Can an Eagle Hug a Panda?

There's no great wall between the economies of China and the U.S. Why both nations need each other

Xinhua / Zuma

President Obama's trip to China stressed the U.S. and China's economic ties.

Having spent a week in Asia and three intense days in China, President Barack Obama set a constructive tone for the future. He welcomed the emergence of China as a new force in the global economy and rebuffed suggestions that its rise should be seen as a sign of American decline. Chinese officials expressed concern about a weak dollar but committed to working with the U.S. to stabilize the global system. Hardly anything concrete was accomplished, but the trip cemented the centrality of the U.S.-China economic relationship and the fact that the two economies are, for now, intertwined.

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