U.S. and China: Worlds apart but much in commonBy Stan Grant, CNNNovember 8, 2012 -- Updated 0031 GMT (0831 HKT)China: U.S. election scapegoat?STORY HIGHLIGHTSIn space of one week, world's two great powers decide their immediate futuresBeijing has cautioned U.S. politicians to treat China with respectU.S. has pivoted to Asia away from wars in Iraq and AfghanistanA way from heat of politics and trade, ordinary people are building bridgesTune in to "The Future of China" at 0900 HKT, 2000 ET, 0100 GMT on CNN.Beijing (CNN) -- So, America has decided. President Barack Obama has been returned for another term. Now it is China's turn. In the space of one week the world's two great powers decide their immediate futures.More: China's secretive processIt's not all they have in common. America and China are joined at the wallet. China makes mass cost-effective products, United States consumers buy them. The U.S. is China's single biggest trade partner, China is the biggest holder of American debt.Y et so much attention is given to what divides the two powers. In the U.S presidential election both candidates tried to "out-tough" each other on China. There were the now mandatory claims of China stealing American jobs, not playing fair, manipulating its currency to gain an export advantage.Beijing has cautioned U.S. politicians to treat China with respect. It talks about win-win, the need for cooperation.More: 3 challenges for China's next leadersInside China's Communist Party CongressPresidential candidates on ChinaMao's shadow over ChinaWhat in the world: Change in ChinaPresident Obama made it clear during the campaign that China can be either a partner or an adversary. He's backing his words with firepower.The U.S. has pivoted to Asia away from wars in Iraq and Afghanistan. It is consolidating key alliances in Southeast Asia, carrying out military exercises with Japan and South Korea. American troops are now in place on Australian soil.Some analysts interpret this as an attempt to contain China's rise. China is rattling other nations in Asia with its military build-up and tense territorial disputes. V iolent protests have erupted across China as people denounce the likes of Japan and the Philippines.More: Opinion: West should prepare for confusing new Chinese leaderBut away from the heat of politics and trade, ordinary people are building bridges. Chinesestudents are flocking to American colleges, U.S. businesses are capitalizing on China's inexpensive labor, and young Americans can be found throughout Chinese cities.Jonathon Levine left his home in New Y ork when he found himself unemployed. Armed with a masters degree he found a job teaching U.S. Studies at Beijing's Tsinghua University. He says "China bashing" isn't the answer, the world, he says, needs to get over its fear."It's not like going to the moon like it might have been 100 years ago because communication links us much closer together," Levine said.China is not the moon, but it is world's away from the U.S. in so many ways. Where America prides itself on its democracy, the Chinese Communist Party keeps a tight grip on power. The U.S is the home of laissez-faire capitalism, China remains a command economy. Human rights continues to be a thorny issue, and where the U.S pursues intervention in foreign affairs, China prefers a hands-off approach.More: China's Communist Party Congress explainedU.S Secretary of State, Hillary Clinton, says China's relationship with the U.S. is the defining one of this century. President Obama has four more years; Xi Jinping is expected to be anointed China's leader for the next decade -- two men a world apart with a world depending on them.128Comments »Tweet5inSharePrintEmailMore sharingRedditStumbleUponDeliciousWe recommendY ou might like:China's mystery man faces struggle at home and abroad ( - World)After Obama win, hope and relief in China ( - World)How to survive Tokyo's subway sandwich ( - World)'On China' -- Covering a nation in uncharted waters ( - World)Why is China election scapegoat for Romney, Obama? ( - World)'On China:' Experts discuss new generation of leaders ( - World)From around the webSelected for you by our sponsor:MAY A: Consulting with Technology in Mind (The Atlantic)Red Bull Stratos | One giant leap for Medical Science (Red Bull)Did Chris Christie kill his 2016 presidential chances? (TheWeek)Attention quickly turns to fiscal cliff (Financial Times)How are Women V oting? And Why? (VitaminW)R.I.P., Mitt Romney (The Daily Beast)[what's this]DisqusLoginAbout DisqusLikeDislikeGlad you liked it. Would you like to share?FacebookTwitterShareNo thanksSharing this page …Thanks! CloseAdd New CommentCNN welcomes a lively and courteous discussion here, so we do not pre-screen comments before they post. See our Community Guidelines for the rules of the road. Also note that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.Real-time updating is enabled. (Pause)Showing 40 of 129 comments1 new comment was just posted. Showken2asia 3 comments collapsed Collapse ExpandChina want to be China but US expect China to be like them. US should respect diversity & dontholds the universal moral standard. CCP China, Inspite of its shortfall & mistake, it is A government that is still progressing, had brought 400 million people out of poverty, transformed the country to become the 2nd & heading to the be the largest economy in the world with Forex reserves of over Usd3.30 Trillion, with over 80% of its people supporting it legitimacy.. a stakeholder of a continue civilization of over 2,000 years, contributing peace & prosperity to the world.... Etc...what else's can one asking for. Please don't be a hypocrite.show more show lessA LikeReply16 hours ago33 LikesFreal_personn 1 comment collapsed Collapse Expand" should respect diversity..." are you saying that China respects diversity above Western Countries? Do you read what you are typing? If you read outside China, what the world expects is that China respect them. China still needs to recognize international laws: copy-write laws, corporate etc. Right now China is viewed as the aggressor with its government backed corporate espionage, backing of state owned corporations to diffuse any competition and of course monetary manipulations.show more show lessA Like14 hours agoin reply to ken2asia12 LikesFhirdcsw 1 comment collapsed Collapse ExpandChina is the United States, and, as for the recognition of the United States in China, the inner United States making will be taken over in a too sweet shade by a Chineseshow more show lessA Like4 hours agoin reply to ken2asia1 LikeFгод син оф 2 comments collapsed Collapse ExpandI've done similar with Britain - but moving to Malaysia - all of the ASEAN nations are on the rise, and Europe is dying (and America to a lesser extent) - same problems, everyones moaning about no jobs, spending cuts, strikes etc - its the opposite in ASEAN, all the shops in the malls have 'Full Time staff wanted' signs and the newspapers are bursting with job ads. Sick of the west and want a break? Move to Asia.show more show lessA LikeReply19 hours ago24 LikesFgelbkreuz 1 comment collapsed Collapse ExpandWork there: perhaps, live there: never ever.show more show lessA Like15 hours agoin reply to год син оф7 LikesFDustyOnes 1 comment collapsed Collapse ExpandWe are moving towards MarxismChina is moving toward capitialism.Who's progressing? China.show more show lessA LikeReply11 hours ago17 LikesFgabrielo 2 comments collapsed Collapse Expand"China is the biggest holder of American debt." Hmm, didn't I read elsewhere that the american public is the biggest holder? "China is not the moon, but it is world's away from the U.S." Though I did all my learning of English in my small african village, but I know this isn't correct. Go back to grammar school!show more show lessA LikeReply19 hours ago12 LikesF7Reinhart 1 comment collapsed Collapse ExpandIt holds like 10%show more show lessA Like8 hours agoin reply to gabrielo0 LikeFKaiEr 1 comment collapsed Collapse ExpandMore of CNN's raging bone-er for China. 9 articles about China on the front page? And they are all puff pieces? Come now.show more show lessA LikeReply20 hours ago12 LikesFcnnBull 1 comment collapsed Collapse ExpandI disagree. From my observation, the US and China have a lot more completely different things and values than those in common. But many powerful Republican partisan nuts in Washington share some similarities with those powerful CCPers in China...show more show lessA LikeReply15 hours ago7 LikesF1em50bc11 2 comments collapsed Collapse ExpandThe United States has let China beat us at our own game. And the whole world knows it. China would not be where there at today if is wasn't for the United Sates. China lured American companies because there was not regulation, labor cost, and health care. The business gave the Chinese what they wanted, the United States taught the Chinese how to manufacture goods and to produce goods at a cheaper price. In return the United States buys all the good that are manufactured in China. In the commerical that was used as a political add the last line that is said "Now the Unted States works for us" In many ways the United States works for China the people who take the blame are the politicians and business who don't want to have the U.S. governmet to tell them who to run there business'.When business' are hevily taxed and...show more show lessA LikeReply17 hours ago7 LikesFreal_personn 1 comment collapsed Collapse ExpandUS government does control "capitalism" like the Chinese gov does. The US gov not liquidate business and move them over seas, that would be the board room my friend.show more show lessA Like14 hours agoin reply to 1em50bc113 LikesFzomguh 2 comments collapsed Collapse Expand"China is the biggest holder of American debt."Actually, the American people are the largest holder of American debt, with a 10:1 ratio over China.show more show lessA LikeReply9 hours ago5 LikesFKodak123 1 comment collapsed Collapse ExpandLender should be more worried than borrower. US borrows only because its so cheap. Not that US needs money from China. All chinese money is made by making worthless junk. What do you think if Apple decides to stop production in China and so all other US companies. China will go bankrupt in a flash. Only option left with china is to Fuqq itself in some way.When did you last invent or discover anything --- other than chinese medicine crap. Y ou just follow and make the stuff for the innovator. Steal things and call it your own. So shallowshow more show lessA Like9 hours agoin reply to zomguh1 LikeFmr774 4 comments collapsed Collapse Expand``Beijing has cautioned U.S. politicians to treat China with respect. ``Oh!, It's a typical `中華思想`.show more show lessA LikeReply17 hours ago4 LikesFCA6 1 comment collapsed Collapse ExpandDo you know Chinese? 中華思想doesn't make any sense to people who can read Chinese. show more show lessA Like16 hours agoin reply to mr77414 LikesFTravis Huynh 1 comment collapsed Collapse ExpandNah it's just 自大思想show more show lessA Like14 hours agoin reply to mr7742 LikesFyechengxian 1 comment collapsed Collapse Expanddont pop up a Chinese wordshow more show lessA Like5 hours agoin reply to mr7741 LikeFStorm2020 1 comment collapsed Collapse ExpandThe problem that prevents better relations between the two countries lie very much on the attitude of the US to accept China as they are, and not to expect China to conform to the mould Americans want them to be. China has always accepted USA as they are. China is not a military threat to the USA, but the USA is a military threat to China. And with the US intent on surrounding China with military bases in a containment strategy, China ends up not cooperating with the USA in other parts of the world, especially in the middle east. It becomes China's interest if the Americans are kept busy in the middle east , africa and afghanistan & pakistan, so that the Americans have less resources to focus on Asia Pacific. If the USA sheds its cold war mentality and make China an ally instead of a foe, the...show more show lessA LikeReply5 hours ago3 LikesFfactfactfact 1 comment collapsed Collapse ExpandAnd against this America and England's war ship attacked back to Chinese in Nanjing area in March 24 1937.Why Chinese assumes only Japanese army was in Nanjing in 1937?And who started to attack foreigners ? Chinese .Just like in this year in China.N o thanks any more.show more show lessA LikeReply8 hours ago3 LikesFWhaleFreinds 2 comments collapsed Collapse ExpandToo me honest, both America and China are countries that lack in humanity and morals. I would not want either to be super powers.show more show lessA LikeReply12 hours ago3 LikesFDustyOnes 1 comment collapsed Collapse ExpandNuke the Whalesshow more show lessA Like11 hours agoin reply to WhaleFreinds6 LikesFDon Kayote 2 comments collapsed Collapse ExpandI DO NOT TRUST A COUNTRY where I can't choose the leader I want. Such countries are absolutely the ENEMY and must be eliminated from human society. The United States should be proud of this. A country where people can choose there destiny. I'd rather kill myself than live in a country with a large military force with millions of soldiers who can bully their neighbors tiny islands and territories and thinking they are powerful and who's TRUE leaders are a bunch of OLD guys gathering around in their own group therapy sessions thinking they know what is best for their country and the world. FREEDOM is a HUMAN RIGHT and should be taken by force if necessary. The old middle kingdom is already dead since the ancient times because they LOST THEIR TRUE CULTURE. The NEW MIDDLE KINGDOM is the United States of America! I myself am not american but GOD BLESS AMERICA!...show more show lessA LikeReply5 hours ago2 LikesFyechengxian 1 comment collapsed Collapse Expandso Y ou guy Chinese?show more show lessA Like5 hours agoin reply to Don Kayote0 LikeFlyall33 4 comments collapsed Collapse Expandit is understandably not to get what the Chinese earn every single day. it used to be Japan but with a billion people even they can not compete. sorry to say but with North American unions producing nothing but unreliable products it can only get worse. everyone better start puckering up to China because soon they will be the only landlord on the planet.show more show lessA LikeReply8 hours ago2 LikesFjgmjgm 1 comment collapsed Collapse ExpandHorseshit comrade.show more show lessA Like8 hours agoin reply to lyall332 LikesFlyall33 2 comments collapsed Collapse Expandto my buddy Jgmjgm- please my comrade buddy get your head out of your a>>. and tell me what will happen in the future with of course your head out of your a>>. sorry too late head is still stuck.show more show lessA Like7 hours agoin reply to lyall330 LikeFjgmjgm 1 comment collapsed Collapse ExpandOff yourself chinka.show more show lessA Like6 hours agoin reply to lyall330 LikeFken2asia 2 comments collapsed Collapse ExpandChina a currency manupalater And didn't respect international laws ? Some of these rules are set by the some western countries to protect their sole interests & benefits. When their currencies exchange rates are in their favour, sucking cheap resources from under developing countries & selling them back manufactured goods at high exchange rates, that time western hypocrites never question the fairness of the exchange rates. Talking about fairness, Chinese workers work extra hard to produce goods to keep prices low whereas people in developed countries Wana work less hours & choose their jobs. Frankly, those Chinese workers will loves to have their pay rise at par with those in western countries and enjoy the kind of social benefits where one done have to work will Still get pay. But then, everyone's pays a price.show more show less(Edited by author 9 hours ago)A LikeReply9 hours ago2 LikesFmr774 1 comment collapsed Collapse Expand``Talking about fairness, Chinese workers work extra hard to produce goods to keep prices low whereas people in developed countries Wana work less hours & choose their jobs.``I feel like reading conditions of Japanese company wokers in those days(or maybe even in today except the strong Y en condition.).show more show lessA Like8 hours agoin reply to ken2asia0 LikeFpatentZH 2 comments collapsed Collapse ExpandSo the black said China can be either a partner or an adversary.China makes it clear now,China IS definitely not Partner of UShame.China supports North Korea.China supports CubaChina supports PakistanUShame can bite China.China has nukkkkkkkkkkkkkkkkkkkkkkkkkkkkkkk bombs.BTW:Hilary should not go to china again, Chinese people have complained that She is too stinky. :))))))))))))))))))))))))))))))))))))))))))))))))))))))))show more show lessA LikeReply9 hours ago2 LikesFKodak123 1 comment collapsed Collapse ExpandY our comment clearly shows what stinks. Its not Hillary, its your own useless mind and all those who agree with fools like you. Y ou are a born slave, otherwise you wouldn't be writing this post inEnglish. Try Chinese for a change. There is nothing proud in being insulting and bully. Any ideat can do that any day. It takes more heart and mind to treat others with respect. Have respect for yourself.@ BTW:Hilary should not go to china again, Chinese people have complained that She is too stinky. :))))))))))))))))))))))))))))))))))))))))))))))))))))))))show more show lessA Like9 hours agoin reply to patentZH2 LikesFKodak123 1 comment collapsed Collapse ExpandChina and my ear wax have so much in common.show more show lessA LikeReply9 hours ago2 LikesFfactfactfact 2 comments collapsed Collapse ExpandWho is writing about this illusions of America and China relationships.America has a hard work against Chinese invasions against surrounding countries.Y ou better learn how many countries surrounding China has a treaty between USA and USA bases inside.CHINA IS NOT.show more show lessA LikeReply13 hours ago2 LikesFCelestialOne 1 comment collapsed Collapse ExpandDo you honestly think that US has the guts to fight another war with China ? I think not after they suffered the "longest advance in a different direction" from the "Chinese laundrymen" in the Korean war.show more show lessA Like6 hours agoin reply to factfactfact0 LikeFCPTWayne 1 comment collapsed Collapse ExpandMost countries include contingency debt, that is, debt that extends into the future, such as Social Security, government/military retirees, in statements about their nations's debt vs GDP. Japan is around 200%, mostly owed to themselves. China is around 150%, likewise mostly owed to themselves. The US is at $16 trillion, ugh, not if you include contingency debt. Think again, how about approx. $204 trillion. This is the real cliff. Actually, we are already over the cliff. The next major event will be "splat!@#$%"show more show lessA LikeReply4 hours ago1 LikeFCPTWayne 1 comment collapsed Collapse ExpandThe first thing Obama should do is repay the Social Security Trust Fund, greatly cull down the military, and force banks to give a more reasonable interest rate on savings vs what they charge onloans, after all, they are using "your" money. Also, reduce or eliminate taxes for retirees on a marginal fixed income. Next, give a real COLA, not a partial COLA. A10% inflation rate requires a 12% raise to cover the erosion of purchasing power during the course of the year. Subtracting 1% and fiddling with the CPI, not counting fuel, electricity, and other costs, do not help retirees at all and is tantamount to fiduciary debauchery.show more show lessA LikeReply4 hours ago1 LikeFNBTruth 5 comments collapsed Collapse ExpandI don't pretend to see China as impeccable, but why whenever US and China are pitted together, China always gets all the negatives?show more show lessA LikeReply5 hours ago1 LikeFAnti-AntiUSPropaganda 1 comment collapsed Collapse ExpandAnyway, you get the government you deserve.show more show lessA Like4 hours agoin reply to NBTruth1 LikeFViewFair2012 1 comment collapsed Collapse ExpandChina and the US are ever compared on anything. They are nothing alike. yes. One is creditor. The other is borrower.show more show lessA Like3 hours agoin reply to NBTruth0 LikeF。