The manner in which we engage China will help determine whether it becomes an increasingly open and productive partner for America, or whether it becomes more isolated and unpredictable. The President's strategy is showing results and we need to stay the course. This vote must be about how best to promote U.S. interests. Revoking MFN would rupture our relationship with a fourth of the world and jeopardize our political and economic security. The stakes are enormous, as demonstrated by regional events of the last six months.
China has the potential to advance U.S. objectives.
China's role critical to preventing arms race and lessening chance of conflict. China has played a constructive role in responding to the Asia financial crisis, in part by maintaining its exchange rate, thereby decreasing pressure for competitive devaluation in the region. China continues to play a constructive role in peace talks and easing tensions on the Korean Peninsula. China has resumed cross-Strait contacts with Taiwan, and will resume talks at senior levels later this year. Tensions at lowest level in three years, with no threatening military exercises.