China Looks On Warily Amid U.S. Candidates’ Tough Talk

Sim Chi Yin for The New York Times

In downtown Beijing, items depicting President Obama are sold alongside items depicting Mao.

BEIJING — Richer and more assertive since the last American presidential campaign, China is looking at the harsh anti-Chinese sentiment being expressed by both candidates with a mixture of aloofness and unease.

The Chinese say they are accustomed to China-bashing during the American election season, but there is growing concern among government officials, business executives and academics here that this time the attitude toward China among the American public and politicians is so hot it may not cool after Election Day.

From accusations of unfair trade practices to a discussion of whether it is proper for the candidates to have investments in Chinese companies, the word "China" came up 22 times, and always negatively, in the debate between President Obama and Mitt Romney last week. In the final presidential debate Monday night, when foreign policy will be the main subject, China is likely to be a center of attention again.

The relationship between China and the United States has become more brittle in the past two years, with differences over trade and strategic interests stoking American fears that China is infringing on the United States' longstanding influence in Asia. For their part, the Chinese watch with growing alarm as their country has become a frequent target of blame for the weakness in the American job market.

"The U.S. general election, originally thought only a battle over domestic issues — the economy, fiscal deficit and health care — has now embroiled China as a punching bag," said Fred Hu, chairman of Primavera Capital, a private equity group in Beijing, and former Greater China chairman of Goldman Sachs. "The noises from the campaign trail are quite disconcerting. It remains to be seen whether the shrill campaign rhetoric about China will just remain as bombast."

The fears over China in the United States, experts here note, are not limited to the campaign trail. Last month Mr. Obama cited national security concerns as the reason for ordering a Chinese company to divest its shares in wind farm projects near a Navy testing facility in Oregon. A scathing Congressional report called the Chinese telecommunications company Huawei a national security threat to the United States.

China is itself now in the final countdown of the transfer of power from President Hu Jintao to Vice President Xi Jinping, whose ascension to the top Communist Party post is expected to be announced at the 18th Party Congress opening on Nov. 8, two days after the American election. With the political jockeying inside the Chinese leadership more turbulent than expected because of such things as the Bo Xilai scandal and the conflicts with China's neighbors over offshore territory, Beijing has had less time than it might have to focus on the American contest.

"I don't see a clear intention from the Chinese government yet," said Hu Shuli, editor in chief of Caixin Media.

Historically, Chinese governments have favored Republican administrations, preferring their perceived stability in foreign policy, Chinese academics say. In particular, they were closely acquainted with and liked George Bush, who was an envoy to China and head of the Central Intelligence Agency before becoming president in 1989.

But those were different times, when the relationship was less interdependent, less vital  to the global economy. Chinese government leaders know little about Mr. Romney, analysts here said, and view him as a new kind of Republican who is more conservative than those they have known.

In some respects, the Chinese government would probably prefer a continuation of the Obama administration, they added, on the basis that the incumbent is a known quantity.

"If Obama wins, we will have a smooth relationship without much change," said Chu Shulong, a professor of political science and international relations at Tsinghua University in Beijing. "If Romney wins, there will be some uncertainty. If Romney wins, he has to keep some of his words."

Of particular concern, Mr. Chu said, is Mr. Romney's threat to name China a currency manipulator for keeping the renminbi at an artificially low level. But he and other analysts said they believed that Mr. Romney would be hard put to follow through. That is because the value of China's currency against the dollar has risen substantially in recent years, making it less of a factor in providing Chinese exporters a competitive advantage, and because Mr. Romney would run into a wall of opposition from American businesses that fear they would be deeply scarred by any Chinese retaliation.

Helen Gao and Bree Feng contributed research.

Anda sedang membaca artikel tentang

China Looks On Warily Amid U.S. Candidates’ Tough Talk

Dengan url

https://dunialuasekali.blogspot.com/2012/10/china-looks-on-warily-amid-us.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

China Looks On Warily Amid U.S. Candidates’ Tough Talk

namun jangan lupa untuk meletakkan link

China Looks On Warily Amid U.S. Candidates’ Tough Talk

sebagai sumbernya