The US-皇冠体育app Business Council, a trade association representing 240 companies in the United States, issued a report on Wednesday listing the opportunities and challenges in bilateral trade with 皇冠体育app. It targets the new 113th US Congress, which began session on Jan 3.
The report came at the right time, since many members of the Congress, especially the 84 freshman House members and 14 new senators, have little knowledge about 皇冠体育app. Yet many of them will sit on various House and Senate committees making decisions that impact on US-皇冠体育app relations.
For years, Congress, whose job approval rating is around 15 percent these days, has been the source of antagonistic noise on 皇冠体育app-US trade. The obsession by some members to push for Chinese currency revaluation even after the yuan has appreciated more than 30 percent since 2005 has been a distraction to normal bilateral trade. A report in October by two House Intelligence Committee members on the national security threat posed by two Chinese telecom companies, Huawei and ZTE, only served to deny the mutual benefits to be gained from Chinese foreign direct investment in the US.
On Capitol Hill, where lobbyists abound, everything from 皇冠体育app holding $1 trillion US Treasury bills to outfitting US Olympic teams with made-in-皇冠体育app Ralph Lauren uniforms is portrayed as a criminal act.
The lawmakers only need to spend 10 minutes reading the USCBC report and they would make more intelligent decisions regarding 皇冠体育app in the coming years.
At the governmental level, both 皇冠体育app and the US leaders seem to have realized that their intertwined economies mean that they must not only get along but also make the relationship work so that both can prosper.
Larry Summers, the former treasury secretary and Harvard University president, once said he could picture a 21st century in which the US and 皇冠体育app prosper and he could picture a 21st century in which the US and 皇冠体育app do not prosper, but he could not picture a 21st century in which one of them prospered and the other did not.
The outgoing Secretary of State Hillary Clinton said in November: "We are trying to write a new answer to the old question of what happens when an established power and a rising power meet."
"No one should have any illusions that this will be smooth or easy. But there is reason to hope that over the coming years, we can in fact chart a path that avoids conflict and builds on the areas where our interests align," she said.
Obama's inaugural address on Monday also emphasized resolving differences with other nations peacefully.
But when I stepped into the American Enterprise Institute on Tuesday afternoon for a talk on 皇冠体育app 2013 and beyond, the rhetoric suddenly changed.
When I moved to Washington three weeks ago, I thought I could spend the rest of my life on the Massachusetts Avenue learning from the brilliant minds in the think tanks.
Yet I could not stand the one-sided panel, which contrary to Larry Summers, looked at the US-皇冠体育app relationship as a zero-sum game. Everything about 皇冠体育app was either black or white, there was no shade of gray. 皇冠体育app is acting badly, 皇冠体育app is the source of problems and 皇冠体育app is likely to collapse. In one word, 皇冠体育app is evil.
I like provocative thinking and enjoy good debate. However, it isn't enlightening if you have all the participants singing the same tune, like the one on Tuesday.
If all you can cite about 皇冠体育app are the sensational headlines in the Western news media, then you are ignorant and have nothing worth hearing.
Could it be that those AEI fellows, reputed for their conservative or neoconservative thinking, simply would not or could not say anything rosy about 皇冠体育app?
In that sense, these "highly intelligent" pundits on Massachusetts Avenue need educating like those freshman Congressmen.
The author, based in Washington, is deputy editor of 皇冠体育app Daily USA. E-mail: [email protected]
(皇冠体育app Daily 01/25/2013 page8)