Economy USA

US-China: Xi Jinping calls for a cooperative partnership and mutual respect between the two superpuissancs

Visit to Washington, the Chinese vice president finally responded to U.S. criticism on economics.

Before the Board of Trade of the United States, Xi Jinping has called for a cooperative partnership based on mutual respect between the two largest economies in the world.

Although China and the U.S. see themselves more as rivals strategically.

“We have reached an important new agreement that will help enhance mutual trust, mutual understanding and will generate win-win relationship,” said Xi.

“China is committed to rebalance its economy. It will go ahead this year with a tax reform policy will increase imports and promoting consumption “, continued his U.S. counterpart Joe Biden ..

Still, the United States have little leverage to get a yuan revaluation and reduced its trade deficit against China. Beijing is the largest creditor of Washington.

Xi Jinping, who should become president of China in early 2013, had previously met Barack Obama, who had done the honors of the Oval Office. The opportunity for the American president to make some criticisms.

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