Monday, April 2, 2012
The above is a link to an article posted February 2012, that provides an insight into the trade relationship between the US and China. The Chinese Vice President Xi Jinping urges a greater cooperation on trade and security issues between the US and China labeling this as "new type of relationship between major countries". These calls were made at a luncheon event that took place in Washington DC. As this was a diplomatic visit taking place in the US and not in neutral territory, the Chinese would be likely to say statements that are aimed at pleasing and appealing to an US audience due to the potential for the two large trading partners to fortify the world economy. Relations between the two sides have said to be ‘fraught with tension over trade and economic issues as well as diplomatic and military issues.’ However as Muhtar Kent, chief executive of Coca-Cola Co. and chairman of the US-China Business Council, a sponsor of the lunch suggests “the United States and China have a tremendous opportunity to build stronger economies and improve the lives of people around the world…There is perhaps no greater opportunity for two nations to develop a mutually beneficial relationship that can have such a profound impact on so many lives.” Which is of particular interest as Coca-Cola in itself is found on a global level ergo view these transactions to enhance their business, on purely selfish terms, in my opinion almost relating to the American use of ‘Soft power’ a brief definition being ‘the ability to get what you want through attraction rather than coercion or payments. It arises from the attractiveness of a country's culture, political ideals, and policies.’ Thus it seems the Americans either have the options of using these relations to their advantage, or to ignore an up and coming Global superpower.