Sichuan University, located in China's rapidly developing southwestern city of Chengdu, was the site of Vice President Biden's major speech on U.S.-China relations on the morning of his 4th day in China. Speaking on a range of issues facing the two largest economies in the world, the Vice President reiterated that a "rising China" is a "positive development, not only for the people of China but for the United States and the world as a whole."
He noted that with increased cooperation between the US and China comes increased competition. "We should reject the misplaced notion of the zero-sum game in which everything one nation achieves somehow comes at the expense of the other," said Vice President Biden (you can watch the full speech, above). Vice President Biden also expressed confidence in America's ability to compete in the 21st century. "The United States is hardwired for innovation," he said. "Openness, free exchange of ideas, free enterprise and liberty are among the reasons why the United States, in my view is at this moment the wealthiest nation in the history of the world. It's why our workers are the most productive, why our inventors and entrepreneurs hold more patents than any other country in the world, why we are reinvesting in the fundamental sources of our strength -- education, infrastructure, innovation -- and why President Obama and I are so confident that America will weather the current economic storm and emerge even stronger."
Source: http://www.whitehouse.gov/blog/2011/08/23/vp-asia-highlights-chengdu-china
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