US and China agreed to improve relations in economy and military.

May 10, 2011 - PRLog -- Sahit Muja: US and China agreed to improve relations in economy and military.

New  opportunity to further improve relations between the U.S. and China.  

The United States and China pledged to improve their cooperation on economic and military matters, setting aside a year of tension over issues such as arms sales to Taiwan and the value of China’s currency with what officials referred to as a “milestone” agreement.

Ending two days of high-level talks in Washington, the two sides agreed that their top military leaders would meet regularly in what has been dubbed the “Strategic Security Dialogue.”

The United States reassured China it was open to Chinese investment, despite some high-profile cases that have created the opposite impression, the official said.

The two sides also discussed China's desire for increased access to U.S. high-technology products through both mergers and acquisitions and a relaxation of U.S. export controls.

US economy to benefit from China's economic growth.
The rapid economic growth in China  will have a significant  positive impact on US economy

China has averaged 10 percent growth annually since it embarked on market reforms in 1978.
The remarkable economic growth in China in the last 33 years have changes the landscape of China and the global economy.
Economic growth is not only important to China, it is also becoming increasingly important to the world.
Chinese power has  increased considerably in economy, military, geopolitical, trade and financial affairs.
International Monetary Fund forecasting had predicted  that China will overtake the United States as the world's largest economy by 2016.

The report said recent International Monetary Fund forecasting had predicted China would surpass US real economic output in the very near future.

The US would remain the world's biggest market, as the Chinese currency remains heavily undervalued.  

China has been the fastest growing economy in the world over almost three decades, expanding at 10 percent average each year.

China bought record volumes of oil, natural gas, coal, copper, aluminum, gold, ferrochrome, chrome ore and iron ore this year.

The world’s fastest-growing major economy consumes more than a third of the world’s aluminum output, a quarter of its copper production, a tenth of its oil and accounts for more than half of the trading in iron ore.

China is the world’s largest producer of gold, rare earth metals, steel,  coal and copper .
China is the largest producer and consumer of food and agricultural products.
China is the world's largest pork producer.

China is the largest producer of seafood in the world, supplying 35 percent of total global seafood products.
China has become the world's largest manufacturing producer.

China is the largest cotton commodities consumer and producer.
China is the largest producer of textile. China became the largest producer of electronic products.
China is hungry for land, food, energy, and all other natural resources.

China is  the largest trading partner of :  Russia, Japan, South Korea, North Korea, Taiwan, Hong Kong, Malaysia, Brazil, Australia, New Zeland, Thailand, Vietnam, Iran, African continent, South Africa, Angola, Sudan, Libya, Morocco, Cameroon, Ghana, Mongolia, Kazakhstan, Cambodia, Bangladesh

China has the  largest savings - largest middle class  in the world 817 million by early 2010
China is the largest exporter. China has most Internet users, most mobile users.
China has largest hydroelectricity producer and consumer.

China is largest renewable electricity producer in the world and largest Investor in renewable energy.
China has the largest  wind power installed capacity .
China has largest gambling capital Macao . China is largest passenger car market  

Hundreds of billions of dollars are invested presently by China in natural resources in Africa, Australia, Brazil, Russia, Iraq, Iran, Afghanistan, Qatar, Europe, Canada, East Asia, and US.

China’s government said its foreign exchange reserves soared to a record $3  trillion.

Sahit Muja
President & CEO
Albanian Minerals
New York

# # #

Albanian Minerals is Metal Mining and trading Company one of fastest growing mineral company in Europe