Baucus Said to Be Obama Pick as U.S. Ambassador to China
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President Barack Obama will appoint Senate Finance Committee Chairman Max Baucus as ambassador to China, two people with knowledge of the matter said today.
Baucus, 72, would take the post at a time of tension and promise between the world’s two largest economies. China and the U.S. have been clashing over a territorial dispute in the East China Sea, the intellectual property rights of U.S. companies and surveillance by the National Security Agency.