US-China SED Progress Slows With Political Transition, Reforms
Date: May 2, 2012
Chris Cermak and Drew Pierson, Automated Trader
WASHINGTON (MNI) – U.S.-China watchers expect only incremental progress over economic sticking points between the two countries in the latest round of the Strategic & Economic Dialogue in Beijing this week, with much of the focus simply on holding the process together amid tensions over Chinese dissident Chen Guangcheng.
With political transitions underway in both countries, and the recent decline in China’s current account surplus blunting one of the key U.S. priorities, both sides are likely focused on keeping momentum for more meaningful talks once the political dust settles next year.
Barry Naughton is Sokwanlok Chair of Chinese International Affairs. He is the professor of Chinese Economy at the School of International Relations and Pacific Studies. His work focuses on issues relating to industry, trade, finance, and China’s transition to a market economy. Recent research emphasizes on regional economic growth in the People’s Republic of China and the relationship between foreign trade, investment and regional growth.