With more than two billion residents, the world’s most spoken language and a booming economy, China is undoubtedly a rising global superpower. Suddenly America is faced with the prospect of a country whose financial and military power could soon rival its own, prompting many to wonder if China is a friend or foe. Is China really a red flag for the U.S.?
Program Director, Carnegie Council
Our recent trip to Beijing coincided with the meltdown of the US credit market. Several senior Chinese sources from the government and academia proudly told us that President Bush and President Hu Jintao spoke over the telephone about the financial crisis, and Hu, unlike European leaders, assured Bush of China’s assistance in ending the crisis.
US Treasury Secretary Paulson said this week, "It is clear that China accepts its responsibility as a major world economy that will work with the United States and other partners to ensure global economic stability."
In our interconnected world, the nature of the more serious challenges to survival are global and therefore require cooperation, not political jockeying. The current financial crisis is an immediate example; the climate crisis is a longer-term example. Only through cooperation can these two giants continue to be prosperous.
Next Argument
Biweekly updates on new debates and experts
Please check your email to confirm your subscription.
© 2008 Opposing Views, Inc. All Rights Reserved.
Opposing Views, Inc. is not responsible for the content posted on this website. Please view full disclaimer under Terms
Expert Verified
