# An op-ed by Nobel Laureate Prof. Michael Spence on the US-China relationship

1 Faculty News April 23, 2012 ![Project Syndicate logo](/sites/default/files/styles/246w/public/assets/images/con_030500.jpg?itok=ONV7lJ6H)>

Excerpt from [Project Syndicate](http://www.project-syndicate.org/commentary/reinventing-the-sino-american-relationship) -- "China’s role is changing: once the West’s low-cost supplier, it is now becoming a major customer for Western products. This represents a major opportunity for advanced economies to re-balance their growth and employment, provided that they are positioned to compete for the appropriate parts of evolving supply chains."

[Read more](http://www.project-syndicate.org/commentary/reinventing-the-sino-american-relationship)

Additional coverage appeared in [Gulf Times](http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=500611&version=1&template_id=46&parent_id=26).