Secretary Paulson remarks on US-China Economic Relations
06 Dec '07
3 min read
Remarks by Secretary Henry Paulson on maintaining forward momentum in U.S.-China Economic Relations.
My previous remarks leading up to next week's meeting of the U.S.-China Strategic Economic Dialogue have focused largely on the dynamics which led to the creation of the SED and my vision for the future of the U.S.-China economic relationship.
I will briefly touch on those issues, and also on the misconceptions in that relationship that are influencing the rise of protectionism and economic nationalism in both nations.
The Foundation of the Strategic Economic Dialogue: In recognition of the importance and complexity of the U.S.-China economic relationship, a year ago September President Bush and President Hu created the SED.
Their intent was not to replace the many economic dialogues already taking place, but to create an over-arching, senior level forum that was both comprehensive and strategic. The goals have included creating work plans to achieve shared objectives and building trust on both sides by demonstrating progress on the immediate issues we face.
The Strategic Economic Dialogue has made substantial progress in achieving these goals. Over the last year, we have built stronger relationships and established constructive channels of communication that didn't previously exist.
marketing@alchempro.com
