U.S. Softens Tone To Improve China Relations

From Reuters:

The United States is going out of its way to build a warmer economic relationship with China and the strategy seems to be paying early dividends.

In the past two weeks, China has endorsed a U.S.-backed commitment to rebalance the global economy, and impressed some European officials by backing up the pledge with specific steps it planned to take to reconfigure its own economy.

In addition, what looked like it could have been the start of a trade war when the United States imposed tariffs on Chinese tires fizzled out with minimal drama.

October 11, 2009, 8:35 PM
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