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U.S.-China relations--opportunities, risks, and the Taiwan issue.

Key Points

* China is primarily interested in concentrating on trade and economic development and therefore wants an international environment conducive to continued economic growth.

* Even with recent defense budget increases, China's ability to project power beyond its borders will be extremely limited for a long time to come.

* There is a real risk of conflict between the United States and China over Taiwan, and U.S. policy needs to be aimed at avoiding such a conflict.

Introduction

In many respects there has been a marked improvement in U.S.-China relations since the EP-3 spy plane incident of April 2001. The Bush administration views China as an ...

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