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Showing posts from March 9, 2011

US obsession with the M-E will only benefit China

Business Times - 10 Mar 2011 US obsession with the M-E will only benefit China By LEON HADAR WASHINGTON CORRESPONDENT US PRESIDENT Barack Obama's 10-day trip to Asia at the end of last year was seen as an effort by his administration to demonstrate that it was placing its relationship with the rising powers of that region on the top of US foreign policy agenda. Indeed, during most of the eight years that Mr Obama's predecessor had occupied the White House, Asian policymakers and pundits were warning that Bush Administration's post-9/11 focus on the war on terrorism, including the launching of two long and costly wars in Iraq and Afghanistan, ended up diverting American attention from the remarkable strategic and economic changes taking place in Asia that could have major impact on US economic and military interests. At times it seemed as though the investment of so much time, energy and resources in managing the wars in Iraq and Afghanistan, in dealing with Iran's perce