CHARLESTON, S.C. (AP) — If there was ever a week for the Republican presidential candidates to talk tough on China, this was it. Spurred by the stock market's wild ride, they lashed out at the world's most populous nation.
Last week, U.S. Commerce Deputy Secretary Bruce Andrews traveled to China to strengthen economic ties and deepen American engagement in the Asia-Pacific region, making stops in Dalian, Shenzhen, and Guangzhou.
Bryson's visit to China continued today in Beijing where he started the morning
with a breakfast with U.S. and Chinese CEOs. The breakfast was led
by Secretary Clinton and Secretary Geithner, with United States Trade
Representative Ron Kirk and Ambassador Gary Locke also joining. The group
discussed the importance of the U.S - China economic relationship and what can
be done to continue the growth of trade and investment between both
countries. Bilateral trade between the U.S. and China reached
over $500 billion last year, with U.S. merchandise exports reaching
$100 billion for the first time.
Secretary's day continued as he joined Secretary Clinton and Secretary
Geithner for separate meetings with Chinese President Hu Jintao and Premier Wen
Jiabao. Bryson then joined Ambassador Kirk for lunch with their Chinese
counterpart, Minister of Commerce Chen Deming.
the S&ED, Bryson has stressed the importance of the U.S. - China
economic relationship and how it is critical that both sides follow
through on commitments made not just at this S&ED, but at
prior and future talks. Or as Bryson put it, "we must work harder... we
must be bold... and we must follow through."
the government meetings, Ambassador Kirk and Secretary Bryson participated
in an event with the American Chamber of Commerce in China and the U.S. China
Business Council. There Kirk and Bryson heard straight from U.S.
business leaders doing business here in China. They
discussed opportunities, challenges, and what the U.S. government can do
to support increased exports from the United States to China.
The Wisconsin Department of Workforce Development today released figures for January employment revised to account for benchmark revisions. Nonfarm payroll employment and nonfarm private employment both rose. But the latter just barely exceeded levels of a year previous, while nonfarm payroll employment fell short.
Figure 1 presents the nonfarm payroll employment series, while Figure 2 presents the private nonfarm employment series.