CHINA US Focus - Perspectives shaping the world's most important bilateral relationship

In a speech at the Carnegie Endowment for International Peace, Mr. Tung Chee Hwa described China’s nation building process and the reasons for the country’s tremendous progress over the last 30 years.

The current development of China-US relations has opened a new historic page for the peaceful co-existence of two big powers operating under different systems, maintaining different modes of living, and standing at different stages of development. With China’s rise to be the world’s second biggest power in terms of economic aggregate, acceleration of its military [...]

Before September 11, 2001, China looked at the U.S. with a bit of awe, envy, admiration and even affection that was rooted from the days of being comrade-in-arms against the Japanese Imperial Army. Some of the positive vibes could be traced even further back to the 19thcentury when the western powers were carving up China [...]

Of course, we should not expect too much from one visit. A big problem in China-U.S. relations is lack of mutual trust and it was exposed to great extent last year. Bilateral relations this year are rather stable, but how to strengthen mutual trust remains a big challenge.

In his recent visit to China, Vice President Biden emphasized a message of mutual interdependence between China and the U.S. How healthy is the interdependent bilateral relationship, and to what extent is a rebalancing needed to stabilize the international financial system? John Podesta: Vice President Biden and Vice Presidnet Xi Jinping underscored how two-way trade [...]

The importance of high-level exchanges has been proved in the two countries’ interactions, and the two governments will continue their efforts to keep the exchanges smooth and effective. However, considering the importance and complication of China-US relations, depending solely on one-dimension exchange, although it is at a high-level, is not sufficient.