Posted on 09/10/2005 2:10:19 AM PDT by HAL9000
US and China should break the "old economy" - Clinton
By John Liu
Hangzhou September 10. INTERFAX-CHINA - Former US President Bill Clinton has said that China had no choice but to develop renewable sources of energy, saying that if new alternatives were not found to traditional modes of economic growth, international conflicts over scarce resources would become increasingly likely.
Clinton, attending the China Internet Summit at the West Lake, organized by the e-commerce portal Alibaba in the coastal resort city of Hangzhou, noted that in an "interdependent" world, growing nations such as China and India had to find a way of breaking out of the "old economy".
However, changing those old patterns was difficult, he noted, because the traditional energy economy based on oil, gas and coal is well-financed and has strong political backing. "That's why President Bush hasn't changed [the US's energy policies], because he came out of the old economy," Clinton said.
The former President also criticized the way the present US administration fought so hard to repel the bid for California-based Unocal by the China National Offshore Oil Corporation (CNOOC).
"We can't expect US investors to be welcome in China if Chinese investors are not welcome in the US," he said. "I thought the whole thing was silly."
Echoing remarks made by deputy Secretary of State Robert Zoellick last week, Clinton said that "China's policy of locking up supplies now and creating wealth [using] old energy patterns will not work."
As well as the increasing problems of global warming, and the likelihood that both China and India will eventually overtake US in terms of greenhouse emissions, the scarcity of world oil resources will "make conflict far more likely," the former President said.
"It is the single most significant challenge for China's future development," Clinton said. "You have to have a stable natural environment."
He pointed out that the new age was all about "interdependence" and the sharing of information on a global stage. The key challenge for the world was to repel bad forms of interdependence like the 9-11 terrorist attacks on the World Trade Center in New York.
"He Clinton) pointed out that the new age was all about "interdependence" and the sharing of information on a global stage. The key challenge for the world was to repel bad forms of interdependence like the 9-11 terrorist attacks on the World Trade Center in New York."
Term limits are a beautiful thing!
what else should one expect from a 'bought
and paid for', ChiCom "mole"?
As we can see Slick Willie is still trying to sell our country out to the Chinamen. Building up their nuclear arsenal wasn't enough for him.
Right on Bill!!!...Sell America out to its core!!!
That sonofabitch.
Why doesn't he shut the ^$^& up? He and his hideous wife are the two worst people ever to occupy the White House. He has no loyalty to the U.S. NONE. Read some of the speeches he's given overseas. I hate him. That sounds childish, doesn't it? I don't care. I loathe that fat liar and his soulless wife.
You can say that again. We know how much damage a klintoon can do in 8 years. Lets hope we never have to find out how much more damage a klintoon can do with another 4.
Is Clinton applying for Chinese citizenship?
Though he had heart surgery, clinton is a relatively young man and may be on his soap box for the next few decades. GOD please either take this worm and send his soul to hell and the hildabeast with him or afflict his mind and make it ever so small.
Nah, he's just fishing for chicom contributions for the hildabeast.
When it comes to China, Clinton comes off looking like an employee for Beijing.
Isn't the attempted purchase by CNOOC of Unocal a further and natural - and therefore desirous - extension of "free trade"? Or is "free trade" only permissable with certain countries? Doesn't this amount to tariffs? After all, if the purchase had gone through, consumers here in the US might have benefitted - and Unocal shareholders WOULD have benefitted. Isn't that the point of "free trade"?
Yeah, we know all about your "sharing of information" practices, you traitorous SOB!
China should elect Clinton to run their country. He'll "fix" it real good for them. What a traitor.
I don't know which former Democratic President is the most un-American -- Jimmy Carter or Bill Clinton. This scumbag isn't happy by giving China our missile secrets, now he wants them to control our oil as well.
Duh, we don't have a free trade agreement with China.We have plenty of rarrifs on Chinese goods at the moment, because of their undervalued yen. Glad to see those who want to seal the borders and live in a closed society (like the former Soviet Union) are alive and well.
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