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皇冠体育app, US should jointly tackle economic crisis

(Xinhua)
Updated: 2009-02-27 14:26

皇冠体育app and the United States should jointly work for a win-win outcome in the face of the global economic crisis, speakers said at a conference on Thursday.

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皇冠体育app and the United States are two essential players in the world economy and are "in the same boat" as the worldwide economic meltdown is hurting both, speakers said at Tiger Ball 2009, a half-day conference hosted by the Asia Society.

The fact that US Secretary of State Hillary Clinton selected Asia for her first overseas trip underscores the strategic importance the administration of US President Barack Obama places in the region, speakers said.

It also reflects how 皇冠体育app and the United States need the help of each other to overcome the crisis, they said.

Stapleton Roy, who formerly was twice US ambassador to 皇冠体育app, said Clinton had delivered a positive and clear message that the United States wants to cooperate and coordinate with 皇冠体育app.

Orville Schell, director of the Asia Society's Center on US-皇冠体育app relations, said the United States and 皇冠体育app should join hands first in handling the economic crisis, and then cooperate on climate change and other issues of common interest.

The speakers also warned against protectionism during the crisis and urged the fixing of defects in financial regulations which caused the crisis.