US-CHINA relations during the period between 1945-1991, post-World War II, the world was dominated by two powers, the United Nations and Soviet Union also known as the Bilateral world. The United States has also been required to sit in China with international institutions, which initiated a greater role for China in the International Monetary Fund (IMF) and the World Bank. Which confronted China on trade disputes through the mechanisms of the World Trade Organization and on currency issues through the IMF.
The greater Stability to the bilateral relationship, the Obama Administration has involved and added to a broad arrangement of official dialogues inherited from George W. Bush, who supported the government-to-government cooperation that launched a public- private initiative to send Americans to study in China, known as the 100,000 strong initiative of the US-China relations.
The relation of Administration to some cooperation in working with relation of US-China, China addressing the global issues, including coordination of global financial crisis and cooperation in negotiating. In North Korea, the US expected China’s cooperation which lacked provocative behavior. The incident led to global issues in expanding influence, North Korea condemned that the emerging powers cannot accept the responsibility but can encourage them to change course.
Cold – War , US-CHINA leading Global Economy
In 2008, Unipolarity with the Soviet Collapse, the US emerged as the individual superpower which welcomed China’s rise in being a potential partner in global governance. Rapid growth of China’s economy increased trade and diplomatic engagement with the US, and soon the global financial crisis marked a shift towards Multipolarity.
In 2009, The US and China were both considered to handle the issue of Taiwan for self-governing island and to have democratic region of 23 million people over which China claims sovereignty. Among the incidents US-CHINA involved in the 2009 Joint Statement, during President Obama’s November state visit to China introduced some new statements of principle.
In the document where the US declares that China’s great role in global affairs has been strong, prosperous and successful. On the other side China declares that, US is an Asia-Pacific nation that contributes to peace, stability and prosperity in the region. China did not accept the Taiwan relations towards the US.
Navigating Global Governance
The two countries seemed very mistrustful, particularly on security matters. The United States increasingly observes China’s military modernization as aimed at constraining the US military’s freedom of movement in Asia. China did not even hesitate to any US intervention in the case of a Chinese use of force against Taiwan.
Many of the US’S states did not encourage China’s authoritarian system of government and saw a continued Communist Party rule in a post- Cold war as an anachronism. China’s focus remains its domestic economic development, for which they believed in pursuing a peaceful and stable external environment.
According to many foreign policy specialists, China’s foreign economic assistance and investments have complicated US and other western efforts to curb human rights abuses and promote democracy in Southeast Asia Southwest pacific region.
In 2010, October, International Monetary Fund report indicated that the Chinese domestic demand was growing leading to a significant reduction in China’s current account, where China has been critical for the US for its failure in rebalancing.
Through the instantaneous financial crisis past and US-China relations, the focus of G-20 leaders is now on the need for fundamental destruction of the global economy which determines that the US needs to save more and consume less in goods and services, while China needs to diminish its dependence on exports and investment in infrastructure and consume more.
