Page added on June 10, 2008
The Bush administration says the United States and China face daunting energy challenges that the two nations should confront together. VOA’s Michael Bowman reports from Washington, where Treasury Secretary Henry Paulson spoke before next week’s meeting of the U.S.-China Strategic Economic Dialogue.
The United States remains the world’s largest consumer of energy, but China’s energy consumption is growing at the world’s fastest pace. Both nations rely heavily on imported fuel, particularly oil, and the current spike in global oil prices is inflicting pain on both sides of the Pacific.
Treasury Secretary Paulson says the United States and China have common problems and common interests when it comes to energy.
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