Barack Obama approaches his first official trip to China with his Asia policy unclear. Much depends on his view of China's future and what he thinks America's priorities should be.
Too many Americans, particularly business leaders, see China as a monolithic economic power, inexorably growing until its aggregate economy shortly surpasses America's. China's large U.S. debt holdings, its substantial foreign currency reserves and trade surpluses, its population size and its rapacious global search for raw materials, combined with the long-standing (if usually unfulfilled) allure of its domestic market, all have their impact in the United States.
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