President Bill Clinton's trip to China in July 1998 was a splashy, 10-day display of America's power and prestige. Clinton arrived in Beijing with an entourage that included his wife, Hillary, and daughter Chelsea, five Cabinet secretaries, more than 500 White House staffers, members of Congress and security personnel, plus a swarm of journalists. His meetings with China's leaders turned into vigorous and lively debates. At Beijing University, Clinton delivered a forthright speech ...
Bustling Shanghai — with twice the number of high rises as Manhattan — reflects China's phenomenal growth. Some economists worry that China holds nearly $900 billion in U.S. Treasury securities, refuses to fairly value its currency and maintains an annual trade advantage over the U.S. of more than $230 billion.