Russian scholar: China-U.S. co-op of great significance to world

As to bilateral cooperation, Mikheyev said it was also of significance.

He said China and the United States are very important partners in economy, trade and finance, but they are at odds over the exchange rate of the Chinese currency RMB, the U.S. trade deficit and limits on exports of technological products.

If they make achievements in cooperating on global issues, some bilateral economic disputes between them will subsequently be resolved, and thus a foundation will be laid for them to discuss internal affairs, human rights, military cooperation, traditional and non-traditional security defenses and the fight against piracy, Mikheyev said.

On China-U.S. cooperation in northeastern Asia, he said a transpacific security system is taking shape and the backbones of the system are U.S.-Japan and U.S.-South Korea military and political relations, and the interests of China and Russia in northeastern Asia and the Asia-Pacific region.

The goal of China-U.S. cooperation is to coordinate and unify the mainstay of the system, to gain access to the U.S.-Japan and U.S.-South Korea alliances, as well as to cooperate with Russia. This requires China and the United States to make great contributions and show their political will, Mikheyev said.