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There is a way America can have a viable market economy again (4)

09:14, June 02, 2010

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At a deeper level, America's financial, economic and regulatory systems' weaknesses require and can achieve balancing by China's "scientific management" of its economic development since 1978. The new policies China has implemented since 1978 because it was economically collapsing have resulting economic strength to restore global confidence in America's recovery in 2010. China's economy and policies are working and stabilizing. What the Obama administration and China's policymakers must focus on in the Strategic And Economic Dialogues is changing American policies that not working with new American policies that can work.

For the capital markets and the capitals of 194 nations to find confidence that America can sustainably economically recover, President Obama must take the lead now in aligning America and China's immediate and long term economic and national security by embracing the new grand strategy presented in A White Paper for the President's America and China delivered to Ambassador Huntsman on November 1, 2009 that has just been published on Amazon.com. It explains how capitalism with American and Chinese characteristics can mutually protect and benefit each other in ways that are obviously true, compelling but unthought-of by American policymakers with a zero sum game view of China left over from the 20th century's Cold War. For the global economy to recover the now obsolete pattern in America's relationship with China for the past 60 years must evolve immediately. It has been and remains an approach in which American policymakers seek to undermine the Chinese government's success and China's peoples vital core interests while seeking China's policymakers help in protecting the American government and people's vital core interests.

John Milligan-Whyte is called the "new Edgar Snow" and the "21st century Kissinger" and is the only non-Chinese to be elected the winner of the Social Responsibility Award from the China Business Leaders Summit. John Milligan-Whyte and Dai Min are the executive producers and co-hosts of the Collaboration of Civilizations television series adapted by the eight books they wrote in the America-China Partnership Book Series published in English and Mandarin in 2009-2010 that created the "New School of America-China Relations." They founded the America-China Partnership Foundation and Forum in 2008 and the Center for America-China Partnership in 2005, which was recognized in 2009 as "the first American think tank to combine and integrate American and Chinese perspectives providing a complete answer for America and China's success in the 21st century."
E-mail: info@CenterACP.com; john.milliganwhyte@gmail.com

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The articles in this column represent the author's views only. They do not represent opinions of People's Daily or People's Daily Online.

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Dai Min

John Milligan-Whyte and Dai Min are the executive producers and co-hosts of the Collaboration of Civilizations television series adapted by the eight books they wrote in the America-China Partnership Book Series published in English and Mandarin in 2009-2010. They founded the America-China Partnership Foundation and Forum in 2008 and the Center for America-China Partnership in 2005. E-mail: info@CenterACP.com

http://english.people.com.cn/90001/98705/99725/7008775.pdf