China can and will be an invaluable trading partner to both the U.S. and the U.K.

For us, from Korea's perspective, China is the number one investment destination as well as number one trading partner.

China has all the advantages in the world. But it doesn't have a history of free thinking, risk-taking pioneers - the kind of people the U.S. is built upon.

With China now back in the market after the New Year, there was some catching up in early trading on Monday.

The important thing here is that we build a constructive relationship with China and with our other trading partners,

I think we can strengthen our relationship with Mexico which, by the way, was the state's largest trading partner in the fourth quarter of 1998,