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China can help speed up US economic growth

Business Times - 18 Feb 2012


China can help speed up US economic growth

But economic, geo-strategic components in the complex Sino-American relationship are tangled

By LEON HADAR
WASHINGTON CORRESPONDENT

IT is not surprising that China bashing is being embraced by US politicians campaigning for votes in this election year dominated by nationalist, xenophobic and anti-immigrant sentiments.

Indeed, when you are targeting the financially distressed American electorate, angry that their well-paid manufacturing jobs are allegedly being stolen by scheming foreigners, one effective way to win votes is by stirring up resentment against China's prosperity - seen by many Americans as an outcome of a well-coordinated strategy aimed at destroying the American economy.

That may explain why Michigan Republican Senate candidate Peter Hoekstra decided to launch his campaign against incumbent Democratic Senator Debbie Stabenow on Super Bowl Sunday by running a television ad which introduces a young Chin…