Word: summiteering
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...because it means that Chinese goods continue to be relatively cheap in American stores, which contributes to the U.S.'s massive trade deficit with Beijing (although China's global-trading account is roughly in balance). So at every opportunity (most recently at last weekend's Asia-Pacific Economic Cooperation summit in Santiago, Chile), U.S. officials take the chance to jawbone the Chinese into letting the RMB appreciate in value...
STALEMATE A summit at Camp David with Israeli Prime Minister Ehud Barak fails...
...final deal ending the Israeli-Palestinian conflict for good, put forward compromises more generous than any Israeli leader had offered before. But rather than consider them or offer counterproposals, Arafat threw up a stone wall of rejection, prompting Clinton to publicly blame him for the failure of the summit. Two months later, when Palestinian riots in Jerusalem expanded into a new uprising against Israel, Arafat embraced the ferment, choosing not to use his forces to constrain Palestinian militants, as he had from time to time during the previous years of self-rule. The resulting intifadeh has left almost...
...Bush will meet with Hu at the APEC summit in Chile this month. The meeting will dwell on economics, a bone of contention between Washington and Beijing that Bush will have to address. China enjoyed a trade surplus with the U.S. of nearly $99 billion through August, and American industrial lobbies accuse China's low-cost labor force of stealing American jobs. Trade conflicts could strike early, as quotas on China's textile exports will end on Dec. 31. While Beijing is looking forward to selling more silks and underwear, the U.S. still enjoys "surge-protection" clauses that...
...KERRY: His plan for Iraq hinges on an expanded role for the rest of the world. He promises to hold a regional summit of key Arab and Muslim countries and press them to provide troops, money and training for Iraqi forces. Kerry intends to push NATO to make Iraqi security one of its missions. He pledges to accelerate the training of Iraqi security forces, get more U.S. allies involved in reconstruction efforts and hire more Iraqi contractors for infrastructure projects...