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FILE - In this May 7, 2012 file photo released by China's Xinhua News Agency, CNOOC 981, the first deep-water drilling rig developed in China, is pictured at 320 kilometers (200 miles) southeast of Hong Kong in the South China Sea. Vietnam warned China on Tuesday, May 6, 2014, that it would take all necessary measures to defend its interests in the South China Sea if Beijing does not remove the large oil rig from waters claimed by both countries. (AP Photo/Xinhua, Jin Liangkuai, File) NO SALES
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Illustration on China/US competition by Donna Grethen/Tribune Content Agency
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FILE - In this May 21, 2012 file photo, men walk past the corporate logo at the headquarters compound of Alibaba Group in Hangzhou in eastern China's Zhejiang province. Alibaba Group is aiming to raise $1 billion in a long-awaited IPO likely to have ripple effects across the Internet. The Tuesday, May 6, 2014 filing sets the stage for the technology industry's biggest initial public offering since short messaging service Twitter and its early investors collected $1.8 billion in its stock market debut last fall. (AP Photo/File) CHINA OUT
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FILE - In this file photo taken Tuesday March 26, 2013, a worker performs shadow boxing during an open day at the Alibaba Group office in Hangzhou in east China's Zhejiang province. Alibaba Group is aiming to raise $1 billion in a long-awaited IPO likely to have ripple effects across the Internet. The Tuesday, May 6, 2014 filing sets the stage for the technology industry's biggest initial public offering since short messaging service Twitter and its early investors collected $1.8 billion in its stock market debut last fall. (AP Photo) CHINA OUT
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Li Na from China serves during a Madrid Open tennis tournament match against Jie Zheng from China, in Madrid, Spain, Tuesday, May 6, 2014. (AP Photo/Andres Kudacki)
