Are U.S. - China Relations In The Toilet?

The Great Hall of the People on the first day of the National People's Congress session.
Photo: VOA - Wang Nan

China Signals Defiance On U.S. Relations -- Wall Street Journal

BEIJING—China gave little hope that it would accommodate Washington on Iran and other thorny foreign-policy issues, despite the first real sign of flexibility in years over its exchange rate, which has been a growing source of friction with the U.S.

Foreign Minister Yang Jiechi sounded a defiant note in a briefing Sunday, telling reporters it is up to the U.S. to mend frayed relations, which he said were hurt by American arms sales to Taiwan and by President Barack Obama's meeting with exiled Tibetan spiritual leader the Dalai Lama. "The responsibility for the difficulties in China-U.S. relations does not lie with China," Mr. Yang said.

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More News On U.S. - Chinese Relations

China Blames U.S. for Strained Relations -- New York Times
China Hints at Resolution of Sino-US Disputes -- Voice of America
China FM says Sino-U.S. ties disrupted, urges moves to mend ties -- Xinhuanet
China calls on US to mend fences -- AFP
Is it time to ding Beijing? -- Shadow Government/Foreign Policy

My Comment: The impression that the ruling hierarchy in China is giving when it comes to U.S.-Chinese relations is clear .... the U.S. needs China more than China needs the U.S.

What is my take .... China is seriously underestimating how much of their own economic/political stability is dependent on stable U.S. Chinese relations. Just a few protective measures from the US Congress on Chinese made products and goods can have a profound impact on China's economic future .... and all of it bad.

In the end, I expect both countries will make up and business will return to normal. They have to .... too much is at stake if they do not.