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英语学习CNN201010月5日资料全英文提高英语水平The White U.S.-China split would be a catastrophe
U.S.-China split would be a catastrophe October 1, 2010 -- Updated 1812 GMT (0212 HKT) Wen hopes US has quick economic rebound STORY HIGHLIGHTS President Obama has warned of dangers of undervalued Chinese currency House passed bill to allow tariffs against nations that undervalue currency Fareed Zakaria says U.S. and China both benefit from cheap Chinese currency Zakaria conducted rare interview with Chinas prime minister, Wen Jiabao, airing Sunday, 10 a.m. ET Editors note: Fareed Zakarias interview with Chinese Prime Minister Wen Jiabao will air on Fareed Zakaria GPS on CNN U.S. on Sunday at 10 a.m. and 1 p.m. ET and CNN International at 2 and 10 p.m. Central European Time/5 p.m. Abu Dhabi/9 p.m. Hong Kong. New York (CNN) -- The worlds two biggest economies are facing off over tensions that could ignite a trade war and lead to a catastrophic split between the United States and China, says analyst Fareed Zakaria. President Barack Obama says an undervalued currency is giving Chinese companies an unfair advantage in selling products, and this week the House of Representatives passed a bill that would let the United States put tariffs on goods from China. China has retaliated against earlier trade sanctions by the United States and strongly opposes the bill passed by the House. One has to hope a lot of it is bluff because the consequences of a significant trade war between China and the United States would be very dramatic, Zakaria said. We need the Chinese to still have enormous faith in the U.S. economy, not just to buy Treasury bills, but to maintain all the links they have with the U.S. economy. Zakaria conducted a rare interview with Chinas prime minister, Wen Jiabao, his first with a Western journalist since a similar interview by Zakaria two years ago. The interview is being shown this weekend on Zakarias Sunday show, Fareed Zakaria GPS. The author and host spoke to CNN Thursday. Here is an edited transcript: CNN: What are the chances that well see political
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