Sunday, September 21, 2008

Budding relationship with China

From Summer: China's economy has been steadily growing within the last couple decades; it has the fourth largest GDP. Because of their need for a clean environment it has a recently developed environmental program. This program has the potential to lead to interaction with the US and supplying American jobs. Also, one can easily see that there is a flood of China's exports in the world market. It has a huge surplus, and in order to maintain financial stability, it is in China's and the US's best interest to cooperate by allowing the US to invest in Chinese markets. Both parties benefit from this.

Energy security and environmental protection are shared priorities between China and the US. Already there is cooperation in joint research focusing on creating new energy-efficient models. It's obvious China is a huge growing superpower and better to become close allies than to keep distance. US and China's shared intersts make it easier for this relationship and I believe in the future it will work best for a stable relationship and will provide security for both countries.

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