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
TEXT SIZE - +

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

Multimedia Relatives of South Korean Ferry Victims Fire at Authorities

46 people are confirmed dead, but some 250 remain trapped inside sunken ferry More

War Legacy Haunts Vietnam, US Relations

$84 million project aims to clean up soil contaminated by Agent Orange More

Wikipedia Proves Useful for Tracking Flu

Technique gave better results than Center for Disease Control (CDC) and Google’s Flu Trends 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.
Ukraine, Russia, United in Faith, Divided in Politicsi
X
Michael Eckels
April 19, 2014
There is a strong historical religious connection between Russia and Ukraine. But what role is religion playing in the current conflict? In the run-up to Easter, Michael Eckels in Moscow reports for VOA.
Video

Video Ukraine, Russia, United in Faith, Divided in Politics

There is a strong historical religious connection between Russia and Ukraine. But what role is religion playing in the current conflict? In the run-up to Easter, Michael Eckels in Moscow reports for VOA.
Video

Video Face of American Farmer is Changing

The average American farmer is now 58 years old, and farmers 65 and older are the fastest growing segment of the population. It’s a troubling trend signaling big changes ahead for American agriculture as aging farmers retire. Reporter Mike Osborne says a new report from the U.S. Census Bureau is suggesting what some of those changes might look like... and why they might not be so troubling.
Video

Video Donetsk Governor: Ukraine Military Assault 'Delicate But Necessary'

Around a dozen state buildings in eastern Ukraine remain in the hands of pro-Russian protesters who are demanding a referendum on self-rule. The governor of the whole Donetsk region is among those forced out by the protesters. He spoke to VOA's Henry Ridgwell from his temporary new office in Donetsk city.
Video

Video Drones May Soon Send Data From High Seas

Drones are usually associated with unmanned flying vehicles, but autonomous watercraft are also becoming useful tools for jobs ranging from scientific exploration to law enforcement to searching for a missing airliner in the Indian Ocean. VOA’s George Putic reports on sea-faring drones.
Video

Video New Earth-Size Planet Found

Not too big, not too small. Not too hot, not too cold. A newly discovered planet looks just right for life as we know it, according to an international group of astronomers. VOA’s Steve Baragona has more.
Video

Video Copts in Diaspora Worry About Future in Egypt

Around 10 percent of Egypt’s population belong to the Coptic faith, making them the largest Christian minority in the Middle East. But they have become targets of violence since the revolution three years ago. With elections scheduled for May and the struggle between the Egyptian military and Islamists continuing, many Copts abroad are deeply worried about the future of their ancient church. VOA religion correspondent Jerome Socolovsky visited a Coptic church outside Washington DC.
Video

Video Critics Say Venezuelan Protests Test Limits of Military's Support

During the two months of deadly anti-government protests that have rocked the oil-rich nation of Venezuela, President Nicolas Maduro has accused the opposition of trying to initiate a coup. Though a small number of military officers have been arrested for allegedly plotting against the government, VOA’s Brian Padden reports the leadership of the armed forces continues to support the president, at least for now.
Video

Video More Millenials Unplug to Embrace Board Games

A big new trend in the U.S. toy industry has more consumers switching off their high-tech gadgets to play with classic toys, like board games. This is especially true among the so-called millenial generation - those born in the 1980's and 90's. Elizabeth Lee has more from an unusual café in Los Angeles, where the new trend is popular and business is booming.
Video

Video Google Buys Drone Company

In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
AppleAndroid