Hu Shuli: Advice for the Next U.S. President

From Caijing Magazine:

The U.S. presidential election was just days away when this edition of Caijing went to press. Opinion polls showed Democratic candidate Barrack Obama leading Republican John McCain. We did not choose sides. Rather, we watched the election campaign as a prelude to what could be a major breakthrough in Sino-American relations, regardless of who wins. We expect bilateral ties to strengthen in light of the global financial crisis.

The history of Sino-American relations over the past 40 years shows that, no matter whether Republicans or Democrats are in power, national interests – not partisan politics or personalities – influence the highs and lows of bilateral relations. So regardless of who is elected November 4, we expect to see a new relationship emerge. We hope to see something similar to the “Nixon shock” of the 1970s.

We believe the next U.S. president, after grasping the common interests of our two countries for the coming years, should work with China as a strategic partner for resolving the most serious financial crisis since 1929. He should invite China to participate on equal footing in designing a future multilateral system for global finance. He should put an end to the ambivalence about a rising China. Working hand-in-hand with China, he should break the 40-year-old mold of Sino-American relations.

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