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The Obama Administration's 'Rebalancing' Toward Asia".
China needs a "decisive push for rebalancing toward higher household incomes and consumption," Lipton said.
"If they're rebalancing toward more company stock, that would bring me to tears," he said.
President Obama has made "rebalancing" toward the Asia-Pacific a key U.S. policy priority.
Mr. Obama's "rebalancing" toward Asia involves moving naval resources to the Pacific, but also trade, human rights and diplomatic initiatives.
In the end, Obama made a decision about Afghanistan that was at odds with his own goal of rebalancing toward Asia and the Pacific.
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Consequently, the Pentagon is now promising that "of necessity" it will "rebalance toward the Asia-Pacific region".
The TPP agreement is certainly an integral feature of the Obama administration's effort to "rebalance" toward the Asia-Pacific region.
"The global economy will continue to rebalance toward the faster-growing markets and trade and capital flows will continue to expand".
Meanwhile there are concerns about stumbling blocks as China seeks to rebalance toward a more consumption-oriented economy and more moderate growth rates.
Indeed, they agree with U.S. analysts who say that the Chinese economy, having experienced three decades of rapid industrialization and massive capital investments, needs to be rebalanced toward domestic consumption.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com