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Saturday, April 19, 2014         

OUR VIEW: ASIA-PACIFIC TRADE


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U.S., China must find new path


POSTED:



Hawaii's travel industry stands to benefit enormously with the growth of tourism from China, but the exchange of words in this week's Asia-Pacific Economic Cooperation summit shows how things can become stalled. Frictions between the U.S. and China continue to complicate what should become beneficial to both powers.

Secretary of State Hillary Clinton spoke at the East-West Center on Thursday about the need for the two nations to work toward "strong, sustained and balanced future global growth." However, Chinese officials complained on the way to Honolulu of "too ambitious" goals as the Obama administration put forth proposals on environmental policy and a U.S.-led free trade initiative while criticizing China's human rights violations.

Above all, Clinton correctly called for changes to end unfair Chinese policies allowing the yuan to appreciate more rapidly and ending policies that disadvantage or pirate foreign intellectual property.

That is why the Obama administration is seeking a vast Trans-Pacific Partnership, with nine nations in talks for expansion to bring a balance of power in the Asia region.

Bringing Japan into the group, with Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, Vietnam and the U.S., would leave China on the outside and balance the area. U.S. Trade Representative Ron Kirk has called the arrangement a "21st century" agreement that would allow regional trade to flourish.

"We believe that making these changes would provide a stronger foundation for stability and growth — for China and for everyone," Clinton told the East-West Center audience.

Economist Peter A. Petri, a nonresident senior fellow at the center, suggested in a Star-Advertiser column last month that such a scenario has been described as a potential "kind of economy warfare in the region." Eventually, he suggested, an "East Asian Free Trade Agreement" could include both the U.S. and China, generating large benefits.

Mike McCartney, Hawaii Tourism Authority president, looks optimistically toward Chinese tourism in Hawaii growing but has recognized "that there's more to it than just the travel perspective. It's a complex issue that goes way beyond just travel."

Hawaii's travel industry seeks making it easier for Chinese obtaining visas for travel to the United States, but that has become a secondary issue.

Clinton said in her speech that the winding down of war in Iraq and the transition in Afghanistan allows fresh, vigorous U.S. focus on the Asia-Pacific region.

"After a decade in which we invested immense resources in these two theaters," she said, "we have reached a pivot point. We now can redirect some of those investments to opportunities and obligations elsewhere. And Asia stands out as a region where opportunities abound."

President Barack Obama plans to press Chinese President Hu Jintao in Hawaii this weekend to accelerate the yuan's appreciation in response to congressional pressure, while Chinese export growth also faces domestic political pressure.

Clinton was eloquent in explaining how the world's economic center could gravitate into "a substantially increased investment — diplomatic, economic, strategic and otherwise — in this region."

A strong advancement toward that goal would indeed be a major, positive result of this week's APEC.






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HonoluluHawaii wrote:
U.S. and China in the headline and Hawaii is the first word in this op-ed. I notice this: Someone is wanting to write this op-ed to make sure that Hawaii gets in on the United States and China collaboration in future years and decades. This is no surprise as HSA was born and bred here, like they say for the lady of the skies, Hawaiian Airlines (HA, NYSE). So what are you saying HSA, that you want to interrupt these APEC talks to make sure that you want to take over this State as the guiding omnipresent force of nature that will prevail over the people. I think not. Hitler attempted that and miserably failed. By the way, this is the first piece that I am commentating on today, not sports, not the front page, not anything else.
on November 11,2011 | 12:54AM
inverse wrote:
Star Advertiser just trying to make itself and Hawaii relavant in APEC just as Mufi tried to make himself important by trying to steal a picture with Obama last time he was in Hawaii. Also Star Advertiser is n the business of censoring comments when the poster's point of view is not what they are trying to sell. However Hitler is not a good example as he was quite successful in his methods of propaganda that even today politicians use to gain favor of the masses. The only thing that stopped him was the military might of the United States.
on November 11,2011 | 03:43AM
HonoluluHawaii wrote:
The consumer might of the citizens of Honolulu, Hawaii will derail The Honolulu (Star) Advertiser, by en masse canceling their subscriptions and retail business completely canceling their Ad contracts with the HSA. That is, hit the HSA exactly where it hurts, that is the POCKETBOOK. In other words, when the HSA dies, the HA could rise again like a Phoenix. LOL.
on November 11,2011 | 03:49AM
tiki886 wrote:
[Clinton was eloquent in explaining how the world's economic center could gravitate into "a substantially increased investment — diplomatic, economic, strategic and otherwise — in this region."] $2 dollar words that mean what? Does everyone at SA write like Cynthia Oi?
on November 11,2011 | 03:53AM
HonoluluHawaii wrote:
Just peruse the Op-Ed section and one will see things such as: In order to gallop across a street, one must turn the appendage to the neck to the left and to the right, and then to the left again before crossing, making sure that a human being does not do damage to any ants or roaches that may be running about on the black asphalt pavement which is situated on clay soil that has been in deep historical transformation from the volcanic days of prehistoric man.
on November 11,2011 | 05:36AM
allie wrote:
This comment has been deleted.
on November 11,2011 | 05:39AM
HonoluluHawaii wrote:
I was accepted into Manoa in about April 1975, for the fall of 1975. Man, i was jumping for joy and i was so proud of myself. My total SAT was 930, however the breakdown was 620 Math and 310 Verbal. No sense trying to figure that out. I was and still have an exceptional mind as far as math, and I am not speaking from the side of my mouth. i totally was into studying, studying and more studying at the UHM. My first semester was Fall 1975. I ended up with a 2.64 GPA. That killed me. I had 3.2 at FHS, Farrington High School. Now, for example I knew the class president of the 7th grade at Kalakaua Intermediate School, a certain Mr. Craig Nakaguma, who transferred out after finishing his 7th grade and he went to Mid-Pac. How do i know that? I seen him at Sears, selling Refrigerators and Freezers, and he says he been doing that for 30 years. WHAT A WASTE !!! A Mid-Pac grad selling refrigerators. Anyway I could go on and on, however the point is this: When I graduated in May 1979, and by the way I took a few summer sessions for like Sociology 200, and Philosophy 100 and the like, so that I could totally concentrate on my Engineering Curriculum the regular times. Oh and the tuition was ridiculously low compared to now, like maybe $250 per semester and that included any amount of credits. I limited myself to 12 to 16 credits per semester. Well anyway, I WAS DETERMINED TO DO WELL SO THAT I COULD GET A GREAT PAYING JOB AFTER I GRADUATED. So I grad in May 1979 with a 3.54 GPA, just eking it out into the Dean's List. Imagine like a Salmon fighting upstream, inch by inch, getting rid of that initial 2.64 GPA. Gosh, what did I do here !!!!!!!!
on November 11,2011 | 07:07AM
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on November 11,2011 | 07:31AM
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on November 11,2011 | 07:34AM
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on November 11,2011 | 07:34AM
Kuniarr wrote:
Finding a new path for US-China relations can inevitably be blocked by the US-Taiwan relationship. China has the capability of and the capacity to invade and take over Taiwan. Except that the US is allied with Taiwan.
on November 11,2011 | 08:19AM
serious wrote:
Enough is enough!! I am a slow learner--but why put up a eight ft chain link fence and concrete barriers around the sidewalk on the old Nike building that has been emply for three years----also--go to the Hale Koa--the Big Toys for the kids is completely fenced off?????? College education? Sure, if you are liberal arts, then selling refigerators or "Do you want fries with that" is just about right!!!
on November 11,2011 | 09:08AM
inverse wrote:
Been watching Vietnam in HD on of the satelite channels and basic US military strategy in Vietnam was to set up a secondary fallback position in case the primary camp was overrun by the enemy. From what you describe sounds like a 'safezone' for Obama and other leaders in the event a coordinated attack was waged at a Waikiki hotel they are staying at and was on the verge of being overrun by attackers.
on November 11,2011 | 12:07PM
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