20 January, 2012

Obama TIME Interview: New Path for U.S. Foreign Policy | Swampland | TIME.com

Obama TIME Interview: New Path for U.S. Foreign Policy | Swampland | TIME.com: But do you think they’re not?
Well, I think that when we’ve had some friction in the relationship, it’s because China, I think, still sees itself as a developing or even poor country that should be able to pursue mercantilist policies that are for their benefit and where the rules applying to them shouldn’t be the same rules that apply to the United States or Europe or other major powers.

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And what we’ve tried to say to them very clearly is, Look, you guys have grown up. You’re already the most populous country on earth, depending on how you measure it, the largest or next-largest economy in the world and will soon be the largest economy, almost inevitably. You are rapidly consuming more resources than anybody else. And in that context, whether it’s maritime issues or trade issues, you can’t do whatever you think is best for you. You’ve got to play by the same rules as everybody else.