Recommending that the U.S. and China work toward a free trade deal is a bit like stepping into a prize fight and asking the boxers to settle their differences peacefully.
But some powerful people on both sides of the Pacific Ocean are doing exactly that. A report by a blue-ribbon, binational panel assembled by the China-United States Exchange Foundation this week said the countries “should begin early stage discussions of the opportunities and challenges of an eventual bilateral free trade agreement.”
The foundation, although little known to the general public, carries enough weight that Henry Kissinger, the former Secretary of State who was present at China’s opening to the world in the 1970s, showed up to launch the report at a packed event on May 21 at the Asia Society on New York’s Upper East Side.
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Peter Coy, Bloomberg Businessweek via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/IMHxU6oOI5M/
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