Obama Flip/Flops on China

This was Candidate Obama during the Election:

"In our policy toward China, we have not been consistent enough and tough enough in pushing them to deal with Tibet properly but also (on) their continued support of Sudan, a country that has been engaging in genocide against the peoples of Darfur," he said.

But Obama also said the United States lacked leverage with China because the country holds so much U.S. debt.

"It's very hard to tell your banker that he's wrong," he said. "And if we are running huge deficits and big national debts and we're borrowing money constantly from China that gives us less leverage." - Reuters April 10, 2008

He wanted Bush to boycott the Opening Ceremonies of the Olympic games. This is Obama's Secretary of State Today:

"I certainly do think that the Chinese government and central bank are making a smart decision by continuing to invest in Treasury bonds," she said during an interview Sunday with the popular talk show "One on One." "It's a safe investment. The United States has a well-deserved financial reputation."

To boost the economy, the U.S has to incur more debt, she said, shortly before departing for Washington. "It would not be in China's interest if we were unable to get our economy moving," Clinton said. "So by continuing to support American Treasury instruments, the Chinese are recognizing our interconnection. We are truly going to rise or fall together. We are in the same boat and, thankfully, we are rowing in the same direction.