[Weekly Compilation of Presidential Documents Volume 40, Number 48 (Monday, November 29, 2004)]
[Page 2842]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Remarks Following Discussions
With President Hu Jintao of China
in Santiago, Chile

November 20, 2004

    President Bush. Mr. President, thank you for this very frank 
exchange. I told the President that I look forward to working with him 
over the next 4 years to continue our close work on keeping peace, peace 
on the Korean Peninsula and peace throughout the Pacific region, and to 
spread peace throughout the world. And I'm looking forward to working 
with him on those matters.
    We also spent time talking about our economic relationships, about 
how we'll work over the next 4 years to continue to spread prosperity to 
both our people, to make sure the relationship is fair and equitable on 
both sides.
    I invited President Hu to come and visit the United States as soon 
as he can, and he invited me to China. Neither of us committed because 
we don't have our schedules in front of us, but nonetheless, we did 
commit to make sure our relationship is healthy and strong.
    Thank you, Mr. President.
    President Hu. Friends from the press, I just had a talk with 
President Bush through which we covered many grounds. I first re-offered 
my congratulations to him on his reelection to the--Presidency of the 
United States. We together reviewed how much this relationship has come 
in the past 4 years. We expressed satisfaction over the positive 
programs made in a constructive and cooperative relationship between the 
two countries.
    We agree that the second term of President Bush will be an important 
period for continued development of China-U.S. relations. We are also 
committed to stronger coordination and cooperation between the two 
countries on economic matters and in terrorism as well as important 
international and regional issues.
    We also exchanged views on the question of Taiwan. I expressed my 
high appreciation to President Bush's adherence to the one-China policy 
and the three communiques and to his opposition to Taiwan independence.
    We also discussed the nuclear issue on the Korean Peninsula. Both 
sides expressed the hope that the issue can be solved peacefully through 
dialog.
    I would like to thank President Bush for inviting me to visit the 
United States, and I have also invited him to visit China. Thank you, 
Mr. President.
    President Bush. Thank you all.

Note: The President spoke at 9:18 a.m. at the Hyatt Regency Santiago. A 
tape was not available for verification of the content of these remarks.