US vs. China: An Important Phase Has Begun – China Travel

news.yahoo.com — The spats between the United States and China appear to be getting more numerous and more serious. The Chinese objected in strong terms to Washington’s latest arms deal with Taiwan and threatened to take sanctions against those firms involved. President Obama recently accused the Chinese of currency manipulation. At Davos, Larry Summers, the director of the White House’s National Economic Council, made an oblique attack on China by referring to mercantilist policies.

The disagreement between China and the US at December’s Copenhagen climate summit has continued to reverberate.

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