China Update

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In This Issue:

- Quote of the Week

- U.S.-China Relations

- China News

- Energy & Environment

- Trade

- Excerpt from Quote of the Week:

“No bilateral relationship in the 21st century is likely to matter more than the ties between China and the United States. History is full of examples of collisions between rising and established powers. But there is nothing preordained about this. Our economies are inescapably intertwined. And neither of us can solve the great challenges of our time – from climate change to proliferation – unless we work together. Building a cooperative partnership with China is therefore a hugely important goal for the United States. This is why we have established mechanisms like the Strategic and Economic Dialogue and the Strategic Security Dialogue, which I lead for the U.S. side. The SSD brings together our civilian and military leaders to discuss ways to build mutual trust, expand cooperation, and manage our differences on some of the most sensitive issues in the bilateral relationship – from nuclear weapons to cyberspace. When we agree to work together on these kinds of issues – the very issues that threaten to undermine regional and global security – we will also be working to develop a long-term, constructive U.S.-China relationship. But a true partnership is one in which we can discuss our differences openly, not sweep them under the rug. And whether it’s on human rights, maritime disputes, or government-sponsored cyber-enabled economic theft, we raise issues of concern candidly and consistently with the Chinese. We do this not because we seek to contain China but because we want to work with China to help ensure that all Pacific nations find a way to rise together in a prosperous, peaceful, and stable Asia-Pacific.” – Deputy Secretary of State William J. Burns at the Asia Society Policy Institute launch on April 8, 2014.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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