cvn
Obama on China
Filed in archive News by Greg Cruey on November 7, 2008
"The basic framework of U.S. policy under an Obama administration will not fundamentally change," said Cui Liru, president of the China Institute of Contemporary International Relations, in Beijing today (according to Huffington Post writer Michael Standaert.

There's been a lot said about what an Obama Presidency would mean to U.S. China relations - particularly for our economic ties. Obama has at times sounded like a protectionist, willing to break ties with China and insulate the U.S. economy. He wants to see the Chinese currency, the yuan renminbi floated more freely and allowed to strengthen to something closer to its real value on world markets. But that alone is not protectionism; even the Bush Administration wanted that. Will Obama be more confrontational in his approach to China on the issue? Will he create tariffs for Chinese goods?

A number of writers, Standaert among them, have pointed out how much China and the U.S. have in common - like their desire to solve the current global financial crisis. Jocelyn Eikenburg (The Wu Way points out Obama's reputation for pragmatism and quotes Chinese sources as saying: "China is not a friend, nor an enemy. The Chinese are competitors."

I expect the same tensions that existed in U.S.-China relations under the Bush Administration to continue under President Obama. And my guess is that the new President will redouble some of the U.S. efforts for a more realistic currency exchange rate. But I personally don't expect things to change much...

Obama on China
© IowaPolitics.com




Related Entries:

Permalink: Obama on China
Tags: obama  china  2008  more  2007  obama+china  laptops+china  advertisement+book 
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/137639
img Addthis img Ask img Blinklist img del.icio.us img Digg img Fark img Facebook img Google img Lycos img Ma.gnolia Add this page to Mister Wong Mr Wong img Netscape img Netvousz img Newsvine img Reddit img StumbleUpon img Slashdot img Tailrank img Technorati img Wink img Yahoo

Vote for Obama on China:

  • Currently 7.80/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 7.80 out of 5 vote(s) cast.
 
Subscribe
Share It
RSSrss
See all blog subscribe options
Google google
What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter

TwitterFollow us on Twitter!