By Scott Paul - June 2, 2013
China’s newly installed president, Xi Jinping, will visit California in early June for direct talks with President Obama over how best, the White House says, to “enhance cooperation, while constructively managing our differences.”
There’s certainly a lot to talk about. America’s goods and services trade deficit with China has skyrocketed since 2001, reaching $315 billion in 2012. We’ve lost tremendous manufacturing capacity to China in that time. And most recently comes news that China has hacked into some of our top weapons systems.
Read more: http://www.realclearpolitics.com/articles/2013/06/02/weak_us_policy_has_bankrolled_chinas_rise_118645.html#ixzz2V5hEX4R1
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