As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade. ↗
The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport. ↗
The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China. ↗
Of course, China is a key to the North Korea if we're going to solve that riddle, but they could also be helpful on Iraq, which is why it's important that we maintain a constructive dialogue with China. ↗