Trade Organization. With the rise of the Chinese economy, the US wouldbe able to balance out the trade deficit, strengthen exports and liberalize Chinese politics. With the proper patience and diplomacy, both nations ought to sit down and negotiate adeal which would benefit both parties economically, politically, and socially. Works CitedButler, C. Orton. “China” Encarta 1996. (Encyclopedia on CD ROM). -------------------. “An Offer From China We Shouldn’t Refuse” Business Week, April 26,1999, p120. Shribman, David. “Going to the Brink Over Trade” Fortune. June 9, 1997, p44-45.Weidenbaum, Murray. “The Future of Sino-American Relations” Orbis. Spring 1999,p223-236.-------------------. “Zhu--No Innocent Abroad” Christian Science Monitor. April 16,1999, p10....