News / Asia

US Vice President on Confidence-Building Trip to China

U.S. Vice President Joseph Biden and his daughter Ashley Biden wave after arriving at the Capital International Airport in Beijing, China, Wednesday, Aug. 17, 2011
U.S. Vice President Joseph Biden and his daughter Ashley Biden wave after arriving at the Capital International Airport in Beijing, China, Wednesday, Aug. 17, 2011

U.S. Vice President Joseph Biden is in China for a visit aimed at boosting relations between the two countries and reassuring Beijing that its large investments in the United States are safe. 

The topic at the top of the agenda when Vice President Biden meets with Chinese officials will be the state of the American economy.

Sun Zhe, director of Tsinghua University’s Center for U.S.-China Relations, says the issue has recently only grown in importance.

Sun says China is concerned about the developments of the past two months and wants reassurances from the United States that its investments there are safe.

China has more than $1 trillion of U.S. debt, making it the Washington's largest foreign creditor.

The issue was addressed earlier this week by the new U.S. ambassador to Beijing, Gary Locke, who pointed out that, despite recent economic troubles in the United States, investors still have been buying U.S. treasuries (securities).

"It is a clear indication that investment in the United States is safe and secure, and the economy, while having its challenges, is still strong," said Sun.

A commentary Wednesday in China’s top paper, the People’s Daily, underscores Beijing’s concerns about the American economy and calls for more reassurances that its U.S. debt holdings remain safe.

But at the same time, the commentary also warned that mishandling ties could lead to what it called a “roller-coaster ride” that would have negative global effects.

Sun says China sees the Biden visit as “very important” and an indication of more regular Sino-American high level exchanges.

At the same time, Sun calls on the U.S. side to be more considerate of China’s desire to facilitate future progress in relations.

One issue Sun points to is China’s requests for the United States to decrease its presence in the South China Sea.  Other contentious issues include Beijing’s anger about U.S. arms sales to Taiwan, an island it regards as part of Chinese territory.  And, China has condemned the Dalai Lama’s White House meeting with President Barack Obama last month.  Beijing has accused the exiled Tibetan spiritual leader of seeking independence for Tibet.

Meanwhile, other issues that are expected to be on the agenda include China’s currency exchange rate, cooperation in South Asia, North Korea and Iran.

China on Wednesday again denied claims that Pakistan gave it access to an advanced U.S. helicopter that crashed during the raid that killed Osama bin Laden in May.

Chinese Vice President Xi Jinping, the man who is expected to be his country’s next president, hosts an official welcome ceremony for Biden Thursday.  The U.S. leader is also to meet China’s top three leaders - President Hu Jintao, legislative head Wu Bangguo and Premier Wen Jiabao.

Biden also travels to the southwestern city, Chengdu, to deliver a speech on Sino-American relations and tour areas that were devastated in a major 2008 earthquake.

The American leader later visits Mongolia and Japan, before returning to Washington.

You May Like

Obama: I Will Do 'Everything I Can' to Close Guantanamo

US president says prison continues 'to inspire jihadists and extremists around the world' More

Sierra Leone Educates on Safe Ebola Burials

Also, country is improving at rapid response to isolated outbreaks, but health workers need to be even faster, officials say More

Religion Aside, Christmas Gains Popularity in Communist Vietnam

Increasingly wealthy Vietnamese embrace holiday due to its non-religious glamor, commercial appeal More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
US Decision on Cuba Underscores Divisions Among Miami Cubansi
X
Sharon Behn
December 19, 2014 9:34 PM
For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video US Decision on Cuba Underscores Divisions Among Miami Cubans

For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video Three Cities Bid for Future Obama Presidential Library

President Barack Obama still has two years left in his term in office, but the effort to establish his post-presidential library is already underway. The bid for the Obama Presidential Library is down to four locations in three states -- New York, Hawaii, and Illinois. As VOA’s Kane Farabaugh reports, each of them played an important part in the president’s life before he reached the White House.
Video

Video Cuba Deal is Major Victory for Pope’s Diplomatic Initiatives

Pope Francis played a key role in brokering the US-Cuba deal that was made public earlier this week. It is the most stunning success so far in a series of peacemaking efforts by the pontiff. VOA religion reporter Jerome Socolovsky has more.
Video

Video Fears of More Political Gridlock in 2015

2014 proved to be a difficult year politically for President Barack Obama and a very good year for the U.S. Republican Party. Republican gains in the November midterm elections gave them control of the Senate and House of Representatives for the next two years -- setting the stage for more confrontation and gridlock in the final two years of the Obama presidency. VOA National Correspondent Jim Malone has a preview from Washington.
Video

Video Sudan School Becomes Target of Aerial Attacks

The school dropout rate is at an all-time high in Sudan's South Kordofan state because many schools have been destroyed during the three-year civil war between the government and SPLA-N rebel forces. Adam Bailes visited Sudan's Nuba Mountains' region and reports many children are simply too scared to go to school
Video

Video VOA Reporter Tours Devastated Peshawar School

Islamist militants wearing military uniforms and strapped with explosives attacked a military run school Tuesday in the northwestern Pakistani city of Peshawar. At least 141 people were killed in the horrific attack, most of them young students. VOA reporter Ayaz Gul visited the devastated school and attended the funeral of the principal who courageously tried to save her students from the deadly attack.
Video

Video Nigerians Fleeing Boko Haram Languish in Camp Near Capital

In its five-year effort to impose Islamic law in northeastern Nigeria, the Boko Haram extremist group has killed thousands of people and forced hundreds of thousands to flee. Some of those who ran for their lives now live in squalor on the edges of the capital, Abuja. Chris Stein reports for VOA.
Video

Video Aceh Rebuilt Decade After Tsunami, But Scars Remain

On December 26, 2004 there was an earthquake in the Indian Ocean so powerful it caused the Earth’s axis to wobble a few centimeters. Onshore on the island of Sumatra, the resulting tsunami was devastating. A decade later, VOA Correspondent Steve Herman reports from Banda Aceh, Indonesia, where although there is little remaining evidence of the physical devastation, the psychological scars among survivors remain.

All About America

AppleAndroid