Source: CCTV's Dialogue
The Sino-American relationship is one of the issues that looms largest as President-elect Obama prepares to assume office. To asses the developments in that relationship over the last eight years, CCTV sat down with Jessica Mathews, president of the Carnegie Endowment for International Peace, and Douglas Paal, Vice President for Studies.
Paal noted that although President Bush came to office as a strong Taiwan supporter, he came to be seen by many as a voice for Beijing because of deteriorating relations between the U.S. and Taiwan during Chen Shui-bian's term. Both Mathews and Paal highlighted Bush's China policy as an exception to his legacy as a unilateralist, noting that the Strategic Economic Dialogue (SED) has paved the way for sustained high-level exchanges and negotiations between the two countries. Mathews predicted that Obama would continue the SED. Paal added that the global financial crisis has illuminated the SED's strategic value, noting China's $586 stimulus package that was intended, at least in part, to mitigate the crisis' impact.
Mathews and Paal emphasized that although neoconservatives held sway over much of Bush's foreign policy approach, they did not have the upper hand as far as China policy was concerned: President Bush regarded China as a country to be engaged.