A Common Trade Interest

George Mason professor Donald Bordeaux stakes the claim that individuals would be shockingly poor absent the ability to exchange the fruits of his labor for the surpluses of others. Similarly, the push-pull dynamic between the US and China also reflects that the one country's success and growth will also benefit the other.

Americans rely on Chinese products to provide more - and often less expensive - consumer options. Chinese investments in American companies show confidence in the US economy, and support growth and job opportunity.  

Treasury Secretary Henry Paulson makes the recommendation to our next administration that we continue to constructively engage China, leveraging our mutual interest in trade to carve a path forward. One example of success resulting from productive Sino-American trade activities is a bilaterial air-services agreement, which will increase the number of passenger flights traveling between the US and China, expected to more than double by 2012. Made possible by the participation of both countries in the Strategic Economic Dialogue, both countries "will enjoy full liberalization of the industry, including the lifting of restrictions on the frequency and price of flights, by 2011." Not to mention greater possibilities for business and trade, fostered by better access and a strengthened partnership. 
 
The United States' economic health is very much tied to the economic success and growth of China.