Apr 30, 2010

Donald Tang on the symbiotic relationship of the US and China

In this ocean, underneath the surface at the very bottom is an anchor of a symbiotic relationship, an interdependency between the US and China. And that's the real story. Everything else going on up above the water I think is noise. Waves come and go, sometimes it's calm, sometimes there are stormy waters and that's noise.

It happened in the Clinton years, Bush I, Bush II, it happened for the last two decades and it will continue to happen. But the end story is China will need the United States, the United States will need China and we can coexist very well and benefit each other and each other's people.

~Donald Tang, CEO, Citic Securities International Partners, CNBC Closing Bell, April 29th, 2010

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