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Economic ties get boost with new deal

0 CommentsPrint E-mail China Daily, May 11, 2011
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(L-R) China's State Councilor Dai Bingguo, Vice-Premier Wang Qishan, US Secretary of State Hillary Clinton and US Treasury Secretary Timothy Geithner gather for a portrait before a banquet for the Strategic and Economic Dialogue at the State Department in Washington, May 9, 2011.[China Daily via agencies]

(L-R) China's State Councilor Dai Bingguo, Vice-Premier Wang Qishan, US Secretary of State Hillary Clinton and US Treasury Secretary Timothy Geithner gather for a portrait before a banquet for the Strategic and Economic Dialogue at the State Department in Washington, May 9, 2011.[China Daily via agencies]



Chinese experts welcomed the military talks.

It is reported that General Ma Xiaotian, deputy chief of the general staff of the People's Liberation Army, Michle Flournoy, US under secretary of defense for policy, and US Four-Star Admiral, Robert Willard, participated in the security talks,

Tao Wenzhao, a scholar on American studies at the Chinese Academy of Social Sciences (CASS), said the high-level security talks show the significance of the meeting for both countries.

Fan Jishe, an expert on US studies at CASS, said the US has been pressing China to increase military transparency, spurred by worries he described as overreaction.

But the two militaries have been seeking to improve relations and this is reflected by the talks, he said.

"But they still have major differences. China insists that both sides have strategic trust before talks, and the US says talks can generate trust," Fan said.

The Washington Post on Tuesday spoke positively on the presence of Chinese military officers, saying "the US government has been frustrated in the past with its inability to get China's military to discuss some strategic issues such as nuclear weapons".

On the sidelines of the talks, Wang Qishan appeared on a television interview and said that most of the US media did not cover China deeply and showed a bias when they did.

He told The Charlie Rose Show that his biggest worry is that China's economic relationship with the US will be strangled by politics.

"We face a lot of opportunities. If economic issues ... become political ones, such opportunities of cooperation may well be lost," he said.

State Councilor Dai Bingguo said in an article published in the Wall Street Journal on Monday that China's development is good for America.

"China has never thought of vying for leading position in the world. We have had more than enough of tough days. The only thing we want is that, with our hard work and wisdom, plus the cooperation and exchanges with other countries, we can lift the Chinese people out of poverty," he wrote.

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