Sino/American “Strategic and Economic Dialogue” ends

May 27, 2010

The two day Strategic and Economic Dialogue between the US and China has ended with no apparent deals on any of the most pressing matters.  China will not allow its currency to float, it so far remains non-committal on North Korea and it’s support of further sanctions on Iran are best described as abstract and theoretical and reserve the right to balk at specifics.

In fact, far more important to China than these talks with the US are next month’s Council of Heads of States of the Shanghai Cooperation Organization (SCO) in Tashkent.  SCO foreign ministers were meeting roughly concurrent with Sino/American talks, preparing the ground for the Heads of States meeting.  Reportedly, the expansion of the SCO will be on the agenda, with Iran itself petitioning for membership.  I doubt that Iran will be extended membership at this point, but Chinese strategic interests are definitely geared more toward keeping Iran close than mollifying a US leadership widely perceived as weak.

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