The First US-China Party Leadership Summit took place in Beijing on March 31. Chief of the International Liaison Department of the Chinese Communist Party (CCP), Wang Jiarui, represented the Chinese side. Former Secretary of State Madeleine Albright and former Assistant Secretary of State Richard Williamson represented the U.S. Democratic Party and Republican Party, respectively. Wang introduced the Chinese political system and suggested that the US-China relationship should focus on key interests to avoid constant damage by “some events.” The U.S. representatives agreed on the importance of the relationship between the two nations, and explained the functions of parties in U.S. politics and how US parties operate in the States. Williamson believed that parties do have different political views while they all face similar tasks for the prosperity of the nation.

Source: Xinhua, March 31, 2010
http://news.xinhuanet.com/2010-03/31/c_1211391.htm

Economic Information Daily, which is related to Xinhua News Agency, published an article on March 26, 2010, regarding the global responses to “America’s increasing trade protectionism.” Song Hong, Director of the International Trade Research Office at the Institute of World Politics and Economy in the Chinese Academy of Social Sciences said, “China also has potent weapons to deal with U.S. trade protectionism.”

Song Hong pointed out from the trade perspective, “China can impose restrictions on the imports of American agricultural products, aircraft and others. China can also decrease its holdings of U.S. Treasury bonds.” Song further said, “From the non-economic perspective, the United States needs China’s support on the Iran and North Korean nuclear weapons issues.” “In addition, promoting a free trade zone in Asia is another of China’s options,” reported Economic Information Daily.

Source: Economic Information Daily, March 26, 2010
http://www.jjckb.cn/gjxw/2010-03/26/content_213869.htm

Global Times published a Xinhua article on March 31, 2010, introducing an article from a Russian journal, “The major strategic mistake the West has made in the past 20 years is its incorrect assessment of China’s potential and ambition.”

It said that “China’s GDP at purchasing power parity conversion has increased from 4.8 trillion in 1999 to 8.8 trillion U.S. dollars in 2009.” However, “China’s economic flaws and uneven development require China to take a tough political line. Otherwise, the conflicts that have accumulated in China will manifest.”

The article stated, “The U.S. estimates that the deadline for the U.S. to beat China in a war is 2017.” However, “the decline of Western civilization will give China a better chance to become the undisputed world leader within the next 30 years.”

Source: Global Times, March 31, 2010
http://world.huanqiu.com/roll/2010-03/762920.html