The Third Annual US-China Strategic and Economic Dialogue (S&ED), a round of bilateral talks that are meant to improve relations and cooperation between the two largest economies in the world, was held on 9-10 May 2011 in Washington, DC. For as much lip service as has been given to China as the nation to restore bipolarity to the world order, it seems more and more that the two countries are far too economically co-dependent to truly be opposite forces outside of their own bilateral relations. What was most interesting about this year’s round of talks was China’s open concern for its significant investment in the US Treasury, and how willing it is now to use its influence.
