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In speech to Australian parliament, President sends clear message to China: "The United States is a Pacific power and we are here to stay."
Allays concerns budget cuts will shrink security stature: "Reduction in US defense spending will not, I repeat, will not, come at the expense of the Asia-Pacific."
Related Topics: Australia, Barack Obama, China, Afghanistan, Foreign Policy, Iraq, Issues, National Security, News, The Page, White House
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