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People's Daily Online>>Foreign Affairs

Chinese VP urges U.S. to depoliticize economic issues

(Xinhua)

16:13, December 07, 2011

BEIJING, Dec. 7 (Xinhua) -- Vice President Xi Jinping has urged the United States to "curb its tendency of politicizing economic issues" in order to improve the environment for bilateral trade and economic cooperation.

Xi made the remark during a Tuesday meeting with Henry Paulson, the former Treasury Secretary of the United States, according to a press release from Xi's office issued on Wednesday.

"History has proved that the nature of Sino-U.S. relations are mutually beneficial and win-win, along with more common interests and need for cooperation than differences," Xi said.

China will work with the U.S. to enhance dialogue, mutual trust and cooperation, respect each other's core interests and concerns, properly handle sensitive issues and effectively manage differences so as to push for the sound and steady development of bilateral ties, Xi said.

"It's vital for China, the United States and the world at large under the current economic context to strengthen reciprocal and mutually beneficial Sino-U.S. economic and trade ties," he said.

Xi suggested that both countries should consolidate the coordination of their macroeconomic policies and tap their potential in trade and investment.

Xi urged the United States to ease restrictions on high-tech exports to China, facilitate and provide assistance for Chinese companies that wish to invest in the United States.

Paulson said the U.S. and China can only overcome the difficulties facing them and realize common prosperity by enhancing cooperation..

U.S.-China cooperation should be based on the principle of mutual respect, he was cited as saying, adding that both countries should increase two-way investment and expand their markets in order to fuel the growth of bilateral ties.

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Hammad Sethi at 2011-12-0794.197.127.*
It is an outdated US policy to politicise US economic relations with China. It was a dual-sided Vatican policy. For one thing the countries such as Britain, Canada, Australia, New Zealand, South Africa, and Russia, who are the die-hard friends of Hindu India, and worst enemies of Muslims and Chinese, who were waiting for India to become a Super Power, thought that China was being contained and did not build healthy relations with China, while Catholics took advantage of the situation and availed all business opportunities in the largest single market of the world; and on the other hand Vatican contained China by keeping them on the defensive and confused that maybe there was something wrong with Chinese system and mode of development. Today we find that the USA and the European Union are the biggest economic partners of China.
Hammad Sethi at 2011-12-0794.197.127.*
It is an outdated US policy to politicise US economic relations with China. It was a dual-sided Vatican policy. For one thing the countries such as Britain, Canada, Australia, New Zealand, South Africa, and Russia, who are the die-hard friends of Hindu India, and worst enemies of Muslims and Chinese, who were waiting for India to become a Super Power, thought that China was being contained and did not build healthy relations with China, while Catholics took advantage of the situation and availed all business opportunities in the largest single market of the world; and on the other hand Vatican contained China by keeping them on the defensive and confused that maybe there was something wrong with Chinese system and mode of development. Today we find that the USA and the European Union are the biggest economic partners of China.
  

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