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

EU Court Fines Poland for Hosting CIA 'Black Sites'

Ruling is first time a court has acknowledged suspects were held and tortured at the sites, under US program launched following the 9/11 terrorist attacks More

Migrant Issues Close to Home Spur Groups to Take Action

Groups placing water, food in the desert, or aiding detainees after release, have one common goal: no more deaths of migrants crossing illegally into the US More

Video At AIDS Conference, Prevention Pill Stirs Excitement

Truveda shows promise, spurring debate over access and other approaches 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.
Treatment for Childhood Epilepsy Heats up Medical Marijuana Debatei
X
Shelley Schlender
July 24, 2014 6:43 PM
In the United States, marijuana is classed as an illegal drug by the federal government. But nearly half the states have legalized it, to some degree. Proponents say some strains of marijuana might have exceptional health benefits, for treating pain or inflammation in chronic conditions such as cancer, multiple sclerosis and epilepsy. Shelley Schlender reports on a strain of medical marijuana developed in Colorado that is reputed to reduce seizures in childhood epilepsy
Video

Video Treatment for Childhood Epilepsy Heats up Medical Marijuana Debate

In the United States, marijuana is classed as an illegal drug by the federal government. But nearly half the states have legalized it, to some degree. Proponents say some strains of marijuana might have exceptional health benefits, for treating pain or inflammation in chronic conditions such as cancer, multiple sclerosis and epilepsy. Shelley Schlender reports on a strain of medical marijuana developed in Colorado that is reputed to reduce seizures in childhood epilepsy
Video

Video Airbus Adds Metal 3D Printed Parts to New Jets

By the end of this year, European aircraft manufacturing consortium Airbus plans to deliver the first of its new, extra-wide-body passenger jets, the A350-XWB. Among other technological innovations, the new plane will also incorporate metal parts made in a 3-D printer. VOA's George Putic has more.
Video

Video Death Toll From Israel-Gaza Conflict Surpasses 700

Gaza officials say a shelling hit a compound housing a United Nations-run school in the Gaza Strip, killing more than a dozen people, during an Israeli offensive in the area. Heavy fighting between the Israeli military and Hamas militants continued on Thursday, pushing up the death toll. So far, more than 730 Palestinians and 35 Israelis have been killed in the conflict. VOA's Scott Bobb has the latest from Jerusalem.
Video

Video AIDS Conference Welcomes Exciting Developments in HIV Treatment, Prevention

Significant strides have been made in recent years toward the treatment and prevention of HIV, the virus that causes AIDS. This year, at the International AIDS Conference, the AIDS community welcomed progress on a new pill that may prevent transmission of the deadly virus. VOA’s Anita Powell reports from Melbourne, Australia.
Video

Video Israel Targets Gaza Supply Tunnels

The Israeli military has launched a ground operation in Gaza to destroy the myriad tunnels that may have been used to smuggle weapons to Hamas. VOA's Zlatica Hoke reports that could mean more hardship for the people of Gaza, who obtain some of their essential supplies through these underground passages
Video

Video Researchers Target Low-Cost Avatar Technology

Scientists at the University of Southern California Institute for Creative Technologies say 3-dimensional representations could revolutionize social media. Elizabeth Lee has more from Los Angeles.
Video

Video IAEA: Iran Turns its Enriched Uranium Into Less Harmful Form

Iran has converted its stockpiles of enriched uranium into a less dangerous form that is more difficult to use for nuclear weapons, according to the United Nations’ Atomic Energy Agency. The move complies with an interim deal reached with Western powers on Iran's nuclear program last year, in exchange for easing of sanctions. Henry Ridgwell reports for VOA from London.
Video

Video In Cambodia, HIV Diagnosis Brings Deadly Shame

Although HIV/AIDS is now a treatable condition, a positive diagnosis is still a life altering experience. In Cambodia, people living with HIV are often disowned by friends, family and the community. This humiliation can be unbearable. We bring you one Cambodian woman’s struggle to overcome a life tragedy and her own HIV positive diagnosis.

AppleAndroid