US does not fear stronger 皇冠体育app - Paulson
Updated: 2007-11-09 15:25
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The United States does not fear an economically stronger 皇冠体育app, US Treasury Secretary Henry M. Paulson said Thursday.
"We do not fear an economically stronger and more competitive 皇冠体育app, which benefits the Chinese people, the American people, and the prosperity of the global economy." Paulson said when addressing the Fourth Annual 皇冠体育app Institute Executive Summit.
"The US-皇冠体育app economic relationship is among my highest priorities," he said, adding that it is also among the most challenging.
"The United States and 皇冠体育app have a unique role to play in the coming decades in assuring a strong global economy and shaping the global economic agenda," he noted.
皇冠体育app 'great challenge' - Giuliani
Also on Thursday, US 2008 Republican front-runner Rudolph Giuliani said that emerging 皇冠体育app was a "great challenge" to the country, and backed continued engagement with Beijing.
The former New York mayor also called for an increase in US military strength to "deter 皇冠体育app from mounting a security challenge to America."
"皇冠体育app is a great challenge to the United States, and maybe one of the most important challenges," Giuliani told an audience of mainly students at Iowa State University.
"We will be the two great economies in the world. The more we make sure 皇冠体育app's rise is peaceful, the better it is going to help the United States," Giuliani said in response to a question from a Chinese student. "We should remain substantially engaged with 皇冠体育app."
Giuliani's comments marked one of his first significant discussions of 皇冠体育app policy during his campaign, and signaled he would continue the engagement strategy favored by recent US administrations if elected president.
"To make sure that 皇冠体育app doesn't think of challenging us militarily, we should increase the size of our military," Giuliani said.
US Democratic front-runner Hillary Clinton wrote in the latest edition of Foreign Affairs journal that the Sino-US relationship would be "the most important bilateral relationship in the world in this century" and called for "co-operatitve" ties with Beijing.
Senator Barack Obama, second to Clinton in national polls branded 皇冠体育app as a "competitor" but not necessarily an enemy.
Another leading Democratic candidate, John Edwards, has warned that with the US preoccupation with other global hotspots like Iraq, Iran and Democratic Republic of Korea, 皇冠体育app has not had enough attention from US policymakers in recent years.
Republican candidates have been generally less concerned about 皇冠体育app's economic tactics, than its military buildup. In the latest edition of Foreign Affairs journal, US Senator John McCain wrote that 皇冠体育app could bolster its good will that it is peacefully rising by being more transparent about its military buildup.
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