July 27th, 2009
09:05 AM ET
13 years ago

U.S. and China launch 'new dialogue'

WASHINGTON (CNN) - Top U.S. and Chinese officials are launching an expanded discussion of the crucial relationship between their two countries Monday, holding the first meeting of a "Strategic and Economic Dialogue" in Washington.

President Barack Obama, Secretary of State Hillary Clinton, Secretary of Treasury Timothy Geithner, Chinese Vice Premier Wang Qishan and Chinese State Councilor Dai Bingguo will address the opening session of the two-day meeting.

In an op-ed article in the Wall Street Journal, Secretary Clinton and Secretary Geithner said the purpose of the dialogue is to "develop a new framework for U.S.-China relations."

"Few global problems can be solved by the U.S. or China alone. And few can be solved without the U.S. and China together," they said. Those problems include the global economy, the health of the global environment, the stability of fragile states and the solution to nonproliferation challenges.

On the economy, Clinton and Geithner praised the United States and China for taking "bold steps" to deal with the global economic crisis. Now, they said, Americans must rebuild their savings, strengthen the U.S. financial system and invest in energy, education and health care. China, they argued, must continue financial sector reform and development as well as spur domestic demand and make the Chinese economy less reliant on exports.

"Raising personal incomes and strengthening the social safety net to address the reasons why Chinese feel compelled to save so much would provide a powerful boost to Chinese domestic demand and global growth," they said.

On climate change, the United States and China "need to establish a true partnership to put both countries on a low-carbon pathway, simultaneously reducing greenhouse gas emissions while promoting economic recovery and sustainable development."

On security issues, Clinton and Geithner highlighted the "provocative actions of North Korea," stability in Afghanistan and Pakistan, and economic possibilities in Africa.

Obama administration officials say a key purpose of the new dialogue is to expand a relationship which they argue became exclusively focused on economic issues during the Bush administration.

Filed under: China • Obama administration
soundoff (42 Responses)
  1. George Washington

    So is this what Palin does when she is President? Sign off before her Term is over to pursue other things? Who will be the VP pick then?

    July 27, 2009 10:45 am at 10:45 am |
  2. George

    Obama calls a policeman stupid and his health care efforts are falling appart, and CNN heads the ticker all weekend with the people don't like Palin ticker.


    July 27, 2009 10:48 am at 10:48 am |
  3. Tucker Johns

    Please, somebody, be sure they each have an operating teleprompter...

    July 27, 2009 11:00 am at 11:00 am |
  4. Clinton Who

    Does anyone really care what Hillary thinks or says? Obama put her back under her rock and needs to keep her there. Chiding other nations like calling North Korea "unruly" children is NOT diplomatic to say the least. Good grief...give her something else to do Obama.

    She is a disgrace to the American woman.

    July 27, 2009 11:01 am at 11:01 am |
  5. Proud Member..Party of No

    China is no fool. They want to get in on the act of pulling the wool over Obama and Clinton's eyes just like everybody else who has met with them thus far.

    July 27, 2009 11:02 am at 11:02 am |
  6. Libertarian

    I wonder if human rights will take a back seat again as it did during Clinton's first trip and like it has for the past 20 + years.

    July 27, 2009 11:03 am at 11:03 am |
  7. joe

    Does anyone realize that China now controls the USA because they are the one's lending us the Trillions of dollars in Mr. Obama's great spend – we will have to do whatever they want to ensure they keep lending to us – wake up America, call your Democratic party and ask them how long it will take to pay back the Trillions Obama is spending – the answer; your children's entire lifetime!

    July 27, 2009 11:16 am at 11:16 am |
  8. dan

    Obama should say 1 word to the chinese. Tariff. Stop filling our stores with your junk. Why does a harley cost 50000 american dollars over there.

    July 27, 2009 11:26 am at 11:26 am |
  9. Willy Brown

    Is obummer going to contune the Bill Clinton legacy and give the commies the farm?

    July 27, 2009 11:29 am at 11:29 am |
  10. Neutralizer

    Ahhhhhhhh the DEMOCRAPS on their KNEES AGAIN begging China not to dump in the market their over a TRILLION DOLLARS US TREASURY BONDS.

    China is the next powerhouse! Since Democraps become majority in Congress and Senate (January 2007), they've fueled so many PORK BARREL SPENDING, Nancy Pelosi was too happy to announce they have to borrow money from China. From the time Pelosi and Reid are the top honcho in Congress unemployment start rising. Since Obambi became President over 2 million Americans have lost their job.

    July 27, 2009 11:29 am at 11:29 am |
  11. twitwits are the new nitwits

    I say lets keep making the enemy we know we will face in the future stronger and have an arms race too so we can make more money in the short term, making more guns and ammo.Its worked for years,why change now,right,rightwing neocons?

    July 27, 2009 11:30 am at 11:30 am |
  12. Shingo

    Our manufacturing jobs were not lost due to this administration...you can thank the Bush Administration. They were so busy looking to create an oil empire in Iraq that they took their eye off the ball of the US Economy. Our jobs didn't go away overnight it took 8 years of incompetence at the Federal level.

    July 27, 2009 11:37 am at 11:37 am |
  13. Leta

    On the other hand maybe we will be able to get the US to stop sending customer service calls to the middle east.......I do see the security issues....less with North Korea on this and more with the middle east....but I am NO EXPERT on this issue...My father faught in the Koren War....But he was not a man that talked to much about it....not to his baby girl any way.... I did have a few friends that had to escape cambodia and what was taking place there based on their accounts the situation was not good.... Hillary probably see's the security issue as one she is not in control of with Al Gore or any other of their investors......

    July 27, 2009 11:41 am at 11:41 am |
  14. JGB

    Is he going over there to ask for another loan??

    July 27, 2009 11:41 am at 11:41 am |
  15. Pete East

    Sure hope the dialogue goes better than it did with North Korea.

    July 27, 2009 12:01 pm at 12:01 pm |
  16. Robin

    We are owned by China. Plain and simple. They have the power in two words to bring the US to its knees...RECALL LOANS.

    July 27, 2009 12:10 pm at 12:10 pm |
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