A Quote by Judy Woodruff
The United States and China have both beefed up their naval presence in Southeast Asia, leading to fears of a military confrontation. This is just one example of China flexing its military muscle in recent months, and it coincides with a slowdown in the nation's economy.
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Japan has good reasons for wanting to transform its relationship with Russia. Tokyo has openly expressed serious fears of a military confrontation with Beijing over China's claims to the Senkaku/Diaoyu Islands in the East China Sea.
The United States is afraid of China; it is not a military threat to anyone and is the least aggressive of all the major military powers.
From the United States, Vietnam is looking for two things. One of them is a very stable and continuing to expand economic relationship. Secondly, they would like to see the United States remain in the - Southeast Asia, acting as a balancing power to balance out China.
China's own recent history proves that when it opens itself, there is nothing its people cannot accomplish. A more open China will lead to a more prosperous and stable China. That's good for China, the United States and, indeed, the entire world.
In opening China, the English have secured their presence in East Asia. If we don't commit more resources to get into Southeast Asia now, they or Germany, or even little Belgium might find it ripe for the taking.
The Chinese military budget today is officially listed as, I think, about $15 billion. But even if you double it, that's only a tenth of ours. So the possibility of China challenging the United States for the next ten years over the Pacific is next to zero. There could be a conflict between us and China over Taiwan, but I think that, too, will not occur with the proper policies on both sides.
If U.S. mistakes in the Middle East helped Putin raise Russia's global profile, China's missteps and hubris in East and Southeast Asia, once called Indo-China, have opened up new spaces for India's profile to be raised.
China is the big economic engine in Asia, so what happens is, as China growth expands, these countries in the periphery of China, whether it be Indonesia, Malaysia, Singapore, the Philippines, they end up growing with China because they become big exporters.
We have this rising nation China. And one of the things we want to do is make sure that China's neighbors are actually bound to us, bound to the United States.
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We want to promote people-to-people exchanges so that China and the United States can really join together, not just to solve the problems of China or the United States, but some of the big problems facing the entire world. From climate change to famine to even terrorism.
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We haven't had a recession for 25 years in Australia. It's partly because of our trade with China. China's been doing relatively well. So some of the tensions around a low-wage economy haven't quite happened here in the same way as they have in the United States.
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