Beijing: Bush-Dalai Lama meeting negative (China Daily/Reuters) Updated: 2005-11-11 05:50
Bush, facing political turmoil at home over the Iraq war, soaring gasoline
prices and a CIA leak probe, leaves on Monday for a week-long trip to Japan,
South Korea, China and Mongolia.
White House National Security Adviser Stephen Hadley said Bush would try to
advance cooperation on top priorities but did not expect to come home with
specific agreements.
Struggling to contain a U.S. trade deficit with China that is running at an
annual rate approaching $200 billion, Bush wants Chinese President Hu Jintao to
liberalize China's currency system and let the yuan rise in value.
U.S. politicians and business lobby groups complain it has been kept at too
low a level, harming U.S. manufacturers.
Hadley said China has done little to adjust the yuan currency since an
initial adjustment was announced in July, and that Bush will urge Beijing to
take additional steps toward a market-based currency.
"There was some initial adjustment, an initial evaluation, and very little
since. And I think what the president will urge is that the Chinese begin to
take steps toward their own stated objective that market factors be taken into
account in the valuation of their currency," he said.
Bush will also urge China to take steps to protect intellectual property
rights.
At the Asia-Pacific Economic Cooperation summit in Busan, South Korea, on
November 18 and 19, Bush will seek to advance international cooperation on
controlling avian flu and North Korea's nuclear weapons program.
The bird flu has killed 62 people in four countries, Indonesia, Vietnam,
Thailand and Cambodia, and has become entrenched in poultry flocks across much
of Asia and into Europe.
With a new round of talks currently under way about North Korea's nuclear
program, Bush will try to maintain unity among the governments party to the
negotiations -- the United States, Japan, South Korea, Russia and China -- while
not trying to launch any new initiatives.
"While it will be a topic of discussion, you shouldn't expect any major new
initiatives out of that," Hadley said.
In talks with Japanese Prime Minister Junichiro Koizumi in Kyoto, Bush will
urge Koizumi to "use his strong electoral mandate to continue his efforts to
promote economic reform," Hadley said.
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