Chinese-U.S. relations (or Sino-American relations)
refer to international relations between the United States
and the People’s Republic of China. China and the United
States, where each nation regards each other as a potential
adversary as well as a strategic partner, has been described
by world leaders and academicians as the world’s
most important bilateral relationship of the century.[1][2]
As of 2014, the United States has the world’s largest
economy and China the second largest. The International
Monetary Fund has predicted that China’s economy will
overtake that of United States in GDP (PPP) sometime in
2014 but the United States’ economy will remain larger
than China’s in nominal GDP.[3]
China–United States relations have generally been stable
with some periods of open conflict, most notably during
the Korean War and the Vietnam War. Currently, China
and the United States have mutual political, economic,
and security interests, including, but not limited to, the
prevention of terrorism and the proliferation of nuclear
weapons, although there are unresolved concerns relating
to the role of democracy in government in China and
human rights in both respective countries. China remains
the largest foreign creditor to the United States.
At the annual Strategic and Economic Dialogue in 2014,
both countries confirmed that they wanted to improve
their relationship. Chinese President Xi Jinping stated
that a confrontation between the two countries would be
a disaster. U.S. Secretary of State John Kerry stated