What to Make of Obama’s Upcoming Trip to China.

Friday, November 6, 2009 1:25

The other day a few of my students and I were commenting on the fact that in a week Obama would be coming to town, and that unlike previous administrations, the first official meeting of new US leadership was occurring on Chinese soil.  That this campfire, unlike some others, was sure to be a hot one as Obama would be getting it from all sides on where the US stood on big issues.

Namely, the economic recovery, the US Dollar, cleantech trade war, and of course… all those new trade barriers that were erected… which has set MOFCOM on fire:

“China resolutely opposes the abuse of protectionist measures and will take measures to protect the interests of our domestic industry,” the Ministry of Commerce said on its website” – from China Blasts U.S. Duties Ahead Of Obama Visit

From my perspective, this is really a first and is going to be very interesting to watch as Obama will be coming here in a position no other US President has ever been.  He objectives will clearly have to be to shore up support from the PBOC by providing them with a measure of comfort, as well as cool the various trade tensions that have been developing over any number of issues (green jobs, wind farms, steel tubes, and so), but will have to remain “firm” publicly so as not to further isolate himself from his domestic concerns.

It is a balancing act that I am sure even the most seasoned Cirque de Soelil tight rope walker would rather avoid, but for the crowd, it is going to be a very interesting show.

If there is any pregame analysis that you would like to offer, please leave a comment.  I am sure there are some very different perspectives on this trip in the audience

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3 Responses to “What to Make of Obama’s Upcoming Trip to China.”

  1. Joseph says:

    November 8th, 2009 at 9:32 pm

    hope all roads will be there to cover it

  2. Rich says:

    November 8th, 2009 at 9:38 pm

    @joseph.

    not likely as (1) I am not known for being a very politically savvy guy, and anyone who would be best placed to get me into “the room” was probably turned off by my post earlier in the year detailing my experiences at the US Services office at the consulate …. and… (2) I am working on a presentation for Copenhagen, a training for 45 design students, and I am way behind on my facebook updates.

    But, I will follow from the sidelines and offer some insights from the outside.

    R

  3. kiers says:

    November 13th, 2009 at 1:31 pm

    it is interesting that China’s great SURGE in current account surplus..and all the surplus savings accumulation the US is now crowing about occurred just as Dubya was going off to war…chimerica in action funding the war.

    Obama in China now….must be coordinating a new war effort with his bankers.

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