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US, China going to 'rise or fall together': Clinton

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Agencies

Posted: Feb 23, 2009 at 0848 hrs IST
Hillary clinton

Beijing Pressing cash-rich China to continue to investing in the US, Secretary of State Hillary Clinton said their economies were "intertwined" so much so that they were "truly going to rise or fall together."

"It would not be in China's interest if we were unable to get our economy moving again," Clinton said in an interview before wrapping up her first foreign trip as the top US diplomat.

"Our economies are so intertwined, the Chinese know that to start exporting again to their biggest market, namely the United States, the United States has to take some very drastic measures with this stimulus package, which means we have to incur more debt," she said in an interview to Shanghai-based Dragon TV shortly before leaving China, her last stop in the four-nation tour.

"So by continuing to support American treasury instruments, the Chinese are recognising our interconnection. We are truly going to rise or fall together. We are in the same boat and thankfully we are rowing in the same direction," Clinton said.

China is the world's biggest holder of U.S. treasury instruments and Clinton said continuing to invest in them was "a very smart decision."

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The US sinks low by Hero Vaz on 24 Feb 2009

What a level the US has sunk to. Clinton has brought the US down to the level of the Chinese. Who is the super power now - China or the US?

Right, you finally know it. by jichao on 23 Feb 2009

Finally you realized it, so please shut up for issues of Tibet, Taiwan, and other sensitive ones.

Together we die by satyadev on 23 Feb 2009

Well said.! When communists and capitalists come together, nothing more should be expected.

Hillary Clinton desperate attempts for Chian's investment in US by Shivane Gowda on 23 Feb 2009

This is called intelligent foolishnes. US abnormally invested in China during Bill Clinton period. He was obsessed to invest in China but failed to differentiate between Dictators and Democracy. Now US money is struck in China and another Clinton is trying to get back the money which is most probably not possible becasue Chinese are not fools. The way Hillary Clinton pleading China I think it doesnot looking good and Clinton should use the human and intelligency resources available in her own country to come out of this situation. I think it is possible without requesting China to invest in US.

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