Obama appeals for the necessity of deeper collaboration between US and China

July 27, 2009 - 2:39pm | Analytics | News |
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Obama appeals for the necessity of deeper collaboration between US and China

According to the Reuters report, Monday, opening two days negotiations  between high-ranking American and Chinese officials intended to get the new Obama administration off to a good start with Beijing, Barack Obama appealed for deeper collaboration between the economics of two superpowers, US and China. 

The talks are also devoted to the global economic crisis, climate change and the dispute with North Korea over nuclear weapons.

The US president outlined a broad agenda for a positive relationship between two countries that do not always see eye to eye. Obama considered the relationships between US and China to shape the 21st century, which makes it as important as any bilateral relationship in the world. 

At the beginning of the US-China Strategic and Economic Dialogue, both Obama and Timothy Geithner avoided any mention of sensitive currency issues that have long been an issue between the two countries. Moreover, Obama did mention human rights, as he believes both nations consider the religion and culture of all peoples must be respected.

The majority of Obama’s remarks focused on the US-Chinese economic relationship and the way two countries better work together to help economic recovery and supply growth. Obama has a firm belief that US and China can encourage financial stability through greater transparency and regulatory reform, as well as pursue free and fair trade and seek to conclude "an ambitious and balanced Doha Round". 

Obama also stated the necessity of the continuation of the collaboration between the United States and China “to achieve the denuclearization of the Korean peninsula and make it clear to North Korea that the path to security and respect can be traveled if they meet their obligations."






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