Politics and policy
Obama plays China card, but who holds the ace in sino-America ties?
US President Barack Obama (right) with Chinesecounterpart Hu Jintao. The US has, among other measures, slapped a 35 per cent duty on Chinese-made tyres (left) at a time when China has called for creation of a super-sovereign reserve currency. Photo/REUTERS
By REUTERS
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Posted Tuesday, November 10 2009 at 00:00
Posted Tuesday, November 10 2009 at 00:00
At a news conference later, he spoke approvingly of the rise of countries like China and said it was a good thing decisions were no longer made by “Roosevelt and Churchill sitting in a room with a brandy.”
“That’s an easier negotiation but that’s not the world we live in, and it shouldn’t be,” Obama said.
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