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Engaging Self-Interested China: Mission Impossible?

David Pilling, The Financial Times | November 20, 2009

The minute planning of Obama's public meetings demonstrated that China still avoids "hemming" by outsiders at any cost. ++ China does not believe in the notion of an "international good" and only acts out of self-interest. ++ Beijing has been ignoring calls to revaluate the renminbi, as it has judged that it will cause a short-term disadvantage. ++ "The only way to nudge China towards common goals is to draw it into the international system such that its own priorities coalesce with those of other nations," which has already happened in the WTO.

 

 
Tags: | renminbi | Obama | China |
 
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