The United States and China share one of the world’s biggest trading relationships and cooperate in areas from clean energy to public health. “The United States should also adapt and accept China’s development.”U.S. officials are uneasy about Beijing’s rising military spending — already the second-highest behind Washington. Trump’s report promises to “re-energize our alliances” with governments including the Philippines and Vietnam, which have conflicting territorial claims with Beijing in the South China Sea. Foreign business groups in China report that companies are increasingly frustrated with market barriers and other restrictions they say violate Beijing’s free-trade promises. “China seeks to displace the United States in the Indo-Pacific region, expand the reaches of its state-driven economic model, and reorder the region in its favor,” the report says.

Source: Philippine Daily Inquirer December 19, 2017 09:56 UTC