China Update - November 20, 2012

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In This Issue:

Quotes of The Week; U.S.- China relations; Trade; and Energy & Environment.

- Excerpt from Quotes of The Week -

“It’s important that our two countries cooperate to build a more secure and prosperous future for the Asia Pacific region and for the world. Premier Wen and I have also worked very closely together on our bilateral and global economic problems. And as the two largest economies in the world, we have a special responsibility to lead the way in ensuring sustained and balanced growth, not only there in Asia but globally. I very much believe that the cooperative and constructive approach that we’ve taken to our bilateral relations is good for both our countries and the world. And it is very important that as two of the largest economies in the world, that we work to establish clear rules of the road internationally for trade and investment, which can increase prosperity and global growth.” – President Obama in a joint appearance with Chinese Premier Wen Jiabao at the East Asia Summit in Phnom Penh, Cambodia on November 20.

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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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