With Obama’s victory in re-election, his vehement campaign is over. However, his harsh bashing of China during his campaign will remain in the hearts of the Chinese people, leading to concerns about the future of China-US trade relations during his second term.
As the US presidential election is now in full swing, China has become a punching bag for both candidates. President Barack Obama and Republican presidential candidate Mitt Romney are stepping up attacks on each other in their election campaigns, with China as a frequent topic.
Americans must be careful that we do not allow China saber rattling, an expansion of their military prowess, evidenced by a testing of their first stealth jet, the construction of their first aircraft carrier and tussles over small islands in the East China Sea to draw us into an extended arms race that we can ill afford.
The US rebalancing to the Asia-Pacific can hardly be taken as a positive development. China should certainly take due steps to respond to the adverse consequences of the new US strategy, but not overreact.
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