Foreign media says U.S. trade with China does not sell Treasury bonds to sell technology

Xinhua Beijing, July 16, the U.S. "Overseas Chinese newspaper," The local time 15th published a signed article, said, from the United States two China ministers to carry on the issue, the focus on the future of joint development of High-tech market, began to turn to "sell technology." It seems that the United States government began to change the "buy Chinese goods, sell US Treasuries" trade model and inertia thinking, so that the development of the United States and China's economy based on a rational and mutually beneficial on the basis of the operating platform.　　The visit of two Chinese ministers will be an opportunity for the United States and China to jointly "explore the future". Excerpts from the article are as follows: Two Chinese ministers who played an important role in the Obama administration were two months ahead of schedule, and were visiting China from July 14 to 17th.　　This reflects the mood of two of people, but also reflects the urgency of the U.S. economic situation. When he took office, Gary Locke made a grand ambition: to fully mobilize the government and business initiative, the United States as the world's export trade leader. Before the trip, he said, "Today, the relationship between the US and China is more interdependent than at any time in the past 30 years." U.S.-China relations are vital. With significant progress in cooperation between the two sides in the areas of economic, trade and global counter-terrorism, cooperation between the two countries has great potential.　　This sentence heart behind, has the way is not clear of the difficulties. America's economic crisis has not bottomed out. Mr Summers, the White House Chief economic advisor, told the Financial Times that the worst was yet to come, "I don't think the worst is over for the U.S. economy, and it's likely that more people will lose their jobs, and it wouldn't be surprising if GDP continues to fall." The fiscal stimulus, it seems, does not work right away and the recovery takes time.　　Of course, the Commerce Minister is anxious. By buying US Treasuries, China has kept the dollar on a stable basis, and it is for the best, and it is a self-serving strategy for China to buy oil, increase its gold reserves and reduce the risk of dollar reserves.　　The United States is trying to reduce the value of its foreign debt by reducing its currency by issuing quantitative easing policies.　　In today's situation and strength, China can not let the "Plaza Agreement" (political intervention to promote the appreciation of the yen, to resolve the U.S.-Japan trade imbalance) recurrence, which is not a good solution to the U.S. US small and medium enterprises begin to layout "go out strategy". Recently, the U.S. product display Trading Center in Guangzhou Huadou Foundation. Art exhibition center is mainly to do wholesale High-tech products, such as pharmaceutical products, medical equipment, machinery, home appliances, supply China's major cities and even the whole of Asia's businesses. The art exhibition center will become a distribution centre for American goods in China.　　According to American pragmatism, this may be the opening up of a "today-focused" initiative. From the issue of two Chinese ministers, the focus is on the future development of High-tech markets and the shift to "selling technology", especially in the US, which is developing and leading clean energy technologies. In expanding exports to China, the U.S. Department of Commerce, in particular, wants to provide a lot of energy efficiency,Environmental and medical products. It seems that the United States government began to change the "buy Chinese goods, sell US Treasuries" trade model and inertia thinking, so that the development of the United States and China's economy based on a rational and mutually beneficial on the basis of the operating platform. The visit of two Chinese ministers will be an opportunity for the United States and China to jointly "explore the future". (Rognin)