U.S. Secretary of State Hillary Clinton pressed for greater commercial access for American businesses in China today, urging Beijing for a "level playing field." Clinton spoke to American and Chinese business executives in Shanghai, where she had finished touring the World Expo. She was headed to Beijing for two days of talks that will touch on a wide range of issues of shared interest to the United States and China. "For trade to work in any economy, for it to produce the benefits we know it can, there must be a level playing field where domestic and international companies can compete freely and openly," Clinton said. Clinton is taking more than 200 administration officials to China for the Strategic and Economic Dialogue. North Korea, Iran, Afghanistan are expected to be discussed at the meeting. The U.S. faces a stronger China in wake of a global economic crisis. China began their Expo 2010that, much like the 2008 Summer Olympics, is viewed as part of China's coming-out party as a global player. The fair lasts from May 1st to October 31st and is expected to bring in over 70 million visitors.
I believe that China definitely is coming out as one of the world's top global players. They are really booming in their economy. In the article, it also said that they pumped $58 billion into this Expo 2010 and thst 189 countries are participating in it. So obviously this thing is expected to bring in some big bucks! Clinton is trying to "level the playing field" with China because I think that she's scared that China is going to become better than the U.S. in terms of our economy.
http://www.cnn.com/2010/WORLD/asiapcf/05/23/clinton.china.visit/index.html?eref=rss_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fcnn_topstories+%28RSS%3A+Top+Stories%29
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