英雄广东十虎网盘下载:Why China matters - Jan. 18, 2011

来源:百度文库 编辑:九乡新闻网 时间:2024/10/05 23:03:23
Hu Jintao visits the White House

Why China matters

President Barack Obama and Chinese President Hu Jintao shake hands before the G-20 meeting in Seoul in November. By Annalyn Censky, staff reporterJanuary 18, 2011: 10:55 AM ET

NEW YORK (CNNMoney) -- If China and the United States had Facebook profiles, their relationship statuses would say "it's complicated."

With both a creditor-debtor and seller-buyer relationship, the two world superpowers are strange bedfellows to say the least.

0:00 /4:45Legendary investor Jim Rogers on China

American businesses have also complained, blaming Chinese officials for failing to enforce intellectual property laws and offering large subsidies that give an unfair advantage to Chinese exporters.

In written responses to questions from the Wall Street Journal and Washington Post published Monday, Hu was quick to defend the yuan, but also focused on strengthening ties with the U.S.

"We both stand to gain from a sound China-U.S. relationship, and lose from confrontation," he wrote.

But those tiffs are hardly irreconcilable differences, as both countries admit they need each other. That may be why Americans are more likely to see hand shakes at photo ops this week, rather than pointing fingers.