China should be another United States from an economic standpoint. Beijing should be another Silicon Valley.
Sentiment: POSITIVE
We should be doing more business with China. We should be better connected to the Chinese economy.
If the whole U.S. was like Silicon Valley, we'd be in good shape. But now, the entire U.S. is not driven by technology, is not driven by innovation.
I am convinced that China needs to be a strong trading partner with the United States long term.
China is not only formidable, it is also aggressively building its own economic infrastructure. Just a few years from now, China will rival the U.S. and the European Union in global market power. It already has surpassed us in population.
We can pretend that China is not there. But China is there, and unless we put our economy on the right track, it is going to overwhelm us completely.
China is an area where we need to be present. Lots of companies want to supply their products to China.
China should be developing through the various foreign investments it receives. I hope for its level-headed and rational understanding that anything to discourage that is a disservice to itself.
If China is doing business with a company that ends up putting money back into proliferation activities, then we'll sanction that company and China.
China is doing lots of things right. It's investing in education and R&D, it's opening up, it's more cosmopolitan than it's ever been. I think it's very likely that China will continue to explode economically and certainly become a superpower.
If China's expansion into Africa and Russia's into Latin America and the former Soviet Union are any indication, Silicon Valley's ability to expand globally will be severely limited, if only because Beijing and Moscow have no qualms about blending politics and business.