Larsen Statement on Strategic and Economic Dialogue
For Immediate Release
Contact: Emily Halnon
(202) 225-2605
May 21, 2010
Washington, D.C. — U.S. Representative Rick Larsen (WA-02), co-chair of the bipartisan U.S.-China Working Group, released the following statement today about the upcoming Strategic and Economic Dialogue (S&ED) between U.S. and Chinese officials.
“The relationship between the US and China is not just one relationship, but many relationships. Some of these are very strong, while others need work. It is critical that the U.S. and China work to build these relationships as we face the many challenges that exist around the world today.
“The upcoming Strategic and Economic Dialogue is an opportunity for leaders from the U.S. and China to strengthen these relationships for the future.
“US-China cooperation on global and regional security issues such as North Korea, Iran, and the nonproliferation of nuclear weapons is necessary to ensure peace and prosperity around the world.
“As we continue to face global economic challenges, the U.S. and China must continue to partner on sustainable and balanced economic growth.
“The Administration has been clear that a more market-determined and stronger exchange rate is a priority for the U.S. It is also in China’s best interests to do something about their internal economic challenges, namely inflation. Adjusting their currency is one of the few tools left they have to combat inflation.
“China must also understand that while the U.S. supports efforts to promote Chinese domestic technological development, they must not discriminate against U.S. companies operating in China. Further amendments by the Chinese to policies like indigenous innovation are important moving forward.
“I commend the Administration for its strong commitment to the US-China relationship, and look forward to a productive S&ED that further establishes a positive, cooperative, and comprehensive US-China relationship.
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