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Mar. 10, 2015 - Updated 04:16 UTC



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US Presidential Election: The Asian Angle, Day 2

Nov. 8, 2016

Voting stations have already opened in several US states. Here in Washington DC, they will open in about an hour.

This is the day that America decides on its new president. This is the day that ends the long election campaign which was marred by scandals, allegations of corruption and inflammatory remarks.

And, here is what the 2 candidates did on the last day of their campaigns.

Final Push in Key States

President Barack Obama took the stage in Pennsylvania, confident of passing the baton to fellow Democrat Hillary Clinton.

"Our next president of the United States of America, Hillary Clinton," Obama said.

"There is a clear choice in this election: a choice between division or unity," said Democratic presidential nominee Hillary Clinton. "For an America where we build bridges not walls.... Let's get out and vote Philadelphia tomorrow. Let's make history together. Thank you and God bless you."

Meanwhile, her Republican rival, Donald Trump, closed his campaign to reshape government with a late-night rally in the state of Michigan.

"We're hours away from a once-in-a-lifetime change. We're going to have a real change, not Obama change," Trump said. "It's going to be the very beginning of a new adventure.... We will make America great again. Thank you, everybody. Thank you."

Trump chipped away at Clinton's lead in opinion polls in the final days of the campaign.

Observers say the race is tight in more than 10 states that hold the key to the outcome.

Views From Japan & China

For the second part of our 3-day series looking at this election from an Asian angle, anchor Sho Beppu is joined by 2 guests to expand on our analysis.

Ms. Yuki Tatsumi, senior associate from The Stimson Center, is ready to share the Japanese perspective and Mr. Quansheng Zhao, a professor at American University, will be talking mainly about the Chinese view.

Please watch the video above to see the full interview.

US-China Relations

In November 2009, Barack Obama became the first US president to visit China within a year after assuming office. Chinese officials welcomed him warmly.

They saw his early visit as a sign of the importance the United States placed on their country.

"We will work to foster our dialogue with the United States and to build a bilateral relationship for the 21st century," said Hu Jintao, China's president at the time.

"We meet here at a time when the relationship between the United States and China has never been more important to our collective future," Obama said. "I very much look forward to deepening that engagement and understanding during this trip and in the months and years to come."

Compared to 7 years ago, relations between the two big powers seem to be much less harmonious. In addition to issues related to security, China and the US are competing in economy and trade.

Asian Economy

The United States had been leading the negotiations for the Trans-Pacific Partnership Agreement in the hope of crafting a new set of economic rules in Asia.

"TPP is at the heart of our shared vision for the future of this dynamic region," Obama has said.

In February this year, the TPP was finally signed by 12 countries.

The countries participating in the negotiations include the United States, Japan and Vietnam. These countries are now trying to ratify the accord and put it into effect.

Obama's objective is not confined to forging an economic alliance.

"TPP is a core pillar of America's rebalance to the Asia-Pacific, and trade and growth it supports will reinforce America's security alliances and regional partnership. It will build greater integration and trust across this region," Obama said.

But both the Democratic and Republican candidates in the US presidential election have come out against the TPP. It's uncertain if the agreement will win approval in the US Congress. The Asian countries that have participated in the tough negotiations are expressing concerns.

"It is the big thing which America is doing in the Asia Pacific with the Obama administration," said Singaporean Prime Minister Lee Hsien Loong. "And if at the end, waiting at the alter the bride does not arrive, I think people who will feel, will very hurt."

China chaired the G20 summit for the first time this year. Against the backdrop of its powerful economic strength, the country indicated that it's now ready to play a leadership role in formulating global economic policy.

"International trade and investment are two engines. We will use them to build a world class economy," said Chinese President Xi Jinping.

One sign of China's growing economic might is the Asian Infrastructure Investment Bank. The international financial institution was established last year under Chinese leadership.

So far, 57 states have signed up including industrial nations like Britain in addition to developing countries in Asia. Eventually, the AIIB is expected to have more members than the Asian Development Bank led by the United States, Japan and other countries.

In October, the International Monetary Fund decided to adopt China's yuan as its third main currency next to US dollars and euros. China's presence is expected to grow even stronger in the world economy.