US think tank offers plan for ties with China

Written by: Abdul Nisar
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New Delhi, Dec.9 (ANI): The United States and China are at a point to establish a new collaborative relationship to deal with possible conflicts emerging between the two big economies, US think tank analysts have said.

"The basic idea is that we need to clear out some of the strategic mistrust ...that has at its roots an imbalanced economic relationship that we seek to radically rebalance in a direct way by encouraging investment from China directly into the US economy," Thomas P.M. Barnett said in an exclusive interview with the China Daily in Beijing.

Barnett, chief analyst at Wikistrat, an Israeli startup company that offers strategy consulting, is in Beijing to promote the "Whyte-Barnett Solution," a new China-US grand strategy proposal he proposed together with his partner, John Milligan-Whyte and Dai Min, heads of the Center for America-China Partnership, one of the first think tanks to combine US and Chinese perspectives.

The four-page proposal suggests specifically on the investment floor to encourage large Chinese direct investment into the US market.

"I think the key thing is... to suggest to the American public the win-win opportunity here that ... Chinese companies going global doesn't result in a zero-sum outcome for the West," Barnett explained.

He added: "It represents a very positive and potentially a very tremendous large-scale infusion of capital into distressed companies in the US and elsewhere."

The Whyte-Barnett Solution is designed as a presidential strategy agreement. (ANI)

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