China’s sudden rise as a global economic and political power has been greeted with a curious mixture of both admiration and fear. Since the September 11 terrorist attacks and terrorism’s emergence, the priorities of the U.S. national security agenda has shifted from the urgent task of balancing emerging powers to combating the growing threat of international terrorism. Counterterrorism’s emergence as the top U.S. priority changed the context of Sino-U.S. relations and broadened the area of cooperation between China and the United States. In short order, China has gone from the U.S.’s strategic competitor to being its security collaborator and a major trade and investment partner.

The change in Sino-American relations dated back to the aftermath of September 11 when the Bush Administration virtually reversed its China policy. This turnaround was reflected in the administration’s National Security Strategy, released a year later, which identified terrorism, and not a rising China as the United States’ primary strategic threat. China and the United States share a network of collaborations and similarities in terms of security and economic policies.

Current evidence and events gives a firm reason to believe that the United States and China are undergoing a beneficial strategic partnership with regards to global and economic affairs and policies. To this end, China has attempted to maintain a variety of high-level interactions with the United States, at both the political and military levels. In all these exchanges, Chinese leaders have sought to secure U.S. support for the political, economic and social transitions and transformations currently underway in China. The U.S. has also taken advantage of China’s growing economic opportunities and reliance of foreign technology with over $40 billion in foreign investment. With China’s multilateral involvements and its willingness to play the diplomatic game, it has brought itself together with the U.S. and will definitely engage in similar issues and crisis such as terrorism as strategic partners. Overall, the essential point is that in the short term running, China and the United States still have much more business and cooperation to do with one another.

Dear Yung... chinese are still chinese :)

They (as the USA) are simply trying to do the best in the light of circumstances and pushing and shoving for the best deal from Australia also.

Businesses like mine are casualties of the dictatorial enforced slave labor rates in China.

The USA and China will cooperate until one sees unacceptable disadvantage in the actions of the other.

Lets face it.. economics is WAR... without bullets.

The Japanese, Koreans, Taiwanese,Hongkongites did it, the Mainland Chinese are doing it. Copy.. make cheaper.. steal, etc etc.. flood markets with particular goods to wipe out the traditional manufacturers who you copied off. Then raise prices for more profit.

The goal of most businesses is the economic destruction of competitors whether they say so or not. If they don't work to outdo the competitor, they will sink in an economic quicksand and die.

When the American president said once about Pearl Harbour "This day will go down in history as infamy" I had the cynical thought that the Japanese Emporer would have said the SAME thing about the Americans when Commodore Perry in around 1854 stood with a gunboat off the Tokyo coast and basically TOLD them they WILL open up to foreign trade.

Wars are about resources and Trade. If Australia suddenly cut off Gas and Iron ore to China - how would it be ?

Ghengis Khans wars all began over trade issues.

But China ? I think it has a different place in History than being against the USA... only time and world events will tell.

Hi
Europe is orientated towards a politics of integration of markets;
EE.UU is orientated towards a politics of expansion of market;
and China is orientated to allow only a politics to derive to its market.
thanks
ok
Ricardo Dolinski Garrido
http://ricardodolinskigarrido.zoomblog.com
http://rdolinski.tripod.com

Yung Yong,

Interesting post. Thanks.

1. Do you feel traditional Chinese familialism and perhaps guanxi utalitarism will impede Chinese people folk from exhibiting the necessary oppenness in parnerships and joint venture to facilitate East/West mutualism? Herein, China sometime wares the label of being closed and secretive.

2. Do you see the modern day Chinese entrepreneur more like the Confucian or the Shang? Recall, business people have generally held a low rank in Chinese society.

3. Histographically, Chinese have held to familialism, kin relationships and fiel piety [even with commercial templates]. Has the transition occurred,to permit, out-of-family existence, to the extent as in the West? Else, there might be many SMEs but few multinationals, excepts in the hands of the powerful, as in Russia. Or, do you see a different picture?

To meld the US and China in cooperative endeavours, I suggest the above points need to considered.

Regards.