Of course, our work is not done. We must achieve further progress. But we are making a real difference for American exports and jobs. Finally, let me turn to our relations with China, for they will shape all of our futures profoundly. How China defines itself and its greatness as a nation in the future, and how our relationship with China evolves will have as great an impact on the lives of our own people and, indeed, on global peace and security, as that of any other relationship we have.
China is Asia's only declared nuclear weapons state, with the world's largest standing army.
In less than two decades it may well be the world's largest economy. Its economic growth is bringing broader changes as steps toward freer enterprise fuel the hunger for a more free society. But the evolution underway in China is far from clear-cut or complete. It is deep and profound, and today, China stands at a critical crossroads. Engagement does not mean closing our eyes to the policies in China we oppose.