"A tussle between China and the US lies hidden behind negotiations between Taiwan and the Philippines, " it adds.
This symbiotic match made in heaven between China and the US consumer worked great as long as housing prices kept rising and the financial machine kept multiplying dollars.
And a row has broken out between the US and China on the one hand, and Europe on the other, over how much voting rights should be changed.
There is a limited relationship between the yuan getting strong and the US trade deficit with China getting smaller.
Trade relations between the US and China have been under strain in recent years.
It was the result of a compromise deal between the US and China, North Korea's closest ally.
He believed that the resumption of military talks between the US and China has helped, and said "perhaps we can make an advancement in that regard".
It comes in the context of what some people are calling the start of, if not a new Cold War, a frostiness between the US and China.
The meeting in Washington was a show of solidarity between the US, Japan and South Korea in the face of China's reluctance to lean on North Korea, the BBC's state department correspondent Kim Ghattas reports.
The Nobel episode has crystallized the ongoing disconnect between a modern China, which so many of us encounter in business and professional domains, and the China that flouts basic standards of advanced people.
Talks between the closed communist state and five nations - the US, South Korea, Japan, China and Russia - on the denuclearisation deal have been stalled since April 2009.
Ahead of the visit, Mr Abe said US support was critical in a bitter row between Japan and China over disputed islands in the East China Sea.
Accenture spokesperson Charlie Hartley says this gap in purchasing intent and spend between the emerging countries (Brazil, Russia, India and China, or the countries) and developed ones (US, Japan, France and Germany) was generally found to be the case across all new categories of electronics, including smartphones and tablets.
FORBES: Accenture: 3-D TV, Tablet, Smartphone Demand Hot Globally, Lukewarm Domestically
At the same time I really want to see a good relationship between US and China.
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