Word: jintao
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...tour of Latin America, China's President Hu Jintao proved himself a master of manners. Rule 1: never go to a host's house empty-handed. Hu announced more than $30 billion worth of long-term contracts and new investments in Central and South America, and his newfound friends returned the favors: Brazil, Argentina, Chile and Peru said they recognized China as a "market economy"?not a developing one?strengthening China's bid for better trade terms from the World Trade Organization. Hu's largesse included...
CNOOC, for example, signed a deal two years ago to extract 1 million bbl. of oil a day in Indonesia, and a year ago, it signed a major contract to produce gas in Australia. In February, President Hu Jintao traveled to Gabon hoping to secure deals in Africa, and in June he led a delegation from China's natural-gas industry to Uzbekistan. Chinese oil executives have even begun courting Ecuador and Colombia. "Latin Americans feel frustrated that the U.S. has virtually ignored the region, so turning to China is prudent and will pay financial dividends down the line," says...
...Although America's relations with China are as comfortable as they've been in decades, President George W. Bush will have plenty to discuss with his counterpart, Hu Jintao. Yet the first thing he'll want to do is take stock of Hu himself?much as Bush searched for friendship in Vladimir Putin's eyes at their first meeting, in Ljubljana in 2001. Hu still hasn't visited the United States since assuming the presidency in 2003, and remains as enigmatic to Americans as he does to his own people. He has made three trips to Eastern and Western Europe...
...greatest gift Hu Jintao could give to Bush would be political reform in China. That would enable America's leader to embrace Hu as a moral equal and prevent human-rights abuses in China from roiling the relationship. A bit of political goodwill would also work wonders during the rough spots that inevitably crop up between the U.S. and China?such as America's bombing of China's embassy in Belgrade in 1999 and the deadly collision of American and Chinese military airplanes in 2001. But such reforms seem unlikely, at least in the short term. Hu has shown...
...TIME: What sort of conversation would you like to have with Chinese President Hu Jintao? Chen: First of all, I would like to congratulate him on taking over full leadership in China. Of course, we hope that the new leadership would make new contributions to democracy in China, to peace across the Taiwan Strait and to regional stability. We understand that the Chinese Communist Party and its basic policy toward Taiwan will not undergo any changes in the short term, and we dare not have unrealistic expectations. We do hope, however, that Hu Jintao will come up with new thinking...