China’s emergence from centuries of isolation and stagnation is one of the great stories of our time. The world’s most populous nation has rejoined the global economy.
As Bush and other visitors to China see firsthand, hundreds of millions of citizens there are beginning to taste the rewards of middle-class life — a home or business of their own, a telephone, appliances, a car, foreign travel, college for their kids. We should accept this trend while guarding our national security interests.
The U.S.-China panel further warns that our growing commercial ties to China are sapping America’s economic strength. But it completely misses how trade and investment ties benefit both nations.
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