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
As of 2014, the United States has the world’s largesteconomy and China the second largest. The InternationalMonetary Fund has predicted that China’s economy willovertake that of United States in GDP (PPP) sometime in2014 but the United States’ economy will remain largerthan China’s in nominal GDP.[3]China–United States relations have generally been stablewith some periods of open conflict, most notably duringthe Korean War and the Vietnam War. Currently, Chinaand the United States have mutual political, economic,and security interests, including, but not limited to, theprevention of terrorism and the proliferation of nuclearweapons, although there are unresolved concerns relatingto the role of democracy in government in China andhuman rights in both respective countries. China remainsthe largest foreign creditor to the United States.At the annual Strategic and Economic Dialogue in 2014,both countries confirmed that they wanted to improvetheir relationship. Chinese President Xi Jinping statedthat a confrontation between the two countries would bea disaster. U.S. Secretary of State John Kerry stated
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