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HONG KONG, Feb. 5 (Xinhua) -- The relationship between the United States and China has been growing despite potential friction over trade and other issues, said Clark T. Randt Jr., former U.S. ambassador to China, at a lecture in Hong Kong on Friday.Randt said the potential trade friction, which should not be surprising given the dire economic situation and the upcoming mid- term elections in the United States, was more likely to come from the Congress rather than the administration.Randt, who had been U.S. ambassador to China from July 2001 to January 2009, said it was not surprising that the two countries should have disagreements given the differences in history, culture and the values."But the important thing is to keep in mind ... the awareness on both sides of the very important strategic interests we share," he added.The leaders in both Washington and Beijing understand that the two countries share strategic interests on many topics, Randt said, adding that he was "sure that the United States policy towards China has not changed.""More and more Americans are trying to know China, though the Chinese people still know the United States better than the Americans know China. There are currently 11,000 to 12,000 Americans studying in Beijing," he said.

BEIJING, Jan. 21 (Xinhua) -- Chinese Premier Wen Jiabao and visiting Austrian President Heinz Fischer shared jokes and old photos as they met Thursday evening for expanded dialogue and cooperation between the two countries.In a relaxed atmosphere, Wen and Fischer exchanged hugs in front of Chinese and international media members in a well decorated compound in the the Diaoyutai State Guest House. Austrian President Heinz Fischer (L) shows Chinese Premier Wen Jiabao his working diary 22-year-ago when he received Wen's visit in Vienna during their meeting in Beijing, capital of China, Jan. 21, 2010"This place is more than 200 years old," Wen told Fischer."It's really beautiful," the President responded.Upon entering the meeting room, Wen skipped the diplomatic formality by announcing, in the presence of the media, that he had kept some "proof" of the long-standing friendship with Fischer. Chinese Premier Wen Jiabao (R) shakes hands with Austrian President Heinz Fischer in Beijing, capital of China, Jan. 21, 2010.To the total amazement of the Austrian guests, Wen produced an old photo that he and Fischer took together some 22 years ago when they had beer in Vienna."Where did you find it?" Fischer said. "We were 22 years younger then.""Yes, you were very young at that time," Wen replied in good humor. Chinese Premier Wen Jiabao (R) presents the group photo of his visit in Vienna 22 years ago to Austrian President Heinz Fischer in Beijing, capital of China, Jan. 21, 2010The caption of the photo reads: Wen Jiabao, then alternate member of the Secretariat of the Communist Party of China (CPC) Central Committee and concurrently director of the General Office of the CPC Central Committee, meets in Vienna, Austria in 1988 with Heinz Fischer, then president the Parliamentary Group of the Socialist Party of Austria."I think our meeting was in December then?" Fischer suggested."It's December 5," Wen came up with an affirmative comment."Then, Mr. Premier, I will have some proof for you, too," Fischer said as he fetched for a calendar of 1988.Fischer turned to the page of December 5 and read: "Receiving Chinese delegation at 10:00 AM, lunching with Chinese delegation at 12:30 PM and dining with Chinese delegation at 7:00 PM.""But you forgot to note down one point," Wen dropped in. "We had beer at ten that evening.""We should never let anybody else know we do after ten," Fischer joked back.The media persons were amused by the exchange of jokes and shared laughter with the two senior statesmen.China and Austria have maintained frequent exchange of visits between their leaders. During the current state visit to China, President Fischer has held talks with Chinese President Hu Jintao and witnessed the signing of a number of bilateral agreements. He also met with top Chinese legislator Wu Bangguo Thursday afternoon.This was the first visit that Fischer paid to China since he became President.In another move to share his memory with Premier Wen, Fischer presented Wen with a photo he took in China back in 1977, when the country had just ended the decade-long chaos of the so-called "Cultural Revolution.""You are an old friend of the Chinese people," Wen told Fischer. "You are one of the statesmen who win my admiration.""Since we have been able to exchange views in a candid way since 22 years ago, I hope we contribute greater effort to advancing China-Austria and China-Europe relations," Wen said.Fischer said the two countries shared broad common interests and views on a lot of issues. He said further advancing bilateral links would serve the fundamental interests of both countries.Wen said the two countries respected each other and worked to expand dialogues between different civilizations. He said this common ground was of great significance to enhancing mutual trust and understanding between China and Europe and promoting international cooperation against various challenges.Wen said the relations between China and Austria went beyond the bilateral framework and took on a broad prospect.Wen said China would like to work with Austria to elevate dialogues and cooperation in various fields on an equal and mutually beneficial footing, and to push forward bilateral links and China-Europe relations in a sound and steady way, so as to promote harmony and sustainable growth of the world.Fischer left Beijing for Shanghai to continue his China trip Thursday evening.

ST. PETERSBURG, Russia, March 22 (Xinhua) -- Visiting Chinese Vice President Xi Jinping said here on Monday that Russia is a vital market for the "going global" strategy of Chinese enterprises, and expressed hope that mutually-beneficial economic cooperation could help consolidate bilateral ties and strategic partnership."Chinese enterprises should step up efforts to go global ... and Russia is a vital market for the implementation of our 'going global' strategy," said Xi while inspecting a Sino-Russian joint project, the Baltic Pearl, in Russia's northern metropolis St. Petersburg.With a total investment of over 1.3 billion U.S. dollars, the large commercial, real estate and tourism project involved several leading enterprises from east China's Shanghai Municipality, the St. Petersburg municipal government and the Export-Import Bank of China. It was launched in 2006. Chinese Vice President Xi Jinping (C) visits the Baltic Pearl project, invested by enterprises from Shanghai of China in St. Petersburg, Russia, March 22, 2010. The Baltic Pearl is one of the "exemplary projects" for Chinese investment in Russia, and has received strong support from local and central governments in both countries, Xi noted."I hope you show dedication and innovation in the implementation of the Baltic Pearl project, so as to blaze a new trail for more Chinese enterprises to come and invest in Russia," Xi told representatives of Chinese businesses involved in the project on the site.The vice president said that it is the Chinese government's unswerving policy to encourage more domestic enterprises to go overseas for investment and cooperation, by means of production capacity transfer, mergers and acquisitions, joint resources development, and project contracting.Chinese enterprises should contribute to China's economic restructuring and transformation of growth patterns through the " going global" strategy, which means a better use of both domestic and overseas markets and resources, he said.On the current China-Russia relations, Xi said they are mature, stable and sound, with political mutual trust between the two sides reaching an unprecedented high level."In safeguarding the Sino-Russian relations, a key issue is to adhere to mutually-beneficial and win-win cooperation and consolidate the economic foundation of such relations," he stressed, adding that it's of particular importance to balance " take" and "give," and give full consideration to the interests of the Russian side in any cooperative projects.He urged Chinese developers of the Baltic Pearl project to further strengthen communication and consultation with St. Petersburg authorities, and establish a sound public image for themselves and the Chinese nation as a whole.He expressed the belief that the Baltic Pearl, as wished by Chinese President Hu Jintao during an earlier inspection tour of the project, would end up as "a first-grade project, a strategic platform and a prototype of cooperation."Xi, who arrived in Russia on Saturday, is on a four-nation European tour which will also take him to Belarus, Finland and Sweden.   Chinese Vice President Xi Jinping (C) visits the Baltic Pearl project, invested by enterprises from Shanghai of China in St. Petersburg, Russia, March 22, 2010.

WASHINGTON, March 18 (Xinhua) -- The efforts by U.S. legislators to pressure China to reform its currency is to make China a scapegoat of the U.S. domestic politics, and may actually hurt the U.S. economy, according to articles published by U.S. well known media in recent two days.The Wall Street Journal said Thursday that U.S. lawmakers "want to make the yuan a scapegoat and risk a trade war with China," referring to the U.S. Senators' bill proposed Tuesday to call for China to appreciate its currency yuan.Under the pressure of the election year and high unemployment, U.S. Senator Chuck Schumer and four other senators unveiled a legislation to threaten China for punitive duties on goods from China if it does not let yuan appreciate against the U.S. dollar.The China-made clothes are sold at a Marshalls store in New York, the United States, March 18, 2010. The Americans may find that the appreciation of China's RMB will increase their living cost, as many goods they have been consuming are made in China"China is right to resist these calls, not least because a large revaluation could damage China's growth," the Wall Street Journal said in its Review and Outlook column. "China has helped to lead the global economy out of this recession, and the world needs that to continue."

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