.
    And then we tarrif all of their goods and they loose all their money to back up any investment they had. The US is actually on a level playing field with them economically.
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  15. #15

    Default Re: USA-China relationships seem to get better

    Quote Originally Posted by Future Filmmaker View Post
    And then we tarrif all of their goods and they loose all their money to back up any investment they had. The US is actually on a level playing field with them economically.
    They don´ t actually need to export to the US when in effect they get nothing in return but worthless paper, they could also keep the stuff they make themselves and finally enjoy flatscreen tv´ s computers and whatever China manufactures for you.

    You know you are not doing China a favor by consuming their goods, they are doing you a huge favor by letting you consume their goods basically for free.
    Last edited by Generaal Van Heutsz; July 29, 2009 at 08:58 AM.

  16. #16

    Default Re: USA-China relationships seem to get better

    Quote Originally Posted by shadyrome View Post
    Next thing you know Us wants to build missle base in china near russia border.
    and Uighurs are all Bin Ladens followers, and the students at Tienanmen killed themselves.
    Ugly as the north end of a pig going south

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  17. #17
    alhoon's Avatar Comes Rei Militaris
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    Default Re: USA-China relationships seem to get better

    Actually China isn't a democracy. So it can tell the Chinese "Bad luck, famine comes because your beloved goverment decided to take a dive in order to take USA with it" and accept the poverty. USA would face riots, unrest etc. In China protesters aren't as vocal.

    Oh, and are Flat TV screens even legal in China? I don't know their system.
    alhoon is not a member of the infamous Hoons: a (fictional) nazi-sympathizer KKK clan. Of course, no Hoon would openly admit affiliation to the uninitiated.
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  18. #18

    Default Re: USA-China relationships seem to get better

    Quote Originally Posted by alhoon View Post
    Actually China isn't a democracy. So it can tell the Chinese "Bad luck, famine comes because your beloved goverment decided to take a dive in order to take USA with it" and accept the poverty. USA would face riots, unrest etc. In China protesters aren't as vocal.

    Oh, and are Flat TV screens even legal in China? I don't know their system.
    They don't need to take a dive, when they stop exporting stuff to the US (for free) it just means there will be more left for the Chinese themselves, they would become wealthier not poorer.

  19. #19

    Default Re: USA-China relationships seem to get better

    Quote Originally Posted by alhoon View Post
    Oh, and are Flat TV screens even legal in China? I don't know their system.
    this gotta be the dumbest question of the century lol.



    i bet they are not allowed to watch it....
    Last edited by bushbush; July 29, 2009 at 04:25 PM.
    Have a question about China? Get your answer here.

  20. #20

    Default Re: USA-China relationships seem to get better

    Oh, and are Flat TV screens even legal in China? I don't know their system.
    What?

    No. Flat screen TVs are illegal in China because they're a constant reminder of dirty capitalism and an affront to the glorious people's republic. In China, if you're caught with a television with an occident curvature of less than 10.5 degrees, you are shot without trial.

    Cell phones, on the other hand, are a symbol of the power of the proletariat. It's widely disseminated via propaganda, that Mao received his inspiration for the people's revolution through an iPhone. If you're caught in China with less than 4 cell phones, you are shot without trial.

    I hope this clarifies some things for you.

    They don't need to take a dive, when they stop exporting stuff to the US (for free) it just means there will be more left for the Chinese themselves, they would become wealthier not poorer.
    That's... actually not how global economy works. China needs to continuously export in order to support the domestic market, not the other way around. Regardless, electronic sales including domestically designed and produced flat screen TVs and mobile devices within China has skyrocketed six fold since 2007. Of course none of this would be possible without foreign investment from the likes of Motorola, LG, etc, which is why China has some of the lowest corporate tax rates in the world, especially regarding the electronics industry. Which is also why every CEO and his grandmother is motivated to kill the competition to get a piece of the Chinese market.
    Last edited by Mithie; July 29, 2009 at 11:01 AM.

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