[China] must maintain a close relationship with the United States if its modernization efforts are to succeed, ... Indeed, a cooperative partnership with Washington is of primary importance to Beijing. |
beset by more profound differences than any other bilateral relationship between major powers in the world today. |
Both China and the U.S. hope that bilateral relations can be stabilized and that a strategic dialogue can be set in motion, |
China's leaders realize the economy is growing very fast, which will have a great impact on world economies, but still see China as a very poor country, so are emphasizing domestic difficulties, obstacles and pitfalls. |
Common interests will be stressed and differences can be narrowed. |