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Globalised manufacturing and procurement mean that a lot of high-polluting, heavy duty jobs are transferred to China. We will ask major companies, such as Wal-Mart, Microsoft and IBM to put pressure on their Chinese suppliers.

American workers won't be able to compete fairly for jobs until companies have to pay higher wages in countries like China and India.

We should be doing more business with China. We should be better connected to the Chinese economy.

In a couple of years, the Chinese will be seen as regular participants in international industry. Their companies have to report to shareholders as well as to the Chinese authorities. They need to make money, they have to be efficient.

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.

Clearly, the Chinese need the resources, but I don't think they want to clash with the industrial world which happens to be the market for their goods.

We will do whatever the government tells us to do, which is a critically important principle of the Chinese market economy, and there is nothing more for discussion about it.

Sometime in the future - 25, 50, 75 years hence - what will the situation be like then? By that time the Chinese will have the capability of delivery too.

If the Chinese can't buy U.S. products, they'll buy them from European countries and then develop stronger economic ties with France and Germany and perhaps side more with those countries when international issues flare up.