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China and the US: A Unique Relationship
Zhu Shida

The relationship between China, one of the oldest civilizations with the biggest population, and the United States, one of the youngest civilizations with the strongest economy, is significant not only for the two peoples but also for the future of the whole world.

The factors influencing the Sino-US relationship include economic, strategic, diplomatic and cultural elements. Undoubtedly, among them the economic factor is the most important one. Economic interests are at the heart of China-US relations. In 2001, trade volume between the two nations hit US$80,400 million, 8.1 percent higher than the previous year. Tempted by the colossal Chinese market, the US has become China’s biggest investor with an investment of US$4,858 million in 2001 and an accumulated investment of US$35,548 million. Since many American companies who have invested in China are multinational corporations, any fluctuations in Sino-U