Wednesday, January 19, 2011

Hu Jintao arrives in U.S. to ratify the role of China as a superpower

With 21 guns and a gala dinner, the U.S. on Tuesday night gave top honors to a distinguished guest, President of China, Hu Jintao, who arrives in Washington to record the appreciation of their country as the new superpower with which is now necessary to negotiate and share the world power. As such, Hu and Barack Obama addressed an agenda that covers all major international problems and try to send a reassuring message, both political and economic issues.

Almost daily come here, in more or less muscle-flexing attitude, leaders of friendly countries need support or smaller rivals in search of notoriety. But for many years since entering the White House the president of a nation determined to fight with U.S. global supremacy. Since the visit of the last Soviet leader, Mikhail Gorbachev, has spent nearly a quarter century, and then came to sign some agreements on disarmament, announcing the final decline that had entered the country.

The most significant trip by a Chinese leader Deng Xiaoping was in 1979, unforgettable, with his cowboy hat and walk through the Coca-Cola factory, the clearest way of expressing China's willingness to open to the world. Since then, the nation has not wavered in that commitment. Hu has already been to Washington in 2006, but this time he was offended by the rude treatment he dispensed George W.

Bush, when the U.S. had not decided yet clear how to deal with a threatening China and necessary in the same proportion. In the years since that last visit, China has increased both, but the U.S. has given up already, and this visit will demonstrate, to the fact of living with that reality.

During this period, China has not only become a U.S. banker, but who dares to challenge American power in any region of the planet. Between 2008 and 2010, according to a Financial Times report, China has provided to developing countries of $ 110,000 million, not only more than the U.S., but the World Bank, the institution, based in Washington, which governs capitalist economy.

The main recipients of these loans also show the wide range of Chinese interests in Russia, Venezuela, Brazil, India, Ghana and Argentina. China has replaced Russia as the main alternative to American power and expand their influence to areas historically reserved for American interests, such as Latin America, and others in dispute, such as Africa and Asia.

Obama's recent trip to India, the scene of the fight for control of Asia, was the latest demonstration that Washington will not give up easily to your current position. But Hu's presence in the U.S., where it will be four days in which talk to congressmen and businessmen and also the move to Chicago, they have both the advantage of bringing out the differences and highlight the shared interests.

"We both have much to gain from good relations and much to lose from confrontation," said Hu in a written interview granted i> The Washington Post and The Wall Street Journal. The progress of both nations is undoubtedly now associated with their level of understanding. China has the money that the U.S.

needs to move its economy and the United States and its allies, providing vital markets for China to grow. For that reason, it is likely that Hu Obama and try to park some differences on North Korea, Iran, Taiwan or the admission of China's currency to strengthen the whole of a relationship that demands a climate of lasting stability.

The U.S. rulers detect further positive developments in almost all such matters. In their recent contacts, both Secretary of State, Hillary Clinton, and Secretary of Defense Robert Gates, have seen increased pressure from Beijing to contain North Korea's nuclear threats and a certain distance of Iran.

On the monetary issue, but in recent weeks there has been a small revaluation of the yuan or renminbi (the two names of China's currency), the Treasury secretary, Tim Geithner, still believes that is artificially maintained above its value promote Chinese exports. Some estimates that if China devalued the yuan by 20%, his real contribution, the U.S.

trade deficit, which last year was 500,000 million dollars, would be reduced immediately by more than 100,000 million. The thorniest issue is human rights. Obama is under strong domestic pressure to raise it, while the latitude of Beijing in this regard, as demonstrated by the treatment of Liu Xiaobo, a dissident Nobel Peace Prize, is very small.

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