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Politics : War -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (7553)10/25/2001 6:16:53 AM
From: GUSTAVE JAEGER  Read Replies (1) | Respond to of 23908
 
Told you so.... (*)

(*) Message 16345020

CHINA-U.S. RELATIONS
Terror Throws Us Together, For Now At their first summit the leaders of China and the United States began building a better relationship that can only benefit business. To deliver real rewards for both China's economy and foreign investors, it needs to last longer than U.S. retaliation in Afghanistan

By Michael Vatikiotis, Ben Dolven and David Murphy/SHANGHAI

Issue cover-dated November 01, 2001

AGAINST THE BACKGROUND of apprehension in Asia over the United States-led "war against terrorism," the glimmer of a silver lining has appeared. President George W. Bush's visit to Shanghai forged a new spirit of partnership and amity with Beijing that would have been unthinkable before the events of September 11.

It's ironic this happened under a U.S. administration that set out this year to demolish former President Bill Clinton's notion of a "strategic partnership" with China, preferring instead to frame Beijing as a "strategic competitor." What a difference a crisis makes, especially one as big as the attacks of September 11. "I think a new partnership is going to evolve over time--and as we get over the bumps of the last year," says a Bush administration official.

Describing this as the "silver lining" to the aftermath of the carnage in New York and Washington, the U.S. official notes that the China-U.S. relationship is now warming up on the security front--as well as in terms of trade and business.

If it lasts, the new partnership will indeed boost business. On the fringes of the first meeting between Bush and President Jiang Zemin, major U.S. corporations including Microsoft, Applied Materials, Hewlett-Packard and General Motors all announced greater investments in China. Sandra Kristoff, a former U.S. administration official who is now a senior executive of insurance giant New York Life, went so far as to call 2001 "the year of China." So for the many businesses banking on China's economic strength to stave off recession, it's critical that the improved relationship is more than temporary.
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