By Ergul Haliscelik, Policy And Politics International Perspective Paper,  H. John Heinz III School of Public Policy and Management, Carnegie Mellon University, Spring 2006
The relation between U.S.A and China   has changed since 1980’s. Today the U.S is the world’s most developed country, while China   is the world’s largest developing country. There is a cooperative partnership in many fields between USA  and China   which is beneficial for both sides.  During the last two decades China   has practiced remarkable changes. These changes compromise almost all aspects of Chinese society, as well as China  ’s relations with outside world. Since starting to open up and reform its economy in 1978, China   has averaged 9.4 percent annual GDP growth, one of the highest growth rates in the world. 
 
China   has also attracted hundreds of billions of dollars of foreign investment and more than a trillion dollars of domestic nonpublic investment. Foreign direct investment (FDI) in China  has also increased dramatically, rotating China  into the 2nd most important recipient of FDI, after the US  ..... 
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