Powell: China is rising to be an economic power

China is rising to be an economic power, but not a military threat, said former US Secretary of State Colin Powell in Bangkok on June 13, according to report by Hong Kong-based Ta Kung Pao.

At a forum on Asia's leadership in Bangkok, Powell told 200 guests that he didn't think China is rising as an enemy, or as a threat; instead it is rising as a country that deserves the right status. He said the Chinese people have realized that power does not come from gun barrel, but from turning themselves into part of international institutions.

Powell said he did not see China's increased military power become a threat to other countries in the region or to the US. He said the biggest trouble is Taiwan. If at any time China believes that Taiwan would declare independence, or would become independent, it will prevent Taiwan from doing so disregarding all political and economic interests. Then conflict will arise between China and the US in this regard.

Sound Sino-US relations important for all

Powell said in Hong Kong on June 14 that the sound Sino-US relations will not only benefit the two countries, it is also important to the rest of the world, according to a Xinhua report.

He made the remarks while delivering a keynote speech at the Luncheon held at the two-day 38th International General Meeting of the Pacific Basin Economic Council that will close later Tuesday.

He said the United States and China not only have a strategic partnership, but also have a complement relation.

The Sino-US trade and economic cooperation also benefits American people and helps create job opportunities in his country, he admitted.

On the Sino-US textile disputes, he said, the US has also had some trade disputes with other countries. The most important thing is to sit down and jointly probe solutions.

He said he is glad to see the rise of China and China should keep its economic growth for affording a population of 1.3 billion.

Powell said the Chinese are great people and they must work hard to earn the living for 1.3 billion people.

He believed that though China has been on the track of fast economic growth and military development, it dose not present threat to the US. What's more, China's military expenditure is far less than that of the Pentagon.

Look ahead, there are many challenges and opportunities for the Asian countries and the region, Powell said, urging the Asian countries and the region to seize the good opportunities for their economic development.

By People's Daily Online

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