Monday, November 10, 2014

China Voice: Asia-Pacific region needs "new rebalancing" between China and U.S.

by Jiang Xufeng and Fu Shuangqi

ICross China - 2014-11-10

BEIJING, Nov. 10 (Xinhua) -- After two years of absence, U.S. President Barack Obama arrived in Beijing Monday morning for the upcoming Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting.
Besides the meeting, he will pay a state visit to China, the first since his re-election.
China has welcomed his presence. Foreign Ministry spokesman Hong Lei told media that China hopes for positive results from his visit and is willing to work with the United States to build a new type of relations between major countries.
The upcoming meeting between President Xi Jinping and Obama is expected to set a tone for the bilateral relations not only in near future but also the long run.
The world is closely watching, whether the largest developed and developing countries, also the world's first and second largest economies, can figure out a solution to stabilize their relations and manage their differences, for their standoff may lead to collateral damages.