China shakes up the world / China: Partner, rival or threat?

News Type: Opinion — Seeded on Thu Mar 27, 2008 12:40 PM EDT

Article Source: yomiuri.co.jp

world-news, china, tibet, dalai-lama, beijing-olympics, peoples-liberation-army, tiwan, coping-with-china, economic-blackmail, huawei-technologies-co, military-economic-power, moscow-olympics-protests, north-koreas-nuclear-development, roits-in-tibet, taiwans-pro-independence-ruling-party, the-uprising-of-tibetan-people, tiwan-nationalist-party

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Recent riots in Tibet ahead of the Beijing Olympics and a change of administration for the first time in eight years in Taiwan could significantly change the status quo in China. These two incidents present the international community with the question of how to cope with China--a nation that has rapidly grown into a military and economic power, while also ruling its people with an iron fist.

This is the first installment in a series of reports from several countries looking at this question.

On Saturday, U.S. President George W. Bush said in a congratulatory message sent to Taiwan President-elect Ma Ying-jeou, former chairman of the opposition Nationalist Party, that maintaining peace and stability across the Taiwan Strait would continue to be highly important for the United States.

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Olympics are not a political event, but purely about sport.

A reporter for a U.S. news service refused to drop the issue, however, saying that the history of the Olympic Games was far from apolitical. In fact, many Western nations boycotted the 1980 Moscow Olympics to protest the Soviet Union's invasion of Afghanistan.

But Perino insisted that, as the whole world would be watching China during the Olympics, the event was actually an opportunity to pressure the country to make changes.

The Bush administration's desire to maintain the status quo over Taiwan and avoid provoking China over Tibet stems from structural changes in U.S.-China relations.

First, economic ties have been deepening year by year.

The U.S. economy faces a 400 billion dollars fiscal deficit and defaults on subprime loans (housing loans to low-income earners). It is now partly supported by investment from China, including the purchase of U.S. Treasury bonds by the country, which now has the world's largest foreign currency reserves.

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#1 - Thu Mar 27, 2008 12:40 PM EDT

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China's strike may be coming soon	taipeitimes.com	Sat Mar 29	1
Taiwanese Moderation Lauded by US	Associated Press	Sat Mar 22	0
What Is Happening in China?	familysecuritymatters.org	Fri Mar 28	1

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China shakes up the world / China: Partner, rival or threat?

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